Mr. Darby said Vicon’s financial position at September 30, 2010 remained healthy, notwithstanding the operating loss. At year end, the Company had $14.1 million in cash and liquid securities, no interest bearing debt, net tangible equity of $33.6 million (equal to $7.47 per outstanding share) and a working capital ratio of 4.7 to 1.Product development activities in fiscal 2010 produced the sixth generation of ViconNet®, the Company’s enterprise class physical security information management (PSIM) system. ViconNet Version 6 supports the latest compression technology, browser functionality and improved virtual maxtrix capability. Mr. Darby said an aggressive development schedule is again planned for fiscal 2011 featuring, among other things, enhancements to the ViconNet (PSIM) platform and a new line of mega pixel robotic dome cameras.
Vicon Reports Fourth Quarter And Fiscal Year 2010 Results
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