Icetana Renews largest contract, achieves first South America sale
- Icetana’s (ICE) largest customer has extended its shopping mall contract in the Middle East, as the company receives its first South American order
- The contract renewal covers 12 months and is worth $465,000 in recurring licence fees for existing cameras, already installed over 16 shopping centres in the Middle East
- It was renewed with Majid al Futtaim Properties (MAF) who has been using company’s motion intelligence system for enhanced security
- In other news, Iceta na received its first revenue from the South American market from NEC Argentina
- The company is developing its next generation motion intelligence product, with four trial customers secured for the beta release next month.
