A RUSSIAN manufacturer of security products hopes to do well in Bahrain and the wider Gulf region.
Macroscop has signed a Memorandum of Understanding with Bahrain’s MHS Technologies and UK-based Proline in the hope of achieving a sales target of $5 million over the next 12 months.
MHS Technologies chairman Mohammed Sajid said: “The capability of this new system and its technology will help the business, defence, security and other sectors in Bahrain.
The high-tech products range in price from $50 to more than $10,000 and are said to perform a range of functions from preventing vehicle thefts and tracing missing luggage to recognising car registration plates and even preventing sabotage.
Macroscop chief executive Artem Razumkov said the company’s technology could identify up to 65,000 people in a crowd in real time.
“The new system can be used for malls, factories, banks, hospitals and big buildings as it helps count people in clusters and notify the user if the number of people in a zone has exceeded its limit,” said Razumkov.
“We feel there is a strong market in the Gulf region for our products and intend to share our technology with the Bahrain firm to provide security solutions to commercial, government and other entities.”
The MoU signing ceremony took place at the Diplomat Radisson Blu Hotel, Residence and Spa under the patronage of Industry and Commerce Minister Dr Hassan Fakhro.