FREE TRIAL

Get a FREE trial of The Wall Street Transcript and the Liberum Management Change Database.

Name

Company

Phone

E-mail
You are?


TWST Newsletter

Give us your email address and receive the TWST Newsletter.


Related Articles

Search TWST Online

Search by ticker:
or Sector:
Search by keyword:
See the latest Interview Excerpts

Subscribe to TWST

The Wall Stree Transcript is a completely unique resource for investors and business researchers. Thousands of in-depth interviews with CEOs, Industry Analysts and Professional Money Managers going back 10 years.

To obtain a copy of a TWST issue/report order online or call (212) 952-7433 .

SUBSCRIBE

Company Interview Excerpt
OWEN WILLIAMS - SCREEN PLC (SEN.L)


Full article published: 04/23/2001


For Subscribers

Get this article online now!

Order just this article
TWST: Let's start with a quick corporate profile of Screen Plc; what is its core business?
Mr. Williams: For the last three years the core business has increasingly been providing wireless-based technology products. We took that decision as I say about three years ago and increasingly have been focusing on that area, firstly, because we have very relevant and attractive products, and secondly, because it was clear to us that this was going to be an area where our expertise was relevant, that was going to enjoy very, very substantial above-industry growth rates; and so it has proved.

TWST: Tell me about the wireless Web space and the opportunities that it represents; how large is it in your estimate; how fast is it growing?
Mr. Williams: I find it almost impossible to calibrate the potential for our products in the space, - I'll try and explain why. Today the products that we have are directed primarily but not exclusively at the emergency services, and they take the form, for example, of us putting technology into a police car, which effectively is a high-powered Pentium that sits in the trunk of the car and a touch-screen system which is mounted within the dashboard; and that system can communicate over a variety of different networks. The police application in the UK uses something which is called a packet switch network, and that's so because the network provider entered into a framework agreement with the Home Office some few years ago. That network is about to be overtaken and replaced by a more flexible and more appropriate system called Tetra. With our technology in the police car, it allows an officer to do a variety of tasks which otherwise would be either impossible or difficult for him to do. For example, there's an automatic vehicle location system, so not only does he know where he is because he's provided with a complete mapping system, but also the people back at base know where he is. He's also able to make complex interrogations via the touch screen, for example, entering in a registration number, and that allows him to make an enquiry against a centrally-held police database and get the response back in five or six seconds; this contrasts with the old system which you see on television programmes like The Bill, where over a crackly radio you go into central control, and Daisy, if she's there, makes an entry via the computer and if she remembers she'll call back the officer - by which time the car being checked out has probably long since been dealt with or gone. But the serious point here is that they're able to make very many more checks. I think the last statistic on one of our police forces was that they were making 33 times as many checks against the police database as they were prior to our systems being deployed. I'm not saying that's a measure of increased efficiency, but it's certainly an indication of the extent to which they find this particularly feature helpful. And from that basic platform of the technology in the vehicle, we have recently added a lot more functionality for the police. For example, you may also have seen on television a programme called Police-Camera-Action, a type of programme where they show video clips of drivers who are behaving somewhat eccentrically; almost without exception all of those video clips are taken from the technology that we provide, and these are effectively cameras mounted in the vehicle that make a recording within the vehicle of whatever's being viewed at the time. As you've got cameras via this technology, and because you've got intelligence via the Pentium system that we install, you're able to do a lot more. We've recently announced a capability which allows us to do automatic number plate recognition from a mobile vehicle, and this is causing a great deal of excitement. There are many other applications; we can remove from the officer the chore of doing a lot of the paperwork - we can do some of the paperwork automatically for him, for example. So the basic premise is that we are providing at the moment in the vehicle almost a complete command and control system designed to make life for the police officer infinitely easier than it was hitherto. Now, that same principle of course can be and is being used in other applications. It can be used for fire brigades; it can also of course be used commercially for people like service managers, and that's gradually where we are moving to. So we're dealing with these market opportunities sector by sector, and leading on from our success in the UK, where 22 of the 24 police forces using mobile data are using our equipment, and all but one of the UK police forces use our in-car video system. Having achieved that position of pre-eminence in the UK, what we have been doing now for some months is to move via the channels provided by a recent acquisition, into the international market, and we now have a presence in 38 different countries, through which we are now trying to flow the products of the company.

 

Tickers included in this excerpt: SEN.L

 

For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.