NAV discusses its 2013 Growth Prospects at ISC West

North American Video (NAV) has reported that the company experienced 10-per cent revenue growth in 2012, based on continued expansion of their core gaming business in addition to growth with key customers in new vertical markets. The company is aiming to continue this growth trend in 2013.
 
As reported by NAV, it has signed multiple new corporate level service clients, both in gaming and in numerous other industries in 2012. Last year, NAV logged 500+ service calls each month to multiple large companies in the Northeast, and has continued to build its presence in other markets, including Colorado and Texas.
 
Laurie Smock-Jackson, VP - Sales, North American Video, said, "Continued growth in our core gaming business is being driven by a combination of our expanded offerings and new jurisdictions as states approve or expand gaming to raise tax revenues. Many of the capital improvements earmarked for video surveillance and security system improvements were delayed during the height of the recession. We are now seeing those budgets freeing up to replace or upgrade obsolete systems."
 
Jason Oakley, President & CEO, North American Video, said, "Our gaming business remains at the heart of what we do and is vital to our continued success. In fact, it is our reputation and resume in gaming that has led customers in new markets to trust NAV to take care of their security technology needs. As a result of the reputation, we have built in gaming and almost half of our business in 2012 came from customers in other industries."
 
He added, "More than 70 per cent of NAV’s current projects include integrated technology offerings beyond video."
 
NAV claims that its expertise in designing and building integrated networked video surveillance and security systems enables the company to capitalize on new business opportunities that also integrate adjacent technology offerings to core video projects.