High-Current Inductors Expand Precision’s Standard Product Line

Wabtec and March Networks

Wabtec Railway Electronics, a unit of Wabtec Corporation (NYSE: WAB), and March Networks™ Corporation, a leading manufacturer of IP-based video surveillance systems for the transportation market, have teamed to produce VideoTrax™, a rugged Digital Video Recorder (DVR) created specifically for the railway industry.

VideoTrax is based on March Networks’ mobile DVR system which is used in operational and trial public safety applications in North America and internationally. Hardened for the locomotive environment and featuring the ability to integrate with data from Wabtec’s locomotive event recorders, VideoTrax offers flexible configuration, including multiple camera and audio options and easy-to-use data analysis and playback tools tailored for the rail industry.

“We feel VideoTrax will give our customers the video and audio data they need to more thoroughly investigate grade-crossing accidents, particularly when combined with the data from our on-board event recorders,” said Robert Haag, vice president of programs for Wabtec Railway Electronics. “The combination of video, audio and event data is very compelling. Our relationship with March Networks allows us to provide a feature-rich DVR solution with a proven track record that further leverages the value of Wabtec’s existing onboard solutions.”

“This new locomotive DVR and partnership

with Wabtec represents a great opportunity for March Networks to address new market opportunities while leveraging our intellectual property investments,” said Peter Strom, president and CEO for March Networks. “North American freight rail operators will now be able to benefit from valuable video information from on-board their locomotives. We see this as the perfect complement to our other rugged mobile DVRs that address security and safety issues in the public transportation market.”

The locomotive DVR incorporates a patent-pending environmental control system. To ensure applicability in international markets, the locomotive DVR was developed to locomotive systems integration standards. Additionally, the compact size and rugged features of the system allow it to be applied in other rail and transportation environments for enhanced commuter safety and security. About March Networks

March NetworksTM (TSX:MN; AIM:MNW) is a leading provider of IP-based digital video surveillance solutions. The company's comprehensive suite of purpose-built digital video recorders (DVRs) and network management and application software enables end-users to capture and manage video and transaction data over both conventional and wireless networks. March Networks' highly scalable DVRs and software serve the needs of leading banks, retail organizations and transportation authorities. The ISO 9001:2000 certified company is actively engaged in developing next-generation video applications to take advantage of expanding broadband networks. For more information, please visit www.marchnetworks.com. About Wabtec

Wabtec Corporation (www.wabtec.com) is one of North America’s largest providers of valueadded, technology-based products and services for the rail industry. Wabtec Railway Electronics is a leading developer of electronic train control equipment and systems solutions, including event recording, end-of-train telemetry systems, wireless communications, electronic braking systems and GPS-based train control systems. The unit maintains engineering and development facilities in Germantown, Md. and Cedar Rapids, Iowa and is supported by a worldwide service organization. Forward-Looking Statements

This release contains certain forward-looking information, including expectations of future business. This information is based on the company’s current expectations and assumptions that are subject to a variety of risks and uncertainties that are difficult to predict and that may be beyond March Networks’ control. Actual results could differ materially from those expressed in any forward-looking statements due to factors such as customer demand and timing of purchasing decisions, increased levels of competition, technological changes and the successful development of new products, product defects and liability, the maintenance of channel partner relationships, risks relating to intellectual property infringement claims, and other risks and factors identified in March Networks’ public filings with regulatory authorities in Canada. March Networks assumes no obligation to update these forward-looking statements as a result of new information or future events.

*MARCH NETWORKS and the MARCH NETWORKS logo are trademarks of March Networks Corporation. VideoTrax is a trademark of Wabtec Corporation.