3VR SECURITY, INC. WELCOMES FORMER TiVo EXEC BOB VALLONE TO BOARD OF DIRECTORS

-As TiVo was to the personal video recorder, so 3VR will be to the security digital video recorder-

June 29, 2004 - 3VR Security, Inc., developers of the third generation video recorder, today announced the appointment of Bob Vallone, the company's Executive Vice President of Engineering, to the 3VR Board of Directors. Formerly the Vice President of Engineering at TiVo, Vallone's industry expertise will inform 3VR's executive operations as the company pioneers a new market space.

"The wealth of valuable experience that Bob brings to 3VR, in terms of his knowledge of digital video recording technology, his familiarity with our industry, and his understanding of the steps involved in bringing a new product to market make him an integral part of our team and a natural choice for the Board," said 3VR Chief Executive Officer Stephen Russell.

The 3VR platform is a breakthrough approach to advanced video analysis that seamlessly integrates high capacity DVR technology with existing CCTV infrastructures to transform raw, unstructured surveillance feeds into compact, intelligently structured information. With 3VR security professionals can monitor an entire organization rather than just a few cameras, perform intelligent searches on large stores of data, and ensure standardized responses to critical security events.

"3VR will be to the security DVR what TiVo was to personal video recorders," said Vallone. "The product improves on the storage and monitoring capabilities of the DVR and adds revolutionary search and analytical functions desperately needed by today's security professional."

About 3VR Security, Inc.: Despite huge investments of time and money, many security organizations are still blind to the threats they face. 3VR Security, Inc. was founded to address this issue and help companies effectively respond to their security challenges. 3VR Security, Inc. developed the world's first third generation video recorder; an appliance that not only performs the functionality of a high-end DVR, but also allows security professionals to find, sort and respond to data.

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Contact: 3VR Security, Inc., 415.495.5790, press@3vr.com