Press Releases

3VR IVMS Named Frost & Sullivan 2006 Security Product of the Year

Intelligent Video Management Pioneer Recognized for Outstanding Contribution to Security Industry

SAN FRANCISCO – March 27, 2006 — 3VR Security, Inc. today announced that it has received the Frost & Sullivan 2006 Security Product of the Year award in recognition of its innovation in intelligent video management. 3VR, a pioneer of Intelligent Video Management Systems (IVMS) that convert raw, unstructured video from security cameras into compact, intelligently structured searchable information, won the award for its leading edge approach to physical security and its comprehensive intelligent video management platform.

3VR has set a new watermark for security industry innovation with its IVMS security platform. Only 3VR IVMS delivers a comprehensive approach that meets critical security needs including:

  • Proactive monitoring through an integrated security dashboard and analytics for maximum threat detection;
  • Instant investigations through a unified database that makes it possible to search vast amounts of video data instantly to find relevant information;
  • An enterprise management platform that provides an API for extensibility and integration with existing systems; and
  • Improved staff productivity through improved monitoring and effective sharing of information across geographies and sites.

“Billions of hours of video data are created every week and security organizations have struggled without an efficient way to effectively monitor and analyze the mountain of unstructured video produced—making video surveillance difficult and often ineffective,” stated Karthik Nagarajan, Research Analyst with Frost & Sullivan. “3VR has pioneered a new approach to physical security with the introduction of the industry’s most comprehensive platform for integrated physical security. With its IVMS from 3VR Security, companies are now able to rapidly investigate and resolve security events, and prevent loss as well as reap the economic benefits of a comprehensive security approach.”

Prior to IVMS, physical security innovation has been focused on point improvements to cameras, communications, and recording. Despite the resources devoted to video security – multiple cameras and digital video recorders, expensive analytics, and dedicated security personnel – systems have remained inefficient, have not interoperated well, and have been unable to scale to meet the needs of large or geographically dispersed organizations—until now. IVMS from 3VR addresses these shortcomings and provides the security and efficiency organizations require.

“The customers and system integrators we work with have been searching for a solution that helps them deliver on the primary security issues with which they’ve been chartered. 3VR developed its IVMS technology as an extensible platform to address their essential security requirements and enable effective, proactive monitoring systemwide,” explained Stephen Russell, 3VR’s co-founder and CEO. “We are proud to be recognized by Frost & Sullivan for our security technology and are committed to continued innovation in intelligent video. 3VR is dedicated to developing an IVMS platform that will span not only the security technologies already in use today at leading hotels, banks and other distributed enterprises, but also those on the horizon to improve both the preventative and forensic processes for security professionals."

The 3VR IVMS is a critical component of physical security strategies in a variety of businesses across multiple sectors including financial services, financial-institutions, biotech and pharmaceuticals, and government. For more information about 3VR and IVMS, visit www.3vr.com.

About 3VR Security, Inc.: 3VR Security, Inc. was founded to address the most pressing issue in the security industry today: overwhelming data stores. 3VR developed the third generation video recorder, an appliance that not only performs the functionality of a high-end Digital Video Recorder (DVR) but also allows security professionals to find, sort and respond to data. By making complex technology simple, scalable and available to corporate security buyers, 3VR helps companies effectively respond to their security challenges. The company has received venture funding from Kleiner Perkins Caufield & Byers, VantagePoint Venture Partners and In-Q-Tel.

For more information, please contact:

Rachel Shelton
Eastwick Communications
650.480.4069
rshelton@eastwick.com

Kelli Tejada
3VR Security, Inc.
650.529.2350
ktejada@3vr.com