Bank of Hawaii Fights Fraud and Prevents Loss Using 3VR Searchable Surveillance Solution

Leading Bank and Security Pioneer Launch Breakthrough Fraud Detection and Loss Prevention Program Across Branches

LAS VEGAS, NV — ISC WEST — March 28, 2007 — 3VR Security, Inc., the pioneer in searchable surveillance systems today announced that Bank of Hawaii has selected its award-winning 3VR Searchable Surveillance System™ for Banks as part of a strategic program to combat fraud. The 3VR system indexes video from traditional surveillance cameras and then analyzes images by using facial biometrics to proactively identify and stop known fraud suspects before fraudulent transactions take place.

"Bank of Hawaii is committed to proactively fighting fraud and protecting customer assets," said Brian Ishikawa, Vice President and Director of Corporate Security at Bank of Hawaii. "3VR Searchable Surveillance Systems for Banks helps us effectively monitor for known criminals and individuals on watch lists to prevent fraudulent transactions from occurring. Additionally, we can now share watch lists across branches to defend against fraud threats throughout the entire system. The video search capability allows rapid investigations of incidents."

According to industry estimates, banks lose approximately $5 billion dollars annually due to over-the-counter check fraud. Perpetrators who assume multiple identities to defraud geographically distributed branches represent one of the largest vulnerabilities in bank fraud. Traditional systems use video solely to capture video as forensic evidence for a specific reported fraud transaction. 3VR has pioneered a new approach by alerting bank personnel when a known fraud suspect enters a branch, often preventing a fraudulent transaction from taking place. Additionally, by making surveillance video searchable for human and other activity, the 3VR system enables instant searches for individuals and activity. The 3VR platform aggregates and shares fraud watchlists and data across branches for a coordinated defense and for highly efficient investigations. Additionally, external watch list and data sources can be integrated with the system to further defend against repeat offenders.

"Aggressively fighting fraud and protecting customer assets is a key priority for retail banks," said Stephen Russell, CEO of 3VR Security, Inc. "We are proud to be working with Bank of Hawaii in the fight against fraud. Together we intend to set a new standard for fraud detection and loss prevention in retail banking."

The 3VR/Bank of Hawaii program has launched with a significant deployment across Bank of Hawaii branches.

About 3VR Security, Inc.: 3VR is the leading developer of Searchable Surveillance Systems™. Pioneering a new standard in video security, 3VR systems combine traditional video recording with powerful facial biometrics and analytics in a searchable surveillance appliance. 3VR security solutions are solving intractable problems such as fraud, theft and homeland security. Using the 3VR Searchable Surveillance Platform, security professionals are able to search for relevant video, manage expansive surveillance systems, integrate applications, data sources and services and streamline security operations. 3VR is changing the standard of video surveillance, delivering new ROI by intelligently using video to stop losses, speed investigations, and improve productivity. 3VR systems are simple to use and install and can scale up to thousands of cameras spanning across geographies.

3VR was recently named one of Red Herring’s Top 100 private technology companies, Security Product of the Year by Frost & Sullivan, and Product of the Year from the Security Industry Association in both the 2005 and 2006. The company is financed by Kleiner, Perkins, Caulfield & Buyers as well as DAG Ventures, Vantage Point Ventures and In-Q-Tel. Please visit www.3VR.com.

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For more information, please contact:

Kelli Tejada
3VR Security, Inc.
415.271.9820
ktejada@3vr.com

Stafford Kiguchi
Bank of Hawaii
808.537-8580
skiguchi@boh.com