Company Recognized for Technology Innovation, Business Strength, and
Industry Disruption
SAN FRANCISCO, May 22 /PRNewswire/ -- 3VR Security, Inc., the pioneer
of Intelligent Video Management Systems (IVMS) that convert raw video from
security cameras into intelligently searchable information, today announced
that it has been selected from a large pool of young companies, and is
named a member of the annual "Red Herring 100 North America" by Red Herring
magazine. This list of 100 privately held companies in North America
recognizes those that demonstrate leadership through both technology
innovation and business acumen. 3VR stands alone as the only physical
security company on the list. To view the full list, please visit
http://www.redherring.com.
On May 23, at the Red Herring Spring CEO Summit, Stephen Russell, CEO
of 3VR, will demonstrate 3VR v4.0, the breakthrough in video surveillance
technology that dramatically improves physical security. Currently
installed in government and commercial facilities across the U.S., the
product combines sophisticated biometrics, motion and object analytics with
a searchable video database -- the result is a highly-integrated security
solution that makes it possible to proactively detect and preempt threats
and conduct faster and more effective investigations. The Summit, held in
Monterey, California, hosts a select group of 300 technology entrepreneurs,
investors, and corporate developers.
Disruptive technologies and business plans
"With venture capital flowing again, we're seeing a lot of innovative
new companies taking on the established players with disruptive
technologies and innovative business plans," said Joel Dreyfuss,
Editor-in-Chief of Red Herring. "The Red Herring 100 North America
companies, among them 3VR, are pushing and breaking the boundaries of the
technology business and we are excited to report on their success stories."
"It's an honor to receive the Red Herring 100 award, which further
underscores 3VR's commitment to delivering technology products that are not
only innovative but that also solve real-world problems," said Stephen
Russell, 3VR's CEO. "Rather than providing another product that only serves
to overwhelm security professionals with extra video data, we're applying
our IVMS technology to help them manage that data and apply it to confront
and contain security threats with a proactive -- rather than reactive --
approach."
More than just buzz
Red Herring's lists of top private companies are an important part of
the renowned magazine's tradition of identifying new and innovative
technology firms and entrepreneurs. Companies like Google and eBay were
spotted in their early days by Red Herring editors as some that would
change the way we live and work.
After receiving more than 1,000 submissions and nominations, Red
Herring's editorial staff rigorously evaluated 3VR and the other contenders
through a careful analysis of financial data and subjective criteria,
including quality of management, execution of strategy, and dedication to
research and development. The Red Herring 100 North America companies are
at the forefront of the technologies that are changing our lives in
profound ways.
Honoring the best
To honor the Red Herring 100 companies, Red Herring has invited their
CEOs and founders to present at its Red Herring Spring 2006 conference, a
forum for technology's most exciting companies, and to share their insights
on the future of innovation and the entrepreneurial journey. Scheduled to
take place at the Hyatt Regency Hotel in Monterey, this intimate,
invitation-only conference will explore "The Pursuit of Disruption" and how
it spawns unexpected opportunities, novel alliances, and great success
stories.
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 about 3VR and IVMS, visit:
http://www.3vr.com.
About Red Herring Spring 2006
Red Herring Spring 2006 will assemble 300 of the continent's most
innovative and successful CEOs, investors, and corporate developers and
feature a dynamic group of over 100 speakers that are pushing and breaking
the boundaries of the business of technology. Themed "The Pursuit of
Disruption," it will be held May 23-25 in Monterey, California. Please
contact Michael Felber at 650.428.2900 or email mfelber@redherring.com to
request an invitation to attend the event. More information is available
online at http://www.herringevents.com/rhspring06.
About Red Herring Magazine
Red Herring magazine is a sophisticated insider's guide to the business
of technology, featuring unparalleled insights on the emerging technologies
driving the economy, from the Internet to wireless communications and
digital entertainment. Red Herring's journalists report on how innovation
and entrepreneurship are transforming business and how the business of
technology is transforming the world, providing readers with a deep
understanding of venture capital and capital markets. Recognized as an
essential resource in today's fast-changing business world, Red Herring
gets the right answers before anyone else even thinks to ask the questions.
More information on Red Herring is available on the Internet at
http://www.redherring.com.
SOURCE 3VR Security, Inc.
 back to top
Related links:
http://www.redherring.com/
http://www.3vr.com/
CONTACT:
Elizabeth Kollross of Eastwick
Communications, +1-650-480-4070, or ekollross@eastwick.com, for
3VR Security, Inc.; or Kelli Tejada of 3VR Security, Inc.,
+1-650-529-2350, or ktejada@3vr.com
|
