SOURCE: VidSys

March 27, 2008 08:00 ET

Frost & Sullivan Awards VidSys 2008 North American Integrated Security Emerging Company of the Year Award

VidSys Recognized for Leadership Position in the Fast-Growing Physical Security Information Management Sector

VIENNA, VA--(Marketwire - March 27, 2008) - VidSys, the leading provider of Physical Security Information Management (PSIM) software for Situation Management, today announced that Frost & Sullivan, the global growth consulting company, has awarded VidSys with its 2008 North American Integrated Security Emerging Company of the Year Award. Recognized for its leadership in the burgeoning PSIM sector, VidSys' software is deployed in some of the largest state and city command and control centers in the U.S.

"We're honored that Frost & Sullivan has recognized VidSys as the emerging company of the year in the integrated security sector," explained David Fowler, senior vice president of marketing and development for VidSys. "As security threats and related events grow in volume and intensity, security personnel can be buried in data from a variety of incompatible security devices and systems. To help identify and resolve critical situations in real time, VidSys' open, robust PSIM applications and platform empower personnel to focus on managing the situation rather than the technology and data. We're proud that Frost & Sullivan has recognized our hard work."

VidSys has been recognized for its product innovation capabilities in introducing the physical security information management (PSIM) platform, which has helped to bridge the gap between the information technology (IT) and the security industries. By focusing on the complete integration of security systems, and overlaying intelligence engines to assist situational awareness, VidSys has been able to provide a solution compatible with different devices and to help organizations identify and resolve situations quickly.

"With the inclusion of Virtual Tracker, Google Maps, and a Web-based user interface, VidSys has extended the integration of various systems further, to utilize the power of the Internet while maintaining security," said George C. Paul, Frost & Sullivan research analyst. "The company has demonstrated excellence in technology innovation and strategic partnerships to advance the integration of security systems. In view of this and the recent awards received, Frost & Sullivan presents VidSys the 2008 Frost & Sullivan Award for Emerging Company of the Year in the North American Integrated Security market."

The Frost & Sullivan Award for Emerging Company of the Year is presented each year to the company that has emerged as a significant participant within its industry. This company is perceived to have exhibited outstanding management, superior market growth, exceptional customer service and the ability to combine technology and successful strategic initiatives. This company has the exceptional know-how to take advantage of market changes through the execution of innovative strategies within the existing competitive landscape.

About Frost & Sullivan

Frost & Sullivan, the Global Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.awards.frost.com.

About VidSys

VidSys is the leading provider of Physical Security Information Management (PSIM) software that allows organizations to resolve business and security situations in real time. Its Situation Management and Video Management applications are built upon its Open PSIM Platform™, which provides out of the box integration and analysis of alarms and events from a variety of security or surveillance devices (such as access control, RFID, video cameras/recorders, CBRNE systems, Fire Alarms and other sensors and security systems). VidSys has focused on federal, state and local government applications as well as enterprise settings in the transportation, gaming and financial services industries, where the software is being used in a number of the world's largest unified command & control centers. Privately funded by Flybridge Capital Partners, Motorola Ventures, and JVax Investment Group, principal offices are located in Marlborough, Massachusetts and Vienna, Virginia. For more information, visit http://www.vidsys.com.

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