Envysion Selected for Red Herring Top 100 North America Award Managed Video as a Service Innovator Recognized for SaaS Solution

LOUISVILLE, Colo., June 20, 2011 /PRNewswire/ -- Envysion®, Inc., (www.envysion.com) the leading Managed Video as a Service (MVaaS) provider, today announced it has been selected as a winner of the Red Herring Top 100 North America award for its SaaS-based video solutions. The Top 100 North America award recognizes the leading private companies from North America and celebrates these startups' innovations and technologies across their respective industries.

Red Herring's Top 100 North America list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube and eBay would change the way we live and work. 

Continuing this strong legacy, Envysion is transforming the way large retail, restaurant and services customers do business. By combining video with business intelligence, Envysion provides customers with instant, unfiltered and actionable video-driven insights into their day-to-day operations.  Envysion's MVaaS solutions transform video surveillance from a niche security application used by a handful of people to a strategic management tool used by hundreds or thousands of employees.  This increased usage across operations, loss prevention, marketing and training translates to a 10-15% improvement in profit for customers.

"Choosing the companies with the strongest potential was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the Top 100 Winners. We believe Envysion embodies the vision, drive and innovation that define a successful entrepreneurial venture. Envysion should be proud of its accomplishment, as the competition was very strong."

Envysion's innovative solutions bring the SaaS model to video surveillance. By leveraging the scalability of SaaS, Envysion extends the use of video throughout the entire organization. Unlike traditional video surveillance products which limit the use of video to a few users within the organization, Envysion enables hundreds or thousands of users to access video, accelerating the ROI and increasing the impact of video use by orders of magnitude. Envysion's MVaaS also eliminates the IT challenges of managing enterprise-wide video and enables Envysion to innovate and deploy new features and functionality at a much faster pace than traditional video surveillance providers. Since the Envysion application is accessed from the cloud, rather than on the recording device or through a client, all users benefit from instant access to new features as soon as they are available, without any IT involvement.

"Envysion is thrilled to be selected as a winner of the Red Herring Top 100 North America award. This achievement further demonstrates the growing market acceptance and growth opportunity for MVaaS solutions, acknowledges the material results we are delivering for our customers and reflects Envysion's leading position in this exciting space," says Matt Steinfort, president and CEO of Envysion.

About Envysion

Envysion puts the power of video into the hands of a multi-unit operator's entire organization, enabling users to easily leverage remote video to gain actionable business insights that will improve operations and deliver demonstrated 10-15% profitability improvements. The company created the Managed Video as a Service (MVaaS) model, which brings the Software as a Service (SaaS) approach to video. Envysion's highly scalable and easy to manage MVaaS platform reaches across departments to 1000s of users without straining the IT department or network. Through Envysion's Insight Marketplace, the innovative business solutions marketplace that leverages managed video, customers can select from a variety of approved partners who deliver specialized services. Today, Envysion's solutions are driving bottom line profitability improvements with leading restaurant, retail, cinema and convenience store operators throughout North America. For more information, visit www.envysion.com or call 877.258.9441.

SOURCE Envysion, Inc.



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