Envysion Named Among the World's 50 Most Promising Startups by TiE Silicon Valley

LOUISVILLE, Colo., May 21, 2012 /PRNewswire/ -- Envysion®, Inc., (www.envysion.com) the leading Managed Video as a Service (MVaaS) provider, today announced it has been chosen as a winner of the TiE50 award. Envysion received the award in the Internet/Social Networking category and was chosen as one of the 50 most enterprising startups of 2012.

Envysion achieved the TiE50 recognition after a rigorous selection process from a pool of more than 2,000 startups. The TiE50 Winners are diverse in terms of size, stage of company, type of funding and location, but they share a common thread of innovation, ingenuity, strong management teams and quality of ideas. The winners represent the most promising startups of 2012.

"TiE50 celebrates entrepreneurship by rewarding the best companies in their field. We arrive at this list after a lengthy and involved process of selection and scoring done by various experts in their field who also happen to be TiE Charter members'' said Vish Mishra, President of TiE Silicon Valley. "We welcome the winners and finalists of this year's TiE50 to the TiE ecosystem and wish them lots of success."

Just as past winners have revolutionized their respective markets, Envysion is leading a transformation in the video surveillance industry. Envysion's innovative solutions bring the SaaS model to video surveillance enabling retail, restaurant, and convenience store operators to put video driven business intelligence into the hands of users across the enterprise to gain insight into what actually occurs at the store level. This visual context enables businesses to improve decision making and drive 10-15% improvements in profitability.

"Envysion is honored to be recognized as one of the most enterprising startups of 2012," said Matt Steinfort president and CEO of Envysion. "Envysion has achieved strong growth and momentum, and this recognition further validates our strategy as well as the increasing demand for our managed video as a service solution."

About TiE 50 (http://www.tie50.net/TiE50Awards/) : The 4th annual awards program to recognize the "Top 50 Emerging Companies," will be a prominent part of this year's TiEcon conference. Selected from thousands of nominations from all over the world, previous winners have gone on to achieve great success.

About Envysion
Envysion enables large, national retail, restaurant, cinema and convenience store operators to increase profitability 10-15% by putting easy-to-use, video-driven business intelligenceTM into the hands of the entire organization. Envysion created the Managed Video as a Service (MVaaS) model which transforms video surveillance into a strategic management tool that provides instant and unfiltered business insights to users across operations, loss prevention, marketing and human resources. The MVaaS model enables Envysion to accelerate innovation by rapidly responding to market opportunity and making new capabilities immediately available to all users. Envysion's platform quickly scales to 1000s of locations and 10,000s of users without straining the IT department or network. For more information, visit www.envysion.com or call 877.258.9441.

SOURCE Envysion, Inc.