Envysion Wins Red Herring Top 100 Global Award

LOUISVILLE, Colo., Jan. 9, 2012 /PRNewswire/ -- Envysion®, Inc., (www.envysion.com) the leading Managed Video as a Service (MVaaS) provider, today announced that it has been selected as the winner of the Red Herring Global 100 award in recognition of the leading private companies from North America, Europe and Asia. The Red Herring's Global 100 list has become a mark of distinction for identifying the world's most promising companies and entrepreneurs. The Red Herring was among the first to recognize that companies such as Google, Skype, Baidu, Salesforce.com, YouTube, eBay and many others would change the way we live and work. 

Just as past winners have gone on to revolutionize their respective markets, Envysion is leading a radical shift in the video surveillance industry. Envysion's MVaaS solution transforms video surveillance into a strategic video-driven business intelligence™ tool, giving retail, restaurant, cinema and convenience store companies better insight into what actually occurs at the store level. This unfiltered visual context enables businesses to improve decision making and drive 10-15% improvements in profitability. 

"Choosing the best out of the previous two years was by no means a small feat," said Alex Vieux, chairman of Red Herring. "After rigorous contemplation and discussion, we narrowed down our list from 1,100 potential companies to 100 winners.  It was an extremely difficult process.  Envysion should be extremely proud of its achievement; the competition for the Top 100 was fierce. The Top 100 Global are truly the best of the best."

Red Herring evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the "buzz" and make the list an invaluable instrument of discovery and advocacy for the greatest business opportunities from around the world.

"Envysion is honored to be selected as a winner of the Red Herring Top 100 Global award," says Matt Steinfort, president and CEO of Envysion. "This distinction demonstrates the tremendous global growth potential for MVaaS solutions and recognizes Envysion's leading position and ability to drive tremendous customer impact through powerful video-driven business intelligence."

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 intelligence™ 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