VIDSYS NAMES CHUCK TEUBNER AS NEW CEO AND MAKES STRATEGIC ADDITIONS TO LEADERSHIP TEAM  

Industry Veterans Betsy Atkins and Michael Helfrich to also Help Drive the Company’s Focuson the Convergence of Physical Security and IT

ALEXANDRIA, VA and MARLBOROUGH, MA ─ September 14, 2006 ─ VidSys, the leading operations center software company for safety, security and transportation organizations, today announced the appointment of a new CEO , Chuck Teubner.   The company also announced the appointment of Betsy Atkins to its Board of Directors. In addition, Michael Helfrich , an entrepreneur in residence with IDG Ventures, will serve as vice president of Corporate Development for VidSys.

“We are very excited to bring world-class executives into the company,” said Michael Greeley, general partner, IDG Ventures.  “With the addition of Chuck, Michael and Betsy, the company is well-positioned to execute on a meaningful market opportunity and continue its rapid growth.”

With more than 30 years of experience in the technology industry, Teubner will oversee all company operations as it capitalizes on the converging markets of physical security and information technology.  Teubner brings significant experience in the security and government market sectors to VidSys, and will leverage that experience to take VidSys a step further into this rapidly developing market.  Teubner replaces Michael Mancuso, who served as president and CEO for VidSys where he successfully brought VidSys to market, raised initial funding, and established the operational team.  Mancuso will remain on VidSys’ Board of Directors.

 “My experience in the security and government markets has enabled me to see first-hand the rising demand for technology that addresses the convergence of IT and physical security,” said Teubner.  “I look forward to executing the VidSys vision of a single console or dashboard for managing IT and physical security.  By being first–to-market in this converged space, VidSys is well-positioned to meet the growing demand.”

Prior to joining VidSys, Teubner was chairman and CEO of Vienna, VA-based e-Security, where he guided the company through its sale to Novell.  In less than two years, Teubner and his team moved the company’s premier software to technology leader in the Gartner Magic Quadrant for the SEM space; and completed major contracts with leading healthcare organizations, major defense companies, and large technology companies.

Previously, Teubner was president and COO of Boston-based Groove Networks, which was sold to Microsoft.  In addition, Teubner served as the COO of Annapolis, MD-based USinternetworking, the first ASP that achieved a $4 billion market cap at the height of the technology bubble in 2000, and as senior vice president of North American sales for Sybase driving revenues to $550 million in 1995. 

Betsy Atkins Joins Board

With the addition of Betsy Atkins to the Board of Directors, VidSys brings her proven expertise to the company’s advance into the convergence market.  Since 1994, Atkins has been the chief executive officer of Baja Ventures, an independent venture capital firm focused on the technology and life sciences industry. From 1991 to 1993, she served as chairman and chief executive officer of NCI , Inc., a functional food/nutraceutical company.  Prior to Baja Ventures, Atkins was a co-founder of Ascend Communications, Inc.  and a member of its Board of Directors, and served as its worldwide sales, marketing and international executive vice president prior to its acquisition by Lucent Technologies in 1999.  Atkins serves on the Board of RAI, Polycom, Inc. and SunPower Corporation, as well as a number of private companies. She also was a Presidential- appointee to the Pension Benefit Guaranty Corporation advisory committee and is a Governor-appointed member of the Florida International University Board of Trustees.

“I look forward to this significant opportunity to offer my expertise as VidSys further strengthens its market position,” said Atkins.  “The deluge of data and new technologies continues to increase for operations centers, and VidSys offers one of the premier technologies in the space that can both manage massive amounts of information and tie together all of these disparate technologies.”

Michael Helfrich Named VP of Corporate Development

In addition to his duties as VP of Corporate Development, Helfrich brings his thought-leadership in IT and physical security convergence to the role of evangelizing the company’s position around this space.  Most recently he founded Blueforce Development Corporation, a company that builds mobile, last-mile, information sharing software for the National Security market segments. 

Prior to Blueforce, Helfrich worked alongside Teubner at Groove Networks, where he served as vice president of Product Strategy and Applied Technology, responsible for product management and product marketing, and worked with the company’s strategic customers in their application of Groove products and other emerging technologies. In this capacity, he served in Baghdad , Iraq in the fall of 2003 as a special advisor on inter-agency collaboration and information sharing for the Coalition Provisional Authority (CPA) led by AMB Paul Bremer.  Prior to Groove, Helfrich served as director of product development in Lotus Development Corporation's Knowledge Management Products Group and began his time there as lead architect for the Lotus Notes Public Networks implementation business. He developed the technical and business blueprint that enabled 11 of the world's largest telecommunications companies to bring massively scalable hosted Lotus Notes and Domino infrastructures to enterprise markets in France, the United Kingdom, Italy, Malaysia, Singapore, Hong Kong, Germany, Australia and the United States.

About VidSys

For safety, security and transportation organizations, VidSys is the only operations center software company that provides truly integrated situational awareness.  Through its open, hybrid architecture that uses data from any video source, as well as any detection, monitoring or control system, the VidSys platform lets public safety and security personnel focus exclusively on awareness, assessment and action.  Founded in 2005, the company’s solutions are deployed in transportation, federal government, enterprise and state and local government organizations, including some of the largest state and city command and control centers in the U.S.  Privately funded by IDG Ventures, the company has offices in Marlborough , Mass. and Alexandria , Va.

Media contact:

Lorena Magali

703.642.9513

magalil@vidsys.com

 

Bryce Puntenney
617.758.4176
vidsys@famapr.com