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3VR Founder and CEO Stephen Russell Named to American Venture Magazine's "Top 40 Under 40 List".


Nominees Recognized for Ground-Breaking Efforts in Vision, Leadership, Development Strategies, Innovation and Achievement

SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  -- 3VR Security, Inc., www.3VR.com, the pioneer of Searchable Surveillance Systems[TM], today announced that Stephen Russell
:For the Taoist practitioner, see The Barefoot Doctor.|


Stephen Russell is a voice actor, most known for his voice acting in the Thief game series as the protagonist Garrett.
, 3VR CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and founder, has been named to American Venture Magazine's annual "Top 40 Under 40 List," which recognizes talented young leaders The Young Leaders' Programme is run alongside the main Explorer Scout Programme. It is a formalisation of what was happening in many Groups and Districts across the country where older Scouts were returning to help the younger sections.  who have the extraordinary ability to develop a new variety of business models with a vision for the future.

Stephen Russell, CEO of 3VR and number 8 on the list commented: "It's quite an honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft.  to be included in such an impressive group. I think it says a lot about what we've been able to accomplish at 3VR, and the particular brand of entrepreneurship we practice here. We took a big risk, and a healthy leap of faith, entering the world of physical security, but it turns out, that's exactly what the market needed."

3VR is the first company to deliver a Searchable Surveillance System, a platform that combines intelligent video recording with face recognition and other analytics as well as data and applications to make video surveillance highly effective for stopping crime and improving investigations. 3VR leads an important and growing market which is estimated to reach $7.2 billion by 2008. Under Russell's leadership, 3VR announced that it closed $15M in Series C Funding at a significant increase in valuation in Q4 of 2006. 3VR is funded by DAG Ventures, a fund that brings depth in cable TV, infrastructure, media and wireless industries; VantagePoint Venture Partners, one of the largest venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed
5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1]
 in the U.S; In-Q-Tel, a private strategic venture firm managed by U.S. intelligence community; and Kleiner Perkins, Caulfield & Buyers, one of the leading technology venture firms.

American Venture Magazine's Editor, Florencia Lazaroni states: "We considered hundreds of candidates, identifying the remarkable 40 finalists who exhibited the highest degree of professionalism professionalism

the upholding by individuals of the principles, laws, ethics and conventions of their profession.
 and vision, development strategy and achievement, and who are poised to make major moves in 2007. These young seasoned leaders, who have managed their way through changing business cycles, stimulating the emerging technology environment and putting together fantastic teams are definitely doing something right."

About 3VR Security, Inc.: 3VR Security, Inc. is the leading developer of Searchable Surveillance Systems. Pioneering a new standard in video security, 3VR systems combine traditional video recording with powerful facial facial /fa·cial/ (fa´shul) pertaining to or directed toward the face.

fa·cial
adj.
Relating to the face.


facial,
adj pertaining to the face.
 biometrics The biological identification of a person. Examples are face, iris and retinal patterns, hand geometry and voice. Increasingly built into laptop computers, fingerprint readers have become popular as a secure method for identification.  and analytics to dramatically improve physical surveillance. With 3VR, customers can instantly search video, pre-define alerts for specific people, objects, and activity and prevent crime. These advances deliver new ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot).  by intelligently using video to stop losses, speed investigations, and improve guard productivity. 3VR systems are simple to use and install and can scale up to thousands of cameras spanning across geographies.

3VR was recently named one of Always On 100 companies, Red Herring's Top 100 private technology companies, 2006 Security Product of the Year by Frost & Sullivan and Product of the Year from the Security Industry Association in both the 2005 and 2006.

About American Venture Magazine: American Venture Magazine is a quarterly business publication serving entrepreneurs and leaders of emerging growth companies. Its goal is to provide members of the venture capital world with a wide range of innovative tools and resources: business techniques, insight from successful entrepreneurs and investors and the knowledge of top professionals.

For more information on the coverage, please visit the 40 under 40 microsite. http://americanventuremagazine.com/top40under40/
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 11, 2007
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