Aspectus Names Dieter Kondek CEO; Appoints Russell R. MacDonnell and Peter Gyenes to Board of Advisors.

NEW YORK -- Organizational Changes Support Corporate Growth and Soaring Enterprise Demand For Aspectus' Next-Generation Digital Agent VI Video Analytics Software

Aspectus Video Intelligence(R), Inc., the global leader in digital video analytics with the only proven enterprise grade solution in the industry, today announced the appointment of Dieter Kondek as President and Chief Executive Officer, effective immediately. The company also announced the addition of Russell R. MacDonnell and Peter Gyenes to the company's Board of Advisors; both executives have also invested in Aspectus. Kondek succeeds co-founder Gadi Talmon who was named Executive Vice President of Business Development and General Manager of Aspectus Video's R&D facility in Tel Aviv. Buddy Flerl and co-founder Zvika Ashani continue on the organization's leadership team as Executive Vice President of Sales and Marketing and Chief Technology Officer, respectively.

With over three years of successful field deployments, Aspectus Video Intelligence has quickly become the acknowledged market leader in the next generation of digital video analytics. Aspectus' enterprise grade pilot projects and field trials are successfully detecting user-defined events at borders, prisons, airports, railways/transit systems, financial institutions, water authorities, critical infrastructures, government facilities and highways throughout the world. Current named customers include: the U.S. Department of Energy, DHL, the Israeli Ministry of Justice, the Israel Prison Service and Israel Railways. Aspectus' Agent VI(TM) software has been specified by both the Houston Metro and Philadelphia's SEPTA mass transit systems.

"The addition of Dieter Kondek as President and CEO rounds out our leadership team to expand our presence and capabilities as a global company," stated David Anthony, Chairman of Aspectus' Board of Directors and Managing Partner of 21Ventures, the company's lead investor. "Gadi's (Business Development) and Zvika's (R&D) teams have done a great job in establishing Aspectus' unique strengths and differentiation, as well as initial market presence in Europe and Israel. Dieter's experience and track record in the US and globally will provide the leadership for our growth, as we seek to capitalize on the increasing demand for intelligent security solutions especially within North America."

Dieter Kondek brings over 30 years of high tech sales, marketing and operations experience to Aspectus Video Intelligence. As CEO, Kondek is responsible for the day-to-day operations as well as company's sales, product marketing and human resource functions. He joins Aspectus Video from DynaPel Systems, Inc., a leading developer of video surveillance soft- and hardware solutions, where he was served as President and CEO for four years. Under Kondek's leadership, DynaPel placed an IPO in January 2005 at the Oslo Stock Exchange (OSE). Prior to DynaPel, he held a number of executive positions at Dell Computer Corporation, MetaCreations Corporation, Linotype-Hell AG, Webfair AG, Computer 2000 AG and IBM Corporation.

"As the newest members of our Board of Advisors, Russ (MacDonnell) and Peter (Gyenes) will be invaluable in helping shape the future direction and growth of Aspectus as we enter the enterprise market," explained Anthony. "Both executives bring a wealth of sales, marketing and management success to Aspectus from the physical security, computer systems and software industries where they have been industry leaders for several decades. We'll be adding more advisors from the business, government and academic communities in the near future as we identify and engage leaders who share our vision of our Agent VI software becoming the industry standard for video analytics."

Russell R. MacDonnell is co-founder, Chairman and CEO of Rapid Response Monitoring. Founded in 1992, Rapid Response Monitoring provides wholesale security alarm monitoring services (fire, burglary, supervisory and medical signals, plus GPS tracking/monitoring) to more than 900 security system dealers. It monitors about 200,000 security systems for military, commercial, and residential customers throughout the U.S. from a central facility in New York state and is one of fewer than two dozen companies approved to monitor fire alarms in New York City. Rapid Response Monitoring is considered throughout the industry to be the technological leader in command and control monitoring systems.

MacDonnell also owns Intelli-Tec Security Services, LLC, in Westbury, New York. Intelli-Tec designs and installs custom electronic and video security systems for residential and corporate customers. Intelli-Tec is known for the quality of its customer service and its state-of-the-art technology and security designs.

Peter Gyenes has four decades of experience in technical, sales, marketing and general management positions within the software and computer systems industry. Most recently, Gyenes served as Chairman and Chief Executive Officer of Ascential (NASDAQ: ASCL), which was acquired by IBM in 2005. Prior to Ascential, he served as Chief Executive Officer of Informix Software where he led the sale of its database business to IBM and the transition from Informix to Ascential. Earlier, Gyenes was Chairman, President, and Chief Executive Officer of Ardent Software, which was acquired by Informix in 2000.

Before Ardent, Gyenes served as President and Chief Executive Officer of Racal InterLan Inc. Previously, he served in executive sales, marketing, and general management positions at Data General Corporation, Encore Computer Corporation and Prime Computer, Inc. Still earlier in his career, he held technical positions at Xerox Data Systems and at IBM.

Gyenes also serves on the boards of a number of public and privately held technology companies and the Massachusetts Technology Leadership Council. He is a graduate of Columbia University, where he received both his B.A. in mathematics and his M.B.A. degree.

About Aspectus

Aspectus Video Intelligence, Inc., is the global leader in digital video analytics with the only proven enterprise grade solution in digital and analog video intelligence and video content analysis technology. Founded in 2003, Aspectus is the world's first company to provide embedded and distributed artificial-intelligence video analytics software with the low bandwidth required by enterprise video surveillance networks to support extremely large numbers of distributed cameras at lowest industry cost. With headquarters in New York and R&D and regional sales offices located in Tel Aviv, Israel, the company has over 3 years of successful field deployment worldwide. For more information on Aspectus, visit: www.AspectusVI.com.

Aspectus Video Intelligence and Aspectus VI are trademarks of Aspectus Video Intelligence, Inc. All other names are trademarks of their respective owners.