Envysion And Sony Announce Partnership

Envysion, Inc., recently announced a partnership with Sony Corporation to develop integrated solutions that combine Envysion's innovative Managed Video as a Service (MVaaS) platform with Sony's cutting-edge surveillance technologies and also to work together across a set of commercial and co-marketing initiatives.

Through this partnership, Envysion will leverage Sony's leading IP camera suite, hardware expertise and video analytics to augment the capabilities of its MVaaS solution, while also providing customers with an enhanced user experience and additional capabilities. The partnership will enable Sony to build a strong presence in the rapidly growing cloud-based video surveillance market.

"Customers are shifting how they view video surveillance from a single purpose security tool to a multi-purpose strategic management system capable of improving productivity across the organization," says Mark Collett, General Manager of Sony's Security Systems Division. "We see Envysion as a leading change agent for transforming the video surveillance market, and Sony's leading network video surveillance products are a natural fit for Envysion's best-in-class MVaaS solution."

Going forward, Sony and Envysion will work together to maximize their respective industry-leading technologies to develop integrated solutions that expand the already strong return on investment from MVaaS and accelerate results for customers. Sony and Envysion also expect to work with one another on a set of commercial initiatives and co-marketing efforts to accelerate adoption.

"As we see a greater push towards IP cameras, we are excited to be able to leverage Sony's suite of innovative IP cameras to complement our MVaaS service," says Matt Steinfort, president and CEO of Envysion. "In addition to allowing us to expand our product offerings and functionality, this partnership will accelerate each company's growth by capitalizing on each other's market presence, with Sony's strength in traditional security markets and Envysion's strength in the retail and restaurant segments."

About Envysion
Envysion puts the power of video into the hands of a multi-unit operator's entire organization, enabling users to easily leverage remote video to gain actionable business insights that will improve operations and deliver demonstrated 10-15% profitability improvements. The company created the Managed Video as a Service (MVaaS) model, which brings the Software as a Service (SaaS) approach to video. Envysion's highly scalable and easy to manage MVaaS platform reaches across departments to 1000s of users without straining the IT department or network. Through Envysion's Insight Marketplace, the innovative business solutions marketplace that leverages managed video, customers can select from a variety of approved partners who deliver specialized services. Today, Envysion's solutions are driving bottom line profitability improvements with leading restaurant, retail, hospitality and convenience store operators throughout North America.

About Sony
Sony Corporation is a leading manufacturer of audio, video, game, communications, key device and information technology products for the consumer and professional markets. With its music, pictures, computer entertainment and online businesses, Sony is uniquely positioned to be the leading electronics and entertainment company in the world. Sony recorded consolidated annual sales of approximately $87B for the fiscal year ended March 31, 2011.

SOURCE: Envysion Inc.