NEI Appliance Platform Chosen by TimeSight(TM) Systems to Address High-Growth Video Surveillance Market

NEI's platform hosts advanced video lifecycle management software that delivers high-quality surveillance and performance, while dramatically reducing video storage requirements CANTON, Mass. , Nov. 17 /PRNewswire-FirstCall/ -- NEI...


TimeSight Systems Inc. was formed in 2004 to address the requirement for innovative storage management in the video surveillance market. The company is staffed by industry executives with decades of systems, server, storage, software, networking, security, compliance and law enforcement experience to address the growing need for high resolution, IP based video surveillance systems. Applying proven principles and technologies from the demanding IT industry to the digital video surveillance market, TimeSight(TM) Systems has developed a platform to deliver today's required image clarity and retention times to support improved security and compliance at up to 90% less cost than existing technologies and approaches. The company's TimeSight(TM) architecture allows easy migration into the world of higher resolution cameras, video analytics, and IT convergence with minimal budget impact.

About NEI

NEI, the partner of choice for software developers, OEMs and service providers worldwide, is a leading developer of comprehensive platforms, appliances and support services deployed to reduce time to market, development time and total lifecycle costs. Founded in 1997, NEI is headquartered in Canton, Massachusetts and trades on the NASDAQ exchange under the symbol NENG. For more information about NEI's products and services, visit www.nei.com.

Safe Harbor for Forward-Looking Statements

All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements. Any projected increase in market size that may be referenced in this release is for information purposes only and is not a commitment to ship any volume of units.

For a more detailed discussion of these factors see the Company's most recent Annual Report on Form 10-K for the year ended September 30, 2007 and the most recent Form 10-Q for the quarter ended June 30, 2008 under the section "Risk Factors." The forward-looking statements included in this release are made only as of the date of this release and NEI undertakes no obligation to update the forward-looking statements to reflect subsequent events or circumstances.

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