OzVision Appoints Joe Grillo to Board of Directors

WOBURN, Mass. - OzVision, the leading developer of remote video compression technology for the security, cellular telecommunications and data communications industries, today announced it has appointed Joe Grillo to its board of directors. Grillo is currently executive vice president, ASSA ABLOY and president and CEO of its Global Technologies Division.

"Joe will add proven security and vertical market experience to our board. We look forward to benefiting from his track record for establishing technology leadership and growing global brands," said Ed Mallen, CEO, OzVision. "Joe joins our board at an important time as we integrate new technology advancements to meet increasing demand for innovative video monitoring solutions for business and residential environments."

Based in Stockholm, Sweden, ASSA ABLOY is the world's leading manufacturer and supplier of locking solutions. The company's Global Technologies Division (GTD) is comprised of three organizations: Hospitality, Automatic Doors and the Identification Technology Group (ITG). As president and CEO of GTD, Joe is responsible for the formulation of GTD's global strategies in the hospitality, radio frequency identification (RFID), smart card and automatic door markets.

"Joining OzVision's board is an exciting opportunity for me to play an advisory role in a company that has tremendous leadership and vision for the future of video security technology," said Grillo. "With its solid partnerships and customer base, OzVision is poised to take advantage of significant global growth opportunities as users continue to expect more value from their alarm systems."

Previously, Joe held several senior sales and marketing positions with HID Corporation, the premier manufacturer of contactless access control cards and readers for the security industry. While serving as chief operating officer (COO), HID was acquired by ASSA ABLOY and Joe was promoted to president and CEO. He was then appointed president and CEO of ASSA ABLOY's Identification Technology Group when the group was formed in January 2002. Joe has also served as president of the Security Industry Association (SIA) and is a member in ASIS International.

Established in 1995, OzVision develops and markets cost-effective remote video compression technology for the security, cellular telecommunications and data communications industries. OzVision's remote video compression technology enables the transmission and control of quality streaming video images over broadband, satellite, as well as low-bandwidth environments, including standard phone lines and cellular networks. This advanced technology provides a new level of security through a wide range of video services, including video verification, guard tours, inventory management, nanny watch and more. For more information, visit http://www.ozvision.com.

[Business Wire -- 02/01/06]