TimeSight Systems™ Strengthens Management Team with Addition of New Chief Financial Officer

Technology industry veteran adds strength in leadership, operational excellence and corporate finance

Mt. Laurel, NJ, April 28, 2009 — TimeSight Systems™, the industry leader in Video Lifecycle Management (VLM), today announced that Geoff Lapres has joined the company as Chief Financial Officer, effective immediately. A senior executive with more than 15 years technology industry experience in finance, operations and business strategy, Lapres will oversee TimeSight Systems’ financial management and administrative business processes.

“Geoff brings a wealth of talent both in finance and in business leadership,” said Charles Foley, Chairman and CEO, TimeSight Systems. “We are confident his broad expertise will contribute to our company’s continued growth.”

As CFO, Lapres expands an existing management team of seasoned veterans known for its focus on producing innovative technology and delivering world-class results. He will lead the worldwide finance organization and will have responsibility for accounting and reporting, strategic planning, financial analysis, tax and audit.

Lapres joins TimeSight Systems from Textronics, a manufacturer of high-technology textiles, which was recently acquired by Adidas. Prior to his time at Adidas, Lapres was CFO at Tacit Networks, where he helped grow the company to a leadership position which led to the company’s successful acquisition by Packeteer, Inc. In addition, Lapres served as vice president of Finance at INRANGE Technologies, where he was instrumental in taking the company through a very successful Initial Public Offering in 2000.

“The tremendous level of optimism, energy and passion for excellence at TimeSight was a major factor in my decision to take on this opportunity,” said Lapres. “Given TimeSight’s track record of innovation, outstanding people and proven ability to create value, the opportunities that lie ahead are nearly limitless.”

About TimeSight Systems

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 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 percent less cost than existing technologies and approaches. The company's TimeSight VLM and MORe® architecture allow easy migration into the world of higher resolution cameras, video analytics, and IT convergence with minimal budget impact.