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IronPlanet Chairman And CEO Gregory Owens Joins 3VR Board Of Directors

SAN FRANCISCO, Aug. 21, 2012 /PRNewswire/ -- 3VR, Inc., the video intelligence company, today announced that Gregory J. Owens, chairman and CEO of IronPlanet®, has joined 3VR's corporate board of directors.

Owens has led IronPlanet through significant domestic and international expansion.  Owens offers unique expertise as both a venture capitalist and corporate executive.  Previous to IronPlanet, Owens was managing director of RedZone Capital and was chairman and CEO of Manugisitics Group, Inc., a global enterprise software company.

"3VR brings a truly unique product to an industry that is in need of innovation," Owens said.  "Combining a seasoned leadership team with a defined product roadmap, 3VR is set to change the way businesses look at their video assets."

3VR is the video surveillance standard for hundreds of global customers, including leading banks, retailers, governments and law enforcement agencies and owns CrimeDex, an online community of more than 3,000 fraud, loss prevention and law enforcement professionals dedicated to stopping crime.

"Greg's significant leadership experience with global software companies will provide our team with a tremendous opportunity to leverage his guidance," said Al Shipp, CEO of 3VR.  "As 3VR's video intelligence offerings continue to evolve, we look forward to Greg being an active member of our board of directors."

About 3VR3VR, the video intelligence company, enables organizations to record, search, and manage video to better serve customers, bolster security, and to identify and mitigate fraud. 3VR's Video Intelligence Platform (VIP) allows video systems to reach their true potential and deliver a measurable return on investment.  3VR is the video surveillance standard for hundreds of global customers, including leading banks, retailers, governments and law enforcement agencies and owns CrimeDex, an online community of more than 3,000 fraud, loss prevention and law enforcement professionals dedicated to stopping crime. Based in San Francisco, CA, the company is privately held with funding from DAG Ventures, Focus Ventures, In-Q-Tel, Kleiner Perkins Caufield & Byers, Menlo Ventures and VantagePoint Ventures.  3VR is one of the fastest growing U.S.-based private companies, according to Inc. magazine.  In addition, the company has won numerous other accolades including a 2011 Security Products magazine product of the year award and 2011 Top 30 Technology Innovations award from Security Sales & Integration magazine. For more information, please visit www.3vr.com.

About IronPlanetIronPlanet® is a leading online marketplace for used heavy equipment. Our sellers achieve more profitable sales through low transaction costs and better price realizations through a global audience of buyers. Our guaranteed inspection reports and exclusive IronClad Assurance® enable buyers to bid with a high degree of confidence. IronPlanet is backed by Accel Partners, Kleiner Perkins Caufield and Byers, Caterpillar, Komatsu and Volvo.

SOURCE 3VR, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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