Genetec President Pierre Racz Receives EY 2014 Québec Entrepreneur of the Year Award

Unified IP Access Control, Video Surveillance and License Plate Recognition Company Co-Founder Takes Award in the ‘Technology and Communications’ Category

Montreal, October 28, 2014 - Pierre Racz, president of Genetec™, a leading provider of unified IP security solutions, was named EY's 2014 Québec Entrepreneur of the Year in the Technology and Communications Category.

The EY Entrepreneur of the Year celebrates the contribution and spirit of entrepreneurs everywhere. The Canadian program is in its 21st year of honoring the country's most impressive entrepreneurs from all areas of business. Award finalists are chosen based on their vision, leadership, financial success and social responsibility. The Québec winners were announced at a gala on Thursday, 23rd October 2014 in Montréal.

Founded in 1997, Genetec has today become a recognized world leader in developing open-platform, IP-based security management solutions that are used to protect organizations across many industries including city-wide surveillance, transport, retail, education, government, parking enforcement, gaming and many more. The Company employs over 620 people worldwide with operations in 80 countries.

"17 years ago, analog security systems were most commonly used to protect and monitor physical spaces, and users had to accept their inherent limitations. But we had the intuition that the typical analog point-to-point architecture would be short-lived and set out to pioneer the first fully IP-based security system. Since then, we have extended our expertise in IP security to access control and license plate recognition (LPR). Our success can be attributed to the high level of flexibility and forward-thinking principles that we apply into the development of our solutions, and our corporate culture is an extension of these very same principles; encouraging a dynamic and innovative workforce that is dedicated to the development of cutting-edge solutions and to exceptional customer care. This award is a testament to the creativity, dedication and innovative spirit of our employees worldwide," said Pierre Racz, president, Genetec, Inc.

About Genetec

Genetec Inc. is an innovative technology company with a broad solutions portfolio that encompasses security, intelligence, and operations. The company's flagship product, Security Center, is an open-architecture platform that unifies IP-based video surveillance, access control, automatic license plate recognition (ALPR), communications, and analytics. Genetec also develops cloud-based solutions and services designed to improve security, and contribute new levels of operational intelligence for governments, enterprises, transport, and the communities in which we live. Founded in 1997, and headquartered in Montréal, Canada, Genetec serves its global customers via an extensive network of resellers, integrators, certified channel partners, and consultants in over 80 countries.

For more information about Genetec, visit: genetec.com

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