Award Highlights Value of Verint Situation Management Center Solution in Municipal, Government and Safe City Environments
MELVILLE, N.Y., June 2, 2014 — Verint® Systems Inc.(NASDAQ: VRNT) today announced that it received a platinum-level honor in “The Govies” Government Security Awards in the investigative video systems category for Verint SMC™ (Situation Management Center). Verint SMC is an open standards, open architecture solution that integrates a multitude of sensors to increase situation management and security efficiency. The award, presented by leading industry publication Security Products, recognizes outstanding solutions that address security challenges in the government market.
A panel of expert judges from the security industry selected the top entries in the 2014 categories and named winners based on the criteria of unique features, innovation, user friendliness, interoperability, design, market opportunity, impact to the security industry, technical advances and scalability.
The Verint SMC solution is designed to enhance industry-standard workflows and response associated with routine and emergency situations. Driven by Verint Fusion™—which combines and analyzes device relations, location data, integration, user management and data retention to drive functionality—the SMC solution unifies a wide range of sensors and systems into a centralized, intuitive security and situation intelligence platform. This enables organizations to manage systems with up to tens of thousands of sensors and systems, including communication platforms, access control, panic alarms, intrusion detection, fire, building management, IP cameras, video analytics and various external databases. The comprehensive software also can incorporate information on traffic violations, radar, weather, identity systems and information from mobile phone sensors. A GIS-referenced visual database links sensors, maps and events to help users comply with standard operating procedures.
“We are honored to have our technology recognized by Security Products magazine,” says Steve Weller, senior vice president and general manager, Verint Video and Situation Intelligence Solutions™. “In today’s fast-changing security environments, law enforcement, public safety and intelligence agencies require solutions that drive synergies between early warnings and real-time situations to achieve higher levels of intelligence and proactive response. Using Verint solutions, our government agency customers benefit from an open platform that enables them to leverage the vast amount of security data and Actionable Intelligence® that’s collected on a daily basis to mitigate risk, enhance safety and secure operations.”
About Verint Systems Inc. Verint® (NASDAQ: VRNT) is a global leader in Actionable Intelligence® solutions. Actionable Intelligence is a necessity in a dynamic world of massive information growth because it empowers organizations with crucial insights and enables decision makers to anticipate, respond and take action. Verint Actionable Intelligence solutions help organizations address three important challenges: customer engagement optimization; security intelligence; and fraud, risk and compliance. Today, more than 10,000 organizations in over 180 countries, including over 80 percent of the Fortune 100, use Verint solutions to improve enterprise performance and make the world a safer place. Learn more at www.verint.com.
This press release contains forward-looking statements, including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management's expectations that involve a number of risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2014 and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, the Company assumes no obligation to update or revise them or to provide reasons why actual results may differ.
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