Verint Earns Top Honors for Situational Awareness Solution
Leading Industry Publications Recognize Verint’s Situation Management and Security Technology
MELVILLE, N.Y., June 18, 2015 — Verint® Systems Inc.(NASDAQ: VRNT) today announced that it has been honored with a platinum-level Government Security Award (Govie) for its Situational Awareness solution, an open, scalable software solution that integrates with a multitude of sensors to help increase situation management and security efficiency. The award, presented by industry trade publication Security Products, recognizes outstanding products that address security and operational challenges in the government market.
A panel of expert judges selected the solution based on its unique features, innovation, design, technical advances, interoperability, scalability, user friendliness, market opportunity and impact to the security industry.
In addition to the Security Products award, the Verint Situational Awareness solution was named a 2015 money-saving solution winner by BUILDINGS magazine. Winners of this distinction were selected from more than 160 submissions based on their ability to help streamline operations for facilities managers and building owners.
Verint’s solution unifies a wide range of sensors and systems into a centralized, intuitive security and situational awareness solution. As a centralized software solution, it can compile information from up to tens of thousands of sensors and systems, including communication systems, access control, panic alarms, intrusion detection, fire detection, building management systems, IP cameras, video analytics, existing investments and various external databases. It also can incorporate information on radar, weather, identity systems, traffic violations and information from mobile phone sensors. Additionally, its GIS-referenced visual database links sensors, maps and events to help users comply with standard operating procedures.
“The Verint Situational Awareness solution is a critical tool that helps law enforcement, public safety and intelligence agencies achieve higher levels of intelligence and proactive response, while driving collaboration between multiple agencies,” says Steve Weller, senior vice president and general manager, Verint Video and Situation Intelligence Solutions™. “These industry awards reinforce the value Verint delivers to its customer base, enabling users to reach new levels of situational awareness and actionable intelligence by streamlining the use of video and security data.”
About Verint Systems Inc.
Verint® is a global leader in Actionable Intelligence®, which has become a necessity in a dynamic world of massive information growth. By empowering organizations with crucial insights, Verint solutions enable decision makers to anticipate, respond and take action, and make more informed, effective and timely decisions. Our solutions are designed to address three important areas of the actionable intelligence market: customer engagement optimization; security intelligence; and fraud, risk and compliance. Verint’s vision is to create A Smarter World with Actionable Intelligence®, and today, more than 10,000 organizations in over 180 countries—including over 80 percent of the Fortune 100—already benefit from this vision. Learn more at www.verint.com and NASDAQ: VRNT.
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, uncertainties and assumptions, 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, 2015, our Quarterly Report on Form 10-Q for the quarter ended April 30, 2015, 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, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.
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