Wireless Provider Leverages Verint Solutions to Help Streamline Operations, Reduce Loss and Ensure Compliance
Organization Uses Verint Retail Security Solutions Across Thousands of Sites in the United States
MELVILLE, N.Y., June 15, 2016 — Verint® Systems Inc. (Nasdaq: VRNT) today announced that one of the largest wireless network operators in the United States is using its solutions to provide robust security management and business intelligence capabilities across the organization’s network of retail stores and distribution sites.
The wireless provider deployed Verint EdgeVR™ and Verint EdgeVMS™ along with Oncam 360-degree video surveillance cameras and Dell servers—to support its multisite functionality. The initial phase, which began in October 2015 working with systems integration partner Tyco Integrated Security, included the implementation of Verint video intelligence solutions in more than 300 retail and kiosk locations. Over the next three years, the wireless provider will implement these solutions across its entire retail network.
When the rollout is complete, thousands of sites will be equipped with Verint technology to help ensure safe environments for employees and customers, and to support risk management, loss prevention and compliance requirements. The organization also plans to leverage Verint video intelligence solutions in all new retail and corporate locations going forward to further streamline security processes and systems.
"Verint is focused on delivering actionable intelligence solutions to help leading organizations enhance security, prevent loss and adhere to compliance requirements," says Steve Weller, senior vice president and general manager, Verint Video and Situation Intelligence Solutions™. "Implementing our solutions across distributed enterprises allows businesses to leverage a standardized approach to help ensure they meet objectives and maximize return on their security investments."
About Tyco Integrated Security
A business unit of Tyco International Ltd., Tyco Integrated Security is North America’s leading commercial security systems integrator, providing business security services to more than 500,000 customers. Headquartered in Boca Raton, Fla., Tyco Integrated Security has more than 7,500 employees in 200 locations in business communities throughout North America. For more information, visit www.TycoIS.com.
About Verint Systems Inc.
Verint® (Nasdaq: VRNT) is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization, security intelligence, and fraud, risk and compliance. Today, more than 10,000 organizations in 180 countries&emdash;including over 80 percent of the Fortune 100—count on intelligence from Verint solutions to make more informed, effective and timely decisions. Learn more about how we’re creating A Smarter World with Actionable Intelligence® 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, 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, 2016, our Quarterly Report on Form 10-Q for the quarter ended April 30, 2016, 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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