Verint and Washington Metropolitan Area Transit Authority Win Security Technology Executive Magazine's 2012 "Security Innovation Award" Silver Medal
Honors Highlight Industry's Most Innovative Security Deployments
MELVILLE, N.Y.--(BUSINESS WIRE)-- Verint® Systems Inc. (NAS: VRNT) today announced that together with its customer The Washington Metropolitan Area Transit Authority (WMATA), the organizations have been selected as the silver medal recipient for the "2012 Security Innovation Award" from Security Technology Executive magazine.
Those nominated for the Eighth Annual Security Innovation Awards, which recognizethe mostinnovative useof technology andservices in the securityindustry, were selected by the media outlet and a panel of industry experts. Verint and the WMATA's case study submission showcased the authority's innovative approach to enhancing technology across its expansive transportation network. Leveraging Department of Homeland Security (DHS) funds that were awarded earlier this year, the authority began a phased approach to upgrading its security platform, including a system-wide deployment of Verint's Nextiva® Video Management Software™ (VMS).
Connecting the District of Columbia, the state of Maryland and the commonwealth of Virginia, The Washington Metropolitan Area Transit Authority serves as a tri-jurisdictional government agency. It provides rapid transit service under the Metrorail brand, fixed-route bus service under the Metrobus brand and paratransit service under the MetroAccess brand. Metrorail serves a population of 3.4 million within a 1,500-square mile jurisdiction with its 86 stations and more than 100 miles of track.
To help monitor its vast transportation network with dispersed operations, the authority uses Verint's Nextiva Video Management Software, which today helps WMATA rapidly detect, investigate and act on security-related issues and potential threats. The comprehensive VMS solution promotes more manageable and effective video operations with its automated system health monitoring and diagnostics, live and recorded video viewing, policy-based video distribution, efficient virtual matrix switching and versatile investigation management capabilities. Nextiva integrates its security functionality into a single, configurable user interface for optimal ease-of-use and operator efficiency.
"Verint is pleased to be a part of these distinguished honors, to showcase our technology partnership with The Washington Metropolitan Area Transit Authority and to be a part of its forward-thinking approach to security operations," says Steve Weller, senior vice president and general manager, Verint Video and Situation Intelligence Solutions™. "Receiving recognition from the industry for work we engage in with our customers is the ultimate honor."
To learn more about The Washington Metropolitan Area Transit Authority and Verint silver medal "Security Innovation Award," visit Security Technology Executive by clicking here.
About Security Innovations Award
The Security Innovation Awards' annual competition is held by Security Technology Executive magazine to recognize the best and brightest in innovative uses of security technology. The Security Innovation Awards are designed to give winning entries the exposure they deserve. It provides recognition for the three most important contributors to the project, the end-user, the integrator and the vendor.
About Verint Video and Situation Intelligence Solutions
Verint® Video and Situation Intelligence Solutions™ help protect people, property and assets, and enhance operational efficiency. The award-winning Nextiva® portfolio delivers a sophisticated framework for capturing enterprise-wide IP video and other security and operational information, and provides users with integrated analytics, situation management and operational management capabilities. Designed for use across the enterprise, finance, retail and critical infrastructure markets, Verint solutions help address the top security and operations challenges facing today's organizations through advanced security and business intelligence, vertical solutions and subject matter expertise.
About Verint Systems Inc.
Verint® (NAS: VRNT) is the global leader in Actionable Intelligence® solutions and value-added services. Its extensive portfolio of Enterprise Intelligence Solutions™ and Security Intelligence Solutions™ helps worldwide organizations capture and analyze complex, underused information sources - such as voice, video and unstructured text - to enable more timely, effective decisions. More than 10,000 organizations in 150 countries, including over 85 percent of the Fortune 100, use Verint solutions to improve enterprise performance and make the world a safer place. Headquartered in N.Y. and a member of the Russell 3000 Index, Verint has offices worldwide and an extensive global partner network. 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, 2012 and our Quarterly Report on Form 10-Q for the quarter ended October 31, 2012, 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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