Verint® Systems, Inc. today announced that its Nextiva® IP Video portfolio is continuing to earn wide industry recognition for innovation and value.
Frost & Sullivan "Customer Value Enhancement Award"
In August, Frost & Sullivan presented Verint with a 2011 Customer Value Enhancement Award, citing Verint's ongoing commitment to deliver innovative solutions for optimizing its customers' security investments. According to Frost & Sullivan industry analyst Dilip Sarangan,"The company continues to deliver new functionality that allows companies to not only secure people and property, but to use security video to develop strategies for generating revenue, increasing customer satisfaction and loyalty, optimizing the workforce, and operating more effectively." The Frost & Sullivan award specifically recognized Verint's video analytics solutions—including Nextiva Retail Traffic Analytics™, Nextiva Queue Management™ and Nextiva People Counting™—for helping organizations align their operations with their customers' wants and needs.
Golden Bridge Award for "Innovations in Information Technology"
Also in August, Verint received a 2011 Golden Bridge Award for "Innovations in Information Technology" in the integrated security software category. The award was presented to Verint for Nextiva PSIM™—a physical security information management platform that helps command, control and communications centers increase situational awareness, accelerate response, implement consistent, policy-driven security procedures, and improve operational efficiency. More than 40 judges from around the world participated in selecting winners of this year's Golden Bridge Awards, which are presented annually to companies in a wide range of industries for excellence in various disciplines.
HC360 "Top 10 Foreign Security Brand in China"
In June 2011, Verint was named a "Top 10 Foreign Security Brand in China" by HC360 Security Networks, a B2B ecommerce service provider specializing in physical security solutions for China-based operations. HC360 Security Networks accorded Verint this designation in recognition of the company's brand strength and technology excellence in China's highly competitive physical security market.
Security Products Magazine "Govies Government Security" Award
In April 2011, Security Products Magazine presented Verint with its "Govies Government Security" platinum award in the video management systems category. Designed to recognize security vendors with outstanding solutions for government organizations, the award cited the breadth, effectiveness and functionality of Nextiva PSIM. Specifically designed for government and geographically dispersed operations, Nextiva PSIM leverages information from disparate sensors and systems ranging from access control, intrusion, CCTV, radar, border control, and HVAC systems to GIS, various communication systems, and multiple public and private organizational databases. This tool helps address organizational compliance, enhance operations and optimize security investments.
Info Security Products Guide "Tomorrow's Technology Today"
In March 2011, Verint was the recipient of a "Tomorrow's Technology Today" award from Info Security Products Guide in recognition of Nextiva Retail Traffic Analytics, which delivers information on key indicators critical to retail store success. Designed to help retailers better understand shopper patterns and behaviors in order to optimize store layouts, improve merchandising, enhance staffing efficiencies and heighten in-store customer experiences, the solution enables organizations to further maximize their video security investments, transforming loss prevention and security solutions into impactful marketing and merchandising resources. The award recognizes security vendors with advanced, ground-breaking technologies and solutions that set the bar for innovation in all areas of information security.
Verint and its Nextiva IP video portfolio offer a single source for virtually every facet of video surveillance operations. Nextiva provides the capabilities to enhance situational awareness and emergency management in enterprise and critical infrastructure, fraud detection and investigation in finance and banking, and loss prevention and shrinkage in retail environments, as well as enhance sales, customer satisfaction and operational efficiency. Ranging from video management, physical security information management, and video analytics software to intelligent network video recorders, IP cameras, wired and wireless encoders, and servers and storage, Nextiva IP video solutions allow customers to optimize their investments by leveraging their legacy video infrastructure and scale their security systems with the growth of their organizations.
According to Debjit Das, Verint Video Intelligence Solutions™ vice president of global marketing,"Ongoing industry recognition of the Nextiva IP video portfolio alongside our customer successes is a testament to the Verint team's passion to provide innovative solutions and world-class service and support to our customers worldwide. We continue to evolve our offerings for our customers to realize enhanced value from their investments in Verint video intelligence solutions."
About Verint Video Intelligence Solutions
Verint® Video Intelligence Solutions™ is the leading global provider of networked video solutions designed to enhance the security of people, property and assets. Its award-winning Nextiva® portfolio features IP video and physical security information management software, integrated analytics, encoders, cameras, wireless devices and intelligent NVRs for use across a variety of vertical market environments. Open, standards-based and IT friendly, Verint solutions help organizations realize the benefits of IP video leveraging their legacy video investments.
About Verint Systems, Inc.
Verint® Systems, Inc. (verint.com) is a global leader in Actionable Intelligence® solutions and value-added services. Our solutions enable organizations of all sizes to make timely and effective decisions to improve enterprise performance and make the world a safer place. More than 10,000 organizations in over 150 countries-including over 85 percent of the Fortune 100-use Verint solutions to capture, distill, and analyze complex and underused information sources, such as voice, video and unstructured text. Headquartered in Melville, New York, we support our customers around the globe directly and with an extensive network of selling and support partners. Verint is listed on the NASDAQ Stock Market under the symbol "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 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 year ended January 31, 2011 and our Quarterly Report on Form 10-Q for the quarter ended July 31, 2011. 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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