Expansion of Successful Networked Video Deployment Will Help to Further Reduce Crime and Enhance the Safety of Residents and Visitors
MELVILLE, N.Y., April 22, 2008 – Verint Systems Inc., a leading provider of analytic software-based solutions for workforce-enterprise optimization and security, today announced that the city of Rio de Janeiro has expanded its deployment of Verint’s Nextiva™ Critical Infrastructure solution to improve its city-wide surveillance system. The expanded deployment will help to further reduce crime rates and positively impact the city’s tourism industry and overall economic growth.
Rio de Janeiro is the second largest city in Brazil with a population of over 11 million. With proximity to miles of beaches and mountains, Rio de Janeiro is a top destination for world travelers, and tourism is extremely important to the local economy. To combat escalating crime rates, the city initially deployed Verint’s Nextiva networked video solution in certain public spaces throughout the city. The success of the initial implementation, which contributed to the reduction of crime rates by over 50% in the high-traffic area of Copacabana Beach, prompted the city to expand the deployment city-wide. “We are committed to providing a safe city atmosphere for the residents and visitors of Rio de Janeiro, and through our expanded deployment of Verint’s Nextiva solution, we will continue to decrease crime rates to allow our economy to thrive,” said Edval de Oliveria Novaes, Under Secretary of Intelligence for the city of Rio de Janeiro. “We’ve already seen dramatic, positive results from the initial deployment, and this expansion will build on that success.”
The expanded deployment extends Rio’s city-wide surveillance system to new neighborhoods and connects this system to 26 military police battalion locations. Nextiva transmits video data over multiple license-free wireless bands, making video readily available on the city’s IP network. Nextiva enables police and other security personnel to centrally monitor video from cameras in city centers, open spaces, high traffic areas and other sensitive facilities to optimize law enforcement resources and enhance the safety of visitors and residents.
“We are extremely pleased to grow our relationship with a major global city like Rio de Janeiro,” said Jim Clark, senior vice president and general manager of Verint Video Intelligence Solutions. “Our Nextiva Critical Infrastructure solution is well-equipped to help secure complex and geographically diverse municipal environments, and provides the actionable intelligence that law enforcement personnel require for proactive threat prevention.”
About Verint
Video Intelligence Solutions Verint Video Intelligence Solutions is the leading global provider of networked video solutions that enhance the security of people, property and assets. Verint’s award-winning Nextiva portfolio includes video management software, integrated analytics, encoders and IP cameras and intelligent DVRs for use in a variety of vertical market environments. Open, standards based and IT friendly, Verint solutions enable organizations to leverage their existing video investments and place IP video within the reach of virtually every organization.
About Verint Systems Inc.
Verint Systems Inc. (VRNT.PK), headquartered in Melville, New York, is a leading provider of actionable intelligence solutions for an optimized enterprise and a safer world. Today, more than 10,000 organizations in over 150 countries rely on Verint solutions to perform more effectively, build competitive advantage and enhance the security of people, facilities and infrastructure. Visit us at our website www.verint.com. VERINT, the VERINT logo, ACTIONABLE INTELLIGENCE, POWERING ACTIONABLE INTELLIGENCE, STAR-GATE, RELIANT, VANTAGE, X-TRACT, NEXTIVA, ULTRA, AUDIOLOG, WITNESS, the WITNESS logo, IMPACT 360, the IMPACT 360 logo, IMPROVE EVERYTHING, EQUALITY, CONTACTSTORE, EYRETEL, BLUE PUMPKIN SOFTWARE, BLUE PUMPKIN, the BLUE PUMPKIN logo, EXAMETRIC and the EXAMETRIC logo, CLICK2STAFF,STAFFSMART, AMAE SOFTWARE and the AMAE logo are trademarks and registered trademarks of Verint Systems Inc. Other trademarks mentioned are the property of their respective owners. This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, 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 the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on September 10, 2007, as supplemented by our Current Reports on Form 8-K filed on November 5, 2007, January 16, 2008, and April 9, 2008. 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.
