NICE Awarded Ten Year Contract Valued Up to $137 Million to Modernize Federal Aviation Authority’s Incident Debriefing Solu...
August 14 2019 - 6:30AM
Business Wire
NICE’s advanced solutions will provide FAA with
capabilities that enable faster incident response and provide
greater visibility into incident data helping improve
transportation safety
Every day the FAA’s Air Traffic Organization provides service to
more than 44,000 flights and 2.7 million airline passengers across
more than 29 million square miles of airspace. To support its
mission critical debriefing, incident handling and continuous
improvement NICE (Nasdaq: NICE) today announced that the
Federal Aviation Administration (FAA) has chosen NICE to support
the rapidly evolving air traffic control requirements, awarding it
a ten year contract with a potential value of up to $137
million.
“Millions of flyers rely upon the FAA daily to ensure their
safety,” said Chris Wooten, Executive Vice President, NICE. “In
mission critical times of need, the FAA needs to be best positioned
to act fast and respond smartly. We at NICE recognize the need of
this important work and are ready to support the FAA as it improves
incident related debriefing and investigations. We look forward to
continuing our years of service in supporting the FAA.”
For more information about NICE’s Air Traffic Control (ATC)
solutions, please visit:
www.nice.com/protecting/public-safety/air-traffic-control.
About the FAA The Federal Aviation Administration (FAA)
regulates and oversees all aspects of civil aviation in the United
States. An agency of the United States Department of
Transportation, the FAA is the element of the U.S. Government with
primary responsibility for the safety of General Aviation (GA). The
FAA was originally designated as the Federal Aviation Agency when
established by the Federal Aviation Act of 1958. The present name
was adopted in 1967 when the FAA became a component of the
Department of Transportation. For more information, visit
http://www.faa.gov/.
About NICE NICE (Nasdaq: NICE) is the world’s leading
provider of both cloud and on-premises enterprise software
solutions that empower organizations to make smarter decisions
based on advanced analytics of structured and unstructured data.
NICE helps organizations of all sizes deliver better customer
service, ensure compliance, combat fraud and safeguard citizens.
Over 25,000 organizations in more than 150 countries, including
over 85 of the Fortune 100 companies, are using NICE solutions.
www.nice.com.
Forward-Looking Statements This press release contains
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements, including the statements by Mr. Wooten are based on the
current beliefs, expectations and assumptions of the management of
NICE Ltd. (the Company). In some cases, such forward-looking
statements can be identified by terms such as believe, expect, may,
will, intend, project, plan, estimate or similar words.
Forward-looking statements are subject to a number of risks and
uncertainties that could cause the actual results or performance of
the Company to differ materially from those described herein,
including but not limited to the impact of the global economic
environment on the Company’s customer base (particularly financial
services firms) potentially impacting our business and financial
condition; competition; changes in technology and market
requirements; decline in demand for the Company's products;
inability to timely develop and introduce new technologies,
products and applications; difficulties or delays in absorbing and
integrating acquired operations, products, technologies and
personnel; loss of market share; an inability to maintain certain
marketing and distribution arrangements; and the effect of newly
enacted or modified laws, regulation or standards on the Company
and our products. For a more detailed description of the risk
factors and uncertainties affecting the company, refer to the
Company's reports filed from time to time with the Securities and
Exchange Commission, including the Company’s Annual Report on Form
20-F. The forward-looking statements contained in this press
release are made as of the date of this press release, and the
Company undertakes no obligation to update or revise them, except
as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20190814005291/en/
Corporate Media Contact Christopher Irwin-Dudek,
201-561-4442, chris.irwin-dudek@nice.com
Investors Marty Cohen, +1 551 256 5354, ET
ir@nice.com
Yisca Erez +972 9 775 3798, CET ir@nice.com
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