Foothill Transit Selects Verint Nextiva Transit Networked Video Solution to Enhance Security of Mass Transit System
September 25 2006 - 8:00AM
Business Wire
Verint Systems Inc. (NASDAQ:VRNT), a leading provider of analytic
software-based solutions for security and business intelligence,
today announced that Los Angeles County�s Foothill Transit has
selected its Nextiva� Transit networked video solution to enhance
security and improve operations on its municipal bus fleet.
Foothill Transit is the second largest public transit provider in
Southern California, spanning 327 square miles of fixed-route
local, express and rail-feeder lines. In support of Foothill
Transit�s ongoing security enhancement initiatives, Verint�s
Nextiva Transit will help ensure a secure environment for staff and
more than 15 million riders each year. Additionally, Nextiva
Transit will enable Foothill Transit to deter vandalism and theft,
accelerate emergency response, and provide video evidence of
significant events. �As an innovative public transportation
provider for the county of Los Angeles, Foothill Transit maintains
the highest safety standards for our passengers and employees,�
said Wilfred Briesemeister, President of the Executive Board of
Foothill Transit. �Verint�s Nextiva solution will help us improve
situation awareness and take immediate and informed action in the
event of an emergency situation.� In the event of an emergency,
Nextiva Transit will enable Foothill Transit to network onboard
video from the bus fleet and transfer this video via broadband
wireless networks to their central monitoring station. Nextiva will
also enable Foothill Transit to automatically upload video when a
bus returns to the depot. The solution will be deployed by Verint
partner, Orbital Transportation Management Systems, located in
Columbia, Maryland. �We are pleased to help Foothill Transit
enhance security of the public transportation system in Los Angeles
County,� said Dan Bodner, President and CEO of Verint Systems Inc.
�We have significant experience working with transportation
providers and are committed to delivering innovative networked
video solutions to enhance security for the transportation
industry.� Nextiva Transit is part of the Nextiva portfolio of
networked video solutions. Nextiva enables organizations of all
sizes, from small and mid-sized enterprises to major government and
commercial organizations, to enhance the security of their
facilities and infrastructure and the performance of their business
operations by networking video across multiple locations and
applying advanced content analytics to extract actionable
intelligence from live and stored video. By alerting security
personnel to potential security threats, Nextiva helps
organizations prevent security breaches, improve response time and
enhance operational efficiency. About Verint Systems Inc. Verint�
Systems Inc., headquartered in Melville, New York, is a leading
provider of analytic software-based solutions for security and
business intelligence. Verint software, which is used by over 1,000
organizations in over 50 countries worldwide, generates actionable
intelligence through the collection, retention and analysis of
voice, fax, video, email, Internet and data transmissions from
multiple communications networks. Visit us at our website
www.verint.com. Note: This release contains "forward-looking
statements" under the Private Securities Litigation Reform Act of
1995. There can be no assurances that forward-looking statements
will be achieved, and actual results could differ materially from
forecasts and estimates. Important risks, uncertainties and other
important factors that could cause actual results to differ
materially include, among others: potential impact on Verint's
financial results as a result of Comverse's creation of a special
committee of the Board of Directors of Comverse to review matters
relating to grants of Comverse stock options, including but not
limited to, the accuracy of the stated dates of Comverse option
grants and whether Comverse followed all of its proper corporate
procedures and the results of the Comverse special committee's
review; the effect of Verint's failure to timely file all required
reports under the Securities Exchange Act of 1934, and the
resultant potential delisting of Verint's common stock on NASDAQ;
the impact of governmental inquiries arising out of or related to
option grants; introducing quality products on a timely basis that
satisfy customer requirements and achieve market acceptance;
lengthy and variable sales cycles create difficulty in forecasting
the timing of revenue; integrating the business and personnel of
Mercom and CM Insight and Verint's other acquisitions, including
implementation of adequate internal controls; risks associated with
significant foreign operations, including fluctuations in foreign
currency exchange rates; aggressive competition in all of Verint's
markets, which creates pricing pressure; managing our expansion in
the Asia Pacific region; risks that Verint's intellectual property
rights may not be adequate to protect its business or that others
may claim that Verint infringes upon their intellectual property
rights; risks associated with Verint's ability to retain existing
personnel and recruit and retain qualified personnel in all
geographies in which Verint operates; decline in information
technology spending; changes in the demand for Verint's products;
challenges in increasing gross margins; risks associated with
changes in the competitive or regulatory environment in which
Verint operates; dependence on government contracts; expected
increase in Verint's effective tax rate; perception that Verint
improperly handles sensitive or confidential information; inability
to maintain relationships with value added resellers and systems
integrators; difficulty of improving Verint's infrastructure in
order to be able to continue to grow; risks associated with
Comverse Technology, Inc. controlling Verint's business and
affairs; and other risks described in filings with the Securities
and Exchange Commission. All documents are available through the
SEC's Electronic Data Gathering Analysis and Retrieval system
(EDGAR) at www.sec.gov or from Verint's website at www.verint.com.
Verint makes no commitment to revise or update any forward-looking
statements except as otherwise required by law. Verint, the Verint
word mark, Actionable Intelligence, Powering Actionable
Intelligence, STAR-GATE, RELIANT, NEXTIVA, LORONIX, SmartSight,
Lanex and ULTRA are trademarks of Verint Systems Inc. Other names
may be trademarks of their respective owner. Verint Systems Inc.
(NASDAQ:VRNT), a leading provider of analytic software-based
solutions for security and business intelligence, today announced
that Los Angeles County's Foothill Transit has selected its
Nextiva(TM) Transit networked video solution to enhance security
and improve operations on its municipal bus fleet. Foothill Transit
is the second largest public transit provider in Southern
California, spanning 327 square miles of fixed-route local, express
and rail-feeder lines. In support of Foothill Transit's ongoing
security enhancement initiatives, Verint's Nextiva Transit will
help ensure a secure environment for staff and more than 15 million
riders each year. Additionally, Nextiva Transit will enable
Foothill Transit to deter vandalism and theft, accelerate emergency
response, and provide video evidence of significant events. "As an
innovative public transportation provider for the county of Los
Angeles, Foothill Transit maintains the highest safety standards
for our passengers and employees," said Wilfred Briesemeister,
President of the Executive Board of Foothill Transit. "Verint's
Nextiva solution will help us improve situation awareness and take
immediate and informed action in the event of an emergency
situation." In the event of an emergency, Nextiva Transit will
enable Foothill Transit to network onboard video from the bus fleet
and transfer this video via broadband wireless networks to their
central monitoring station. Nextiva will also enable Foothill
Transit to automatically upload video when a bus returns to the
depot. The solution will be deployed by Verint partner, Orbital
Transportation Management Systems, located in Columbia, Maryland.
"We are pleased to help Foothill Transit enhance security of the
public transportation system in Los Angeles County," said Dan
Bodner, President and CEO of Verint Systems Inc. "We have
significant experience working with transportation providers and
are committed to delivering innovative networked video solutions to
enhance security for the transportation industry." Nextiva Transit
is part of the Nextiva portfolio of networked video solutions.
Nextiva enables organizations of all sizes, from small and
mid-sized enterprises to major government and commercial
organizations, to enhance the security of their facilities and
infrastructure and the performance of their business operations by
networking video across multiple locations and applying advanced
content analytics to extract actionable intelligence from live and
stored video. By alerting security personnel to potential security
threats, Nextiva helps organizations prevent security breaches,
improve response time and enhance operational efficiency. About
Verint Systems Inc. Verint(R) Systems Inc., headquartered in
Melville, New York, is a leading provider of analytic
software-based solutions for security and business intelligence.
Verint software, which is used by over 1,000 organizations in over
50 countries worldwide, generates actionable intelligence through
the collection, retention and analysis of voice, fax, video, email,
Internet and data transmissions from multiple communications
networks. Visit us at our website www.verint.com. Note: This
release contains "forward-looking statements" under the Private
Securities Litigation Reform Act of 1995. There can be no
assurances that forward-looking statements will be achieved, and
actual results could differ materially from forecasts and
estimates. Important risks, uncertainties and other important
factors that could cause actual results to differ materially
include, among others: potential impact on Verint's financial
results as a result of Comverse's creation of a special committee
of the Board of Directors of Comverse to review matters relating to
grants of Comverse stock options, including but not limited to, the
accuracy of the stated dates of Comverse option grants and whether
Comverse followed all of its proper corporate procedures and the
results of the Comverse special committee's review; the effect of
Verint's failure to timely file all required reports under the
Securities Exchange Act of 1934, and the resultant potential
delisting of Verint's common stock on NASDAQ; the impact of
governmental inquiries arising out of or related to option grants;
introducing quality products on a timely basis that satisfy
customer requirements and achieve market acceptance; lengthy and
variable sales cycles create difficulty in forecasting the timing
of revenue; integrating the business and personnel of Mercom and CM
Insight and Verint's other acquisitions, including implementation
of adequate internal controls; risks associated with significant
foreign operations, including fluctuations in foreign currency
exchange rates; aggressive competition in all of Verint's markets,
which creates pricing pressure; managing our expansion in the Asia
Pacific region; risks that Verint's intellectual property rights
may not be adequate to protect its business or that others may
claim that Verint infringes upon their intellectual property
rights; risks associated with Verint's ability to retain existing
personnel and recruit and retain qualified personnel in all
geographies in which Verint operates; decline in information
technology spending; changes in the demand for Verint's products;
challenges in increasing gross margins; risks associated with
changes in the competitive or regulatory environment in which
Verint operates; dependence on government contracts; expected
increase in Verint's effective tax rate; perception that Verint
improperly handles sensitive or confidential information; inability
to maintain relationships with value added resellers and systems
integrators; difficulty of improving Verint's infrastructure in
order to be able to continue to grow; risks associated with
Comverse Technology, Inc. controlling Verint's business and
affairs; and other risks described in filings with the Securities
and Exchange Commission. All documents are available through the
SEC's Electronic Data Gathering Analysis and Retrieval system
(EDGAR) at www.sec.gov or from Verint's website at www.verint.com.
Verint makes no commitment to revise or update any forward-looking
statements except as otherwise required by law. Verint, the Verint
word mark, Actionable Intelligence, Powering Actionable
Intelligence, STAR-GATE, RELIANT, NEXTIVA, LORONIX, SmartSight,
Lanex and ULTRA are trademarks of Verint Systems Inc. Other names
may be trademarks of their respective owner.
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