MAS Selects Nextiva Critical Infrastructure Networked Video Solution to Enhance Security at Kuala Lumpur International Airport
September 25 2006 - 8:02AM
Business Wire
Verint Systems Inc. (NASDAQ:VRNT), a leading provider of analytic
software-based solutions for security and business intelligence,
today announced that Malaysia Airlines Systems (MAS) has selected
its Nextiva� Critical Infrastructure (CI) networked video solution
to enhance the security of personnel, facilities and assets at
Kuala Lumpur International Airport (KLIA) in Malaysia. Kuala Lumpur
International Airport is a state-of-the-art transportation facility
and gateway to the growing Malaysia and South East Asia economic
region. The KLIA facility spans more than 200 square miles and
serves more than 20 million travelers per year. Responsible for
airport operations, MAS is deploying Nextiva CI as part of a
facility-wide initiative to increase security at certain terminals,
parking facilities, concourses, baggage handling areas, remote
aircraft hangers and vast airport perimeters. The solution is being
delivered by Verint partners, CCTV Technologies, SAPURA and
PrismaBytes, based in Kuala Lumpur. �MAS� mission is to deliver
safe and cost-effective air travel services for our customers,�
said Peter Raid, Director of Operations, Malaysia Airlines Systems.
�The Verint Nextiva solution will help enhance the security of our
passengers, personnel and assets, and help us to provide the public
with a safer travel experience.� Nextiva Critical Infrastructure 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. �Airports are continually
challenged to provide the highest levels of security possible,
while ensuring that their operations continue to run smoothly,�
said Dan Bodner, President and CEO of Verint Systems. �Our Nextiva
CI solution is specifically designed to help major airports like
KLIA effectively manage and analyze video across their entire
airport operation.� 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. Verint is a subsidiary of
Comverse Technology, Inc. (NASDAQ: CMVT). Visit us at our website
www.verint.com. Note: Certain statements concerning Verint's future
revenues, earnings per share, results or prospects are
"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; 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; integrating the business and personnel of
MultiVision, including implementation of adequate internal
controls; 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
integrating the business and employees of Opus and RP
Sicherheissysteme GMBH; 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 owners. Verint Systems Inc.
(NASDAQ:VRNT), a leading provider of analytic software-based
solutions for security and business intelligence, today announced
that Malaysia Airlines Systems (MAS) has selected its Nextiva(TM)
Critical Infrastructure (CI) networked video solution to enhance
the security of personnel, facilities and assets at Kuala Lumpur
International Airport (KLIA) in Malaysia. Kuala Lumpur
International Airport is a state-of-the-art transportation facility
and gateway to the growing Malaysia and South East Asia economic
region. The KLIA facility spans more than 200 square miles and
serves more than 20 million travelers per year. Responsible for
airport operations, MAS is deploying Nextiva CI as part of a
facility-wide initiative to increase security at certain terminals,
parking facilities, concourses, baggage handling areas, remote
aircraft hangers and vast airport perimeters. The solution is being
delivered by Verint partners, CCTV Technologies, SAPURA and
PrismaBytes, based in Kuala Lumpur. "MAS' mission is to deliver
safe and cost-effective air travel services for our customers,"
said Peter Raid, Director of Operations, Malaysia Airlines Systems.
"The Verint Nextiva solution will help enhance the security of our
passengers, personnel and assets, and help us to provide the public
with a safer travel experience." Nextiva Critical Infrastructure 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. "Airports are continually
challenged to provide the highest levels of security possible,
while ensuring that their operations continue to run smoothly,"
said Dan Bodner, President and CEO of Verint Systems. "Our Nextiva
CI solution is specifically designed to help major airports like
KLIA effectively manage and analyze video across their entire
airport operation." 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. Verint is a subsidiary of
Comverse Technology, Inc. (NASDAQ: CMVT). Visit us at our website
www.verint.com. Note: Certain statements concerning Verint's future
revenues, earnings per share, results or prospects are
"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; 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; integrating the business and personnel of
MultiVision, including implementation of adequate internal
controls; 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
integrating the business and employees of Opus and RP
Sicherheissysteme GMBH; 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 owners.
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