Verint® Systems Inc. (NASDAQ: VRNT) today
announced that Shanghai International Financial Centre (IFC)
situated in Pudong Lujiazui Finance and Trade Zone is implementing
the Nextiva® IP video portfolio from Verint Video Intelligence
Solutions™. Part of a multi-phased technology deployment, Shanghai
IFC has begun using Verint security solutions to help secure its 70
floor twin towers, which are 260 meters and 250 meters in height
respectively, office buildings, hotels, apartments and shopping
malls.
Verint, along with its industry-leading integration partner
Tongfang Co., Ltd., is delivering a robust security system to help
deter crime and enhance the safety of businesses, residents and
visitors. The solution being deployed is comprised of Verint’s
end-to-end Nextiva Video Management software and intelligent edge
devices, which will operate in tandem with more than 1,600 security
cameras.
Together with Jin Mao Tower, World Financial Center and the
Shanghai IFC, the three major landmarks in Pudong will form the key
triangle financial and recreation center in Lujiazui Financial and
Trade Zone. Since its establishment in 1990, Lujiazui Finance and
Trade Zone has grown into a leading international financial center
under the visionary guidance of the Chinese government, and today
is the home to not only the Shanghai Stock Exchange but also
financial institutions and hotels from around the world. Shanghai
IFC, the largest integrated complexes development, further enhanced
the important role of Lujiazui Finance and Trade Zone, targeting
and recruiting leasing from top-tier luxurious brands, class-A
office building investors, and world-class finance and banking
sectors.
To help meet the stringent security requirements of a financial
zone-wide solution, Shanghai IFC under the Lujiazui Finance and
Trade Zone sought a powerful, reliable and highly scalable IP video
solution. With a strong reputation for providing a comprehensive
security platform to enterprise and critical infrastructure
organizations, Verint and Tongfang Co., Ltd. emerged as the ideal
partners to meet its needs, resulting in a multi-phased rollout of
the technology.
“Verint is proud to be part of this integrated real estate
project in Shanghai and pleased to be a security support of one of
China’s most significant financial and trade center zones,” says
Elan Moriah, president, Verint Video Intelligence Solutions and
Verint Witness Actionable Solutions®. “Nextiva continues to be the
video solution of choice for organizations around the world seeking
to advance security, improve situational awareness and enhance
operational effectiveness.”
About Shanghai Lujiazui Finance & Trade Zone
Lujiazui (Lu’s mouth) is an important financial district in
Pudong, Shanghai. In 2005, the State Council reaffirmed the
positioning of the 31.78 km² Lujiazui area as the only finance and
trade zone among the 185 state-level development zones in mainland
China. Currently, there are more than 30 buildings over 25 stories
high with commerce as their leading function, and over 504 domestic
and overseas financial and insurance corporations located in
Lujiazui. The success of Pudong in the past 20 years has fueled
tourism and business related travel to Shanghai. Pictures of the
Pudong skyline dominate Shanghai tourism materials, and there are 5
five-star hotels in the Lujiazui area, providing approximately
2,443 rooms, and three more five-star hotels are expected in the
area in the coming years, adding more than 1,200 luxury units.
About Shanghai International Financial Centre (Shanghai
IFC)
Formerly known as the Lujiazui Food City, the Shanghai building
of integrated property development projects is located in Shanghai
Pudong Century Avenue 8, Lujiazui Finance and Trade Zone. The total
development area is 400,000 square meters with 210,000 square
meters of Grade A office buildings, more than 90,000 square meters
of top hotels, and 100,000 square meters of shopping malls. The
first phase of 80,000 square meters of office and retail space
opened in 2009; the rest will be in 2011. Developed by Hong Kong
Sun Hung Kai Properties Limited, the overall architectural design
is by Pelli Clarke Architects. The main contractor is Shanghai
Construction Corporation.
About Tongfang Co., Ltd
Founded in 1997, Tongfang Co., Ltd. is a high-tech listed
company, which is established by Tsinghua Holdings Co., Ltd. The
company focuses on both Information Technology (IT) and
Environmental Energy fields, and actively searches for high-tech
industrialization development pattern with Chinese characteristics.
Tongfang Co., Ltd. invests in digital and intelligent construction
of urban infrastructures, improvement of urban functions, serving
for automation and intelligent construction of all urban sectors,
promotion of public service capabilities and driving the industrial
development of modern IT service.
Its four core business divisions are urban building intelligent
(comprehensive monitoring of electromechanical device, security
monitoring, fire protection alarm, integrated wiring, network
communication, energy management), urban mass transit information
(monitoring of environmental and electromechanical device, power
monitoring, safety door, fire protection alarm, auto fare
collection, operation management system), comprehensive monitoring
of urban district heating system (heat source management, district
heating system monitoring, expansion and energy-saving retrofit of
heating system, combined operation control and dispatch of multi
heat sources, information of heat supply enterprises) and
comprehensive service of urban building energy-saving (energy
consumption sub-metering, contract energy management, energy
consumption collection and management, energy consumption data
analysis, building energy-saving diagnostic, energy-saving
operation optimization and retrofit, operation and maintenance of
device monitoring system).
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 management software, integrated
analytics, encoders, cameras, wireless devices and intelligent DVRs
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. 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 80 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.” Visit us at our website
www.verint.com.
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, 2010 and our Quarterly Report on Form 10-Q for the
quarter ended October 31, 2010. 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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trademarks mentioned are the property of their respective
owners.
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