Verint Acquires PSIM Technology to Expand Its Nextiva Security Intelligence Suite
April 06 2011 - 8:30AM
Business Wire
Verint® Systems Inc. (NASDAQ: VRNT) today
announced the acquisition of Rontal Engineering Applications Ltd.,
a privately-held provider of situational awareness solutions. This
acquisition expands Verint’s portfolio of security intelligence
solutions, powering the launch of Nextiva® PSIM™—a platform that
captures information from a variety of security, safety and
corporate systems— and enabling the fusion of information for users
to quickly and efficiently view, correlate and analyze data to
identify, initiate and manage response to situations in
collaboration with other security agencies.
Nextiva PSIM enables organizations to gain immediate situational
awareness and faster response leveraging an intuitive 3D
multi-layer user interface, efficient organizational control and
management through systemic procedures and standards, contingency
planning capabilities for natural disasters and calamities, reduced
operational costs through efficient deployment of equipment and
resources, and optimized planning and preparedness for situations
using virtual simulations alongside debriefing and analysis.
Nextiva PSIM is an important addition to Verint’s award-winning
Nextiva end-to-end IP video portfolio.
“This technology acquisition adds an important dimension to our
comprehensive suite of security intelligence solutions and further
strengthens our market leadership position,” says Elan Moriah,
president, Verint Video Intelligence Solutions™ and Verint Witness
Actionable Solutions®. “We have been offering PSIM technology
within our solutions portfolio through a successful OEM agreement.
The launch of Nextiva PSIM demonstrates our continued commitment to
delivering innovative and comprehensive solutions to our customers,
enabling them to derive enhanced value from their security
investments.”
Frost & Sullivan, a leading global analyst and consultancy
firm, projects that the world market for PSIM software will
continue to see high adoption. Defined by the firm as “a
fundamental component for the next generation fully integrated
physical security environment to offer advanced functionalities and
present a clear ROI,” Frost & Sullivan views PSIM as a valuable
component not only for critical infrastructure, homeland security
and law enforcement customers, but for large and medium-sized
corporations as well. “With the launch of an entire portfolio of
state-of-the-art IP video products and an advanced physical
security information management system, Verint is a must-stop shop
for organizations looking to take their security operations to the
next level today and into the future,” says Dilip Sarangan, senior
industry analyst, Frost & Sullivan.
Organizations that are looking for the next level of security
management solutions for their security operations can use Nextiva
PSIM—delivered to them from a proven market leader—to capture,
analyze and distill vast amounts of information to gain the
actionable intelligence they need to help make their organizations
safe and secure.
For a demonstration, or to learn more about Nextiva PSIM, visit
Verint at Booth #20069 during ISC West in Las Vegas, April 6-8,
2011.
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, 2011. 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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INTELLIGENCE FOR A SMARTER WORKFORCE, VERINT VERIFIED, WITNESS
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