U.S. Department of Justice Awards Veritone Sole-Contractor Blanket Purchase Agreement at $15 Million
October 17 2023 - 7:00AM
Business Wire
U.S. DOJ now able to rapidly acquire Veritone’s
AI solutions for a variety of projects and initiatives
Veritone, Inc. (NASDAQ: VERI), a leader in enterprise AI
software and services, today announced it has been selected by the
U.S. Department of Justice (DOJ) for a $15 million Blanket Purchase
Agreement, allowing all DOJ agencies to easily purchase Veritone
software and services. Veritone will provide AI-powered software
and professional services to rapidly transcribe, translate, locate,
redact and extract critical evidence during early case
assessment.
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Veritone has been selected by the U.S.
Department of Justice (DOJ) for a $15 million Blanket Purchase
Agreement, allowing all DOJ agencies to easily purchase Veritone
software and services. Veritone will provide AI-powered software
and professional services to rapidly transcribe, translate, locate,
redact and extract critical evidence during early case assessment.
(Graphic: Business Wire)
“This agreement provides streamlined DOJ purchasing capabilities
across Veritone’s AI-powered solutions, with the potential for
future collaboration across the DOJ,” said Jon Gacek, General
Manager of Veritone’s Public Sector business unit. “Our Public
Sector solutions allow personnel to be significantly more
productive as they investigate, review and redact a massive amount
of unstructured data, including digital documents, audio and video
files. In addition, the agreement further underpins our ability to
provide trusted software solutions for a growing number of
government-related workflows and applications.”
This agreement follows the 2021 announcement detailing the
expanded availability of aiWARE for all agencies of the DOJ, based
on its enterprise-wide ATO (Authority to Operate) from the FedRAMP
authorization board for its aiWARE Government platform deployed on
both Microsoft Azure Government and AWS GovCloud environments.
Historically, the DOJ has been procuring the Veritone solutions
through Solutions for Enterprise-Wide Procurement contracts on an
agency-by-agency basis.
Additionally, the DOJ can leverage Veritone partners, including
Deloitte, CACI, PAE, and Leidos, each of which holds a position on
the DOJ’s $1.5 billion automated litigation support contract.
Veritone’s relationships with these key partners provide the DOJ
with access to Veritone’s world-class AI technology and services
for task orders placed under the $1.5 billion contract as well.
Built for justice systems, law enforcement, and intelligence
agencies, Veritone’s Public Sector solutions rapidly extract
actionable intelligence from large volumes of data, including video
and audio evidence from dash cameras, body cameras, CCTV, and
interview rooms, as well as other sources used in investigations,
surveillance, and criminal justice.
To learn more about Veritone, please visit: veritone.com
About Veritone
Veritone (NASDAQ: VERI) is a leader in enterprise artificial
intelligence (AI) solutions. Serving organizations in both
commercial and regulated sectors, Veritone’s software, services and
industry applications simplify data management, empowering the
largest and most recognizable brands in the world to run more
efficiently, accelerate decision making and increase profitability.
Veritone’s leading Enterprise AI platform, aiWARE™, orchestrates an
ever-growing ecosystem of machine learning models to transform
audio, video and other data sources into actionable intelligence.
Through its robust partner ecosystem and professional and managed
services, Veritone develops and builds AI solutions that solve
problems of today and tomorrow.
Safe Harbor Statement
This news release contains forward-looking statements. Without
limiting the generality of the foregoing, words such as “may,”
“will,” “expect,” “believe,” “anticipate,” “intend,” “could,”
“estimate” or “continue” or the negative other variations thereof
or comparable terminology are intended to identify forward-looking
statements. In addition, any statements that refer to expectations,
projections or other characterizations of future events or
circumstances are forward-looking statements. Assumptions relating
to the foregoing involve judgments and risks with respect to
various matters which are difficult or impossible to predict
accurately and many of which are beyond the control of Veritone.
Certain of such judgments and risks are discussed in Veritone’s SEC
filings. Although Veritone believes that the assumptions underlying
the forward-looking statements are reasonable, any of the
assumptions could prove inaccurate and, therefore, there can be no
assurance that the results contemplated in forward-looking
statements will be realized. In light of the significant
uncertainties inherent in the forward-looking information included
herein, the inclusion of such information should not be regarded as
a representation by Veritone or any other person that their
objectives or plans will be achieved. Veritone undertakes no
obligation to revise the forward-looking statements contained
herein to reflect events or circumstances after the date hereof or
to reflect the occurrence of unanticipated events.
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version on businesswire.com: https://www.businesswire.com/news/home/20231017959792/en/
Global Results Communications for Veritone, Inc. Lora Wilson or
Valerie Christopherson +1 949-608-0276
veritone@globalresultspr.com
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