Portugal's City of Porto Enhances Security of Public Transportation System with Verint Networked Video Solution; Sociedade De Transportes Colectivos Do Porto Deploys Verint Solution in Buses across Porto, Portugal's Second Largest City.MELVILLE, N.Y. -- Verint Systems Verint Systems (Pink Sheets: VRNT) is a leading provider of analytic software and hardware based solutions for the security and business intelligence markets. See also
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in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : VRNT), a leading provider of analytic software-based solutions for communications interception, networked video security and business intelligence, today announced that Sociedade de Transportes Colectivos do Porto, SA (STCP STCP Sociedade de Transportes Colectivos do Porto STCP Sustainable Tree Crops Program (Africa) STCP Stimulated T Cell Chemotactic Protein STCP Serviço de Transportes Colectivos do Porto (Portuguese: Porto Bus Service) ), has deployed Verint's Networked Video Solution to enhance passenger security on buses in the metropolitan area of Porto, Portugal. STCP operates 570 buses and transports 222 million passengers annually across Porto, the second largest city in Portugal. As part of an ongoing strategy to enhance passenger and driver security and improve customer service, STCP is implementing Verint's Mobile Networked Video Solution in certain buses in its fleet. The Verint solution will enable operations and security personnel to centrally monitor activities to help prevent crime and create a safe environment for passengers and employees. The Verint(R) solution is being implemented in conjunction with Strong, Seguranca S.A. Verint Networked Video Solutions enable government and commercial organizations to enhance the security of their facilities and infrastructure and the performance of their operations by networking video across multiple locations and applying advanced content analytics to extract actionable intelligence Having the necessary information immediately available in order to deal with the situation at hand. With regard to call centers, it refers to agents having customer history and related product data available on screen before the call is taken. from live and stored video. By alerting security personnel to potential security threats, Verint Networked Video Solutions are designed to help organizations prevent security breaches, improve response time and enhance operational efficiency. "We are pleased to help STCP enhance security of the public transportation system in Porto," said Dan Bodner, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. 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." About Verint Systems Inc. Verint Systems Inc., headquartered in Melville, New York Melville is a hamlet and census-designated place in the town of Huntington in Suffolk County on Long Island, New York, in the United States. As of the 2000 census, 14,533 people resided there. , is a leading provider of analytic software-based solutions for communications interception, networked video 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 Comverse Technology, Inc. (Pink Sheets: CMVT) is an American Technology company located in Woodbury, New York, which develops and markets telecommunications software. Founded in 1982, the company focuses on providing services to third party telecommunication service providers. , Inc. (NASDAQ: CMVT CMVT Converse Technology ). 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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: dependence on government contracts; 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; aggressive competition in all of Verint's markets, which creates pricing pressure; challenges in increasing gross margins; decline in information technology spending; risks associated with integrating the assets and business acquired from ECtel Ltd. and RP RP Security; expected increase in Verint's effective tax rate; changes in the demand for Verint's products; 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; perception that Verint improperly handles sensitive or confidential information Noun 1. confidential information - an indication of potential opportunity; "he got a tip on the stock market"; "a good lead for a job" steer, tip, wind, hint, lead ; inability to maintain relationships with value added resellers See VAR. (company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). and systems integrators; difficulty of improving Verint's infrastructure in order to be able to continue to grow; risks associated with Verint's ability to retain existing personnel and recruit and retain qualified personnel in all geographies in which Verint operates; risks associated with changes in the competitive or regulatory environment in which Verint operates; risks associated with significant foreign operations, including fluctuations in foreign currency exchange rates; 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 Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. ) 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. 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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