Verint® Systems, Inc. today announced that it has been named a "Top 10 Foreign Security Brand in China" by HC360 Security Networks, a B2B ecommerce service provider specializing in physical security solutions for China-based operations. HC360 Security Networks accorded Verint this designation in June 2011 in recognition of the company's brand strength and technology excellence in China's highly competitive physical security market.
This honor was the culmination of a complex, two-month process in which companies and their offerings were evaluated according to brand awareness, credibility and satisfaction. According to Yu Feng Long, HC360 Security Networks General Manager, online voting by Verint users and system integrators was key to the selection process. "Market perception of Verint Video Intelligence Solutions™ is extremely strong in China. This is particularly noteworthy considering the volume of competitive domestic and imported product offerings available to the China marketplace today."
Mr. Long continued by stating that broad acceptance of foreign brands is difficult to achieve and largely dependent on perceptions of reliability, innovation and business value. "Verint solutions are increasingly perceived as a significant asset for achieving physical security objectives."
Verint and its Nextiva® IP video portfolio offer a single source for virtually every facet of video surveillance operations. Nextiva features video management software, intelligent edge devices, network video recorders, video analytics, and a physical security information management system for more rapid situational awareness and effective response. Designed to streamline video management for operations of any size, the integrated Nextiva portfolio can reduce the cost and complexity of video system deployment, maintenance and migration to IP.
"Verint is honored to be recognized as a Top 10 Foreign Security Brand by HC360 Security Networks and our customers and partners in China," remarked Moshe Ashkenazi, general manager, Verint Asia Pacific. "We are committed to continuing to provide innovative solutions that help organizations in China and around the world improve security, and protect people, property and assets."
About HC360 Security Networks
Founded in 1999, HC360 Security Networks (hc360.com) provides an online information and eCommerce portal and an array of consulting services for the China physical security market. An advocate for the physical security industry in China, HC360 Security Networks works with a wide array of solution vendors to provide its customers with timely information and comprehensive solutions for addressing their physical security requirements.
About Verint Video Intelligence Solutions
Verint Video Intelligence Solutions is a 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. (v) 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 85 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."
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 and our Quarterly Report on Form 10-Q for the quarter ended April 30, 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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