Metro Transit Extends Investment in Video and Situation Intelligence Solutions from Verint to Help Monitor and Secure Growing Transportation Network

Minneapolis/St. Paul Regional Transportation Authority Standardizes on Verint Video Management Software for Central Corridor Light Rail Transit Project, Creating Unified Approach to Security

MINNEAPOLIS & MELVILLE, N.Y.--()--Verint® Systems Inc. (NASDAQ: VRNT) today announced that Metro Transit Police Department, part of Metro Transit in Minneapolis/St. Paul, is extending its investment in Verint technology, standardizing key parts of its transportation technology platform with Nextiva® Video Management Software (VMS) for the Central Corridor Light Rail Transit (CCLRT) Project. Moving from its legacy security and business systems to a unified approach, the Verint VMS solution is helping the organization’s Metro Transit Police force advance its ability to monitor and secure the Twin Cities’ current and new light rail and commuter trains and passengers, as well as enhance investigation capabilities and increase response times.

Metro Transit is one of the country’s largest transit systems, providing more than 80 million annual passenger trips throughout the Minneapolis/St. Paul region. It operates the Hiawatha light rail line, Northstar commuter rail line and 123 bus routes. Metro Transit employs its own sworn police force committed to the safety of its customers and employees, and serves eight counties and 85 cities in the region. Starting in 2010, it embarked on a four-year construction project to expand operations with an 11 mile line connecting downtown St. Paul and Minneapolis with existing lines. The initiative, known as the Central Corridor Light Rail Transit (CCLRT), is adding 31 new light rail transit vehicles and 18 new stations.

Taking a proactive approach to security, the Metro Transit Police Department launched an initiative to standardize its transportation and security technology platform in conjunction with the CCLRT Project. Since 2009, Metro Transit has leveraged a wide array of Verint’s comprehensive security solutions to monitor portions of its operations—from its mobile fleet and light rail systems to its stations—and help migrate from analog to IP-based video. Based on its experience and success using Verint solutions and the technology’s open architecture platform that integrates with third-party systems, Metro Transit selected the Nextiva Video Management Software to help achieve the objectives of the CCLRT standardization initiative. Taking a phased approach to implementation, the organization began its rollout in September 2012.

“Metro Transit Police has been very pleased with the scalability, reliability and results that Verint has delivered over the years. We look forward to experiencing the additional benefits that this next-generation of video management software will bring to even more members of our organization,” says Brian Weaver, senior asset protection specialist, Metro Transit Police Department.

Nextiva Video Management Software offers policy-based video distribution, networked video viewing and investigation management to help security staff rapidly detect, act upon and investigate security breaches and other threats. Automated video system health monitoring helps manage large, geographically distributed video operations and streamline video system uptime to help ensure video availability. At Metro Transit, the Verint VMS solution is capturing video from hundreds of cameras and providing the organization with a fully redundant solution to monitor its new urban mass-transit system.

“We’re pleased to continue our work with the Metro Transit Police by implementing a cutting-edge approach to further advance its security operations,” says Steve Weller, senior vice president and general manager, Verint Video and Situation Intelligence Solutions. “Our long history, partnership and ongoing commitment to providing innovative, reliable and scalable IP video solutions can help simplify operations and drive extended value and return on investment for years to come.”

Around the world, transportation hubs of various sizes count on Verint Video and Situation Intelligence Solutions to deliver advanced security and operations intelligence. Based on years of experience, Verint has a proven track record of delivering scalable, fault tolerant, high-availability solutions designed to cover security and surveillance across a transportation center’s entire network—from railway and metro stations, to bus stops, parking lots and other facilities. Verint Nextiva enhances situational awareness, helps improve emergency preparedness and response, and provides authorized personnel with actionable intelligence for their security operations.

About Metro Transit

Metro Transit is a service of the Metropolitan Council. In 2012, customers boarded Metro Transit buses and trains 81 million times. For more information, visit metrotransit.org.

About Verint Video and Situation Intelligence Solutions

Verint® Video and Situation Intelligence Solutions help protect people, property and assets, and enhance operational efficiency. The award-winning Nextiva® portfolio delivers a sophisticated framework for capturing enterprise-wide IP video and other security and operational information, and provides users with integrated analytics, situation management and operational management capabilities. Designed for use across the enterprise, finance, retail and critical infrastructure markets, Verint solutions help address the top security and operations challenges facing today’s organizations through advanced security and business intelligence, vertical solutions and subject matter expertise.

About Verint Systems

Verint® (NASDAQ: VRNT) is a global leader in Actionable Intelligence® solutions. Its portfolio of Enterprise Intelligence Solutions and Security Intelligence Solutions helps organizations Make Big Data Actionable through the ability to capture, analyze and act on large volumes of rich, complex and often underused information sources—such as voice, video and unstructured text. With Verint solutions and value-added services, organizations of all sizes can make more timely and effective decisions. Today, more than 10,000 organizations in 150 countries, including over 80 percent of the Fortune 100, count on Verint solutions to improve enterprise performance and make the world a safer place. Headquartered in NY, Verint has offices worldwide and an extensive global partner network. Learn more at 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 fiscal year ended January 31, 2013 and other filings we make with the SEC. 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.

VERINT, ACTIONABLE INTELLIGENCE, MAKE BIG DATA ACTIONABLE, CUSTOMER-INSPIRED EXCELLENCE, INTELLIGENCE IN ACTION, IMPACT 360, WITNESS, VERINT VERIFIED, VOVICI, GMT, AUDIOLOG, ENTERPRISE INTELLIGENCE SOLUTIONS, SECURITY INTELLIGENCE SOLUTIONS, VOICE OF THE CUSTOMER ANALYTICS, NEXTIVA, EDGEVR, RELIANT, VANTAGE, STAR-GATE, ENGAGE, CYBERVISION, FOCALINFO, SUNTECH, and VIGIA are trademarks or registered trademarks of Verint Systems Inc. or its subsidiaries. Other trademarks mentioned are the property of their respective owners.

Contacts

Industry Information
Verint Systems
Courtney Mamuscia, 303-254-7154
courtney.mamuscia@verint.com
or
Investor Relations
Verint Systems
Alan Roden, 631-962-9304
alan.roden@verint.com

Release Summary

Metro Transit Extends Investment in Verint Video and Situation Intelligence Solutions from Verint to Help Monitor and Secure Growing Transportation Network

Contacts

Industry Information
Verint Systems
Courtney Mamuscia, 303-254-7154
courtney.mamuscia@verint.com
or
Investor Relations
Verint Systems
Alan Roden, 631-962-9304
alan.roden@verint.com