BURLINGTON, Mass.--(BUSINESS WIRE)--Everbridge, Inc. (NASDAQ: EVBG), the global leader in critical event management (CEM), today announced that the U.S. Army signed a new three-year contract for its software solutions to power JARVISS, the U.S. DoD’s enterprise system for threat visibility. The new contract also includes two U.S. Air Force (USAF) major and subordinate commands – Air Force Materiel Command (AFMC) and Air Force North (AFNORTH), which committed to adopting JARVISS to advance their respective threat information sharing and analytics capabilities.
The Joint Analytic Real-Time Virtual Information Sharing System (JARVISS) primarily focuses on antiterrorism and other security threats such as active shooters and natural disasters that might affect DoD operations. Since the outbreak of COVID-19, JARVISS also provides support for ongoing threat analysis of the pandemic, giving Army commanders and other DoD users critical insight into the impact of COVID-19 to global operations across 400 military locations in 70 Countries.
The key to JARVISS’ success comes from a common operating framework – one unified platform where senior leaders, antiterrorism officers, law enforcement personnel, and emergency managers identify relevant risks and the assets that could be affected, and act to avoid or mitigate the impact of the threat on their people and facilities.
“The Everbridge team feels honored to power JARVISS and provide Army and other DoD users worldwide with threat intelligence and early warning data to protect our soldiers and their families across our nation and around the world,” said Mike Mostow, Everbridge’s Vice President of Federal. “At Everbridge, we share a deep sense of responsibility towards those who keep us safe.”
Everbridge was previously recognized with the DoD’s prestigious Above and Beyond Award for promoting supportive work environments for members of the U.S. National Guard and Reserve.
JARVISS creates a premier global threat information sharing system that enables the Army to effectively identify and assess incidents and threats, in close proximity to military facilities, in near real-time. The platform accesses thousands of open source feeds across the globe – including social media, news reports, local municipality services, commercial business, and government sources – as well as data from Everbridge’s Risk Intelligence Monitoring Center (RIMC).
The Army joins more than 70 Federal agencies supported by the Everbridge CEM platform including the Federal Emergency Management Agency, Federal Communications Commission, the U.S. Nuclear Regulatory Commission, the General Services Administration, the Departments of Commerce, Energy, Interior, Justice, and Health and Human Services, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Environmental Protection Agency, the National Cancer Institute, and the Peace Corps.
About Everbridge
Everbridge, Inc. (NASDAQ: EVBG) is a global software company that provides enterprise software applications that automate and accelerate organizations’ operational response to critical events in order to Keep People Safe and Businesses Running™. During public safety threats such as active shooter situations, terrorist attacks or severe weather conditions, as well as critical business events including IT outages, cyber-attacks or other incidents such as product recalls or supply-chain interruptions, over 5,600 global customers rely on the Company’s Critical Event Management Platform to quickly and reliably aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes through the secure delivery to over 100 different communication modalities, and track progress on executing response plans. Everbridge serves 8 of the 10 largest U.S. cities, 9 of the 10 largest U.S.-based investment banks, 47 of the 50 busiest North American airports, 9 of the 10 largest global consulting firms, 8 of the 10 largest global automakers, 9 of the 10 largest U.S.-based health care providers, and 7 of the 10 largest technology companies in the world. Everbridge is based in Boston with additional offices in 20 cities around the globe. For more information visit www.everbridge.com
Cautionary Language Concerning Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding the anticipated opportunity and trends for growth in our critical communications and enterprise safety applications and our overall business, our market opportunity, our expectations regarding sales of our products, our goal to maintain market leadership and extend the markets in which we compete for customers, and anticipated impact on financial results. These forward-looking statements are made as of the date of this press release and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as “expect,” “anticipate,” “should,” “believe,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “could,” “intend,” variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. Our actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the ability of our products and services to perform as intended and meet our customers’ expectations; our ability to successfully integrate businesses and assets that we may acquire; our ability to attract new customers and retain and increase sales to existing customers; our ability to increase sales of our Mass Notification application and/or ability to increase sales of our other applications; developments in the market for targeted and contextually relevant critical communications or the associated regulatory environment; our estimates of market opportunity and forecasts of market growth may prove to be inaccurate; we have not been profitable on a consistent basis historically and may not achieve or maintain profitability in the future; the lengthy and unpredictable sales cycles for new customers; nature of our business exposes us to inherent liability risks; our ability to attract, integrate and retain qualified personnel; our ability to maintain successful relationships with our channel partners and technology partners; our ability to manage our growth effectively; our ability to respond to competitive pressures; potential liability related to privacy and security of personally identifiable information; our ability to protect our intellectual property rights, and the other risks detailed in our risk factors discussed in filings with the U.S. Securities and Exchange Commission (“SEC”), including but not limited to our Annual Report on Form 10-K for the year ended December 31, 2020 filed with the SEC on February 26, 2021. The forward-looking statements included in this press release represent our views as of the date of this press release. We undertake no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.
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