Tyne Tunnel Realizes New Levels of Operational Efficiency and Situational Awareness with Verint Solutions

Transportation Entity Benefits from Use of Verint Enterprise Video Management Software, Enhancing Traffic Management and Public Safety

MELVILLE, N.Y.--()--Verint® Systems Inc. (Nasdaq: VRNT) today announced the benefits that Tyne Tunnels in the United Kingdom is experiencing in the areas of traffic management and public safety, following its newest video surveillance deployment of Verint software. Tyne Tunnels are high-volume vehicular toll tunnels in Northeast England that form part of the A19 Road and that are managed by the agency TT2 Limited.

This transportation entity leverages the latest version of Verint’s Enterprise Video Management Software (VMS) as a key technology in its state-of-the-art command center that provides 24x7 traffic monitoring and emergency management for the more than 65,000 cars that pass through the tunnels each day or over 23 million annually. Verint’s VMS solution serves as the TT2’s centralized management platform for its mission-critical tunnel surveillance infrastructure. The selection of the Verint solution in 2016 was part of a recent refurbishment of the tunnels, which run under the River Tyne and provide a vital connection between North and South Tyneside.

Since implementing Verint’s VMS platform, Tyne Tunnels and TT2 report that they are experiencing new levels of situational awareness and efficiency, and benefitting from heightened intelligence and awareness within the structures. With the additional insights it gains using the Verint solution, the transportation entity and its operators are able to more effectively identify and respond to traffic issues; minimize operational disruptions, such as stopped vehicles; and make faster and more informed decisions in emergency response situations, such as those involving accidents and injuries.

“There is a wide variety of incidents that need to be immediately identified to help ensure smooth travel and tunnel operations,” says James McKenna, equipment engineer, TT2. “With Verint solutions in place, we are able to streamline our video monitoring efforts to be more effective and efficient with emergency management and response. This supports our focus on providing safe, convenient and reliable roadways to travelers.”

“We are pleased to be working with Tyne Tunnels and TT2, and delighted at their success using Verint solutions to help ensure the safety of those that count on its tunnels for transit each day,” says Alan Stoddard, vice president and general manager, Verint. “Our solutions are designed to help build strong security positions in mission-critical public transit environments. Verint’s VMS solution demonstrates the multiple ways situational awareness can benefit today’s modern organizations, and the customers and citizens they serve.”

About Verint Systems Inc.

Verint® (Nasdaq: VRNT) is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization, security intelligence, and fraud, risk and compliance. Today, more than 10,000 organizations in approximately 180 countries—including over 80 percent of the Fortune 100—count on intelligence from Verint solutions to make more informed, effective and timely decisions. Learn more about how we’re creating A Smarter World with Actionable Intelligence® 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, uncertainties and assumptions, 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, 2017, our Quarterly Report on Form 10-Q for the quarter ended April 30, 2017, 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, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.

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Contacts

Media Relations
Verint Systems Inc.
Colleen Gustitus, 443-535-4238
colleen.gustitus@verint.com
or
Investor Relations
Verint Systems Inc.
Alan Roden, 631-962-9304
alan.roden@verint.com

Contacts

Media Relations
Verint Systems Inc.
Colleen Gustitus, 443-535-4238
colleen.gustitus@verint.com
or
Investor Relations
Verint Systems Inc.
Alan Roden, 631-962-9304
alan.roden@verint.com