Offering a wide variety of technology services within a broad field of complex security, life safety, and related solutions and processes involving multiple individuals, technologies, procedures, and applications in a broad spectrum of industries.
11 December 2009
10 December 2009
When did you last update your “Emergency Go Kit” ?
I don’t know why I wanted to post this, but I was inspired to review my “Emergency Go Kit” and I want to pass it on. Preparing an Emergency Go Kit in advance can save precious time if you must evacuate or seek shelter. Put the following items in a sturdy, easy-to-carry container such as a backpack or suitcase with wheels. Keep your kit in an easily accessible place. Add the following to your kit:
• At least a three-day supply of water (one gallon per person per day). Store in sealed, unbreakable containers.
• A three-to five-day supply of non-perishable canned food, and a non-electric can opener
• Flashlight
• Battery-powered or hand crank radio
• Extra batteries
• Wrench and/or pliers to turn off utilities
• Whistle to signal for help
• First Aid kit
• Prescription medications for at least one week
• List of family physicians, important medical information, and the style and serial number of medical devices, such as pacemakers
• Cell phone charger or extra batteries and car charger, I also purchased a generator and have 3 days of fuel.
• Extra set of eyeglasses, or contact lenses and solution
• Rain gear, sturdy shoes, and a change of clothing
• Blankets, bedding, and/or sleeping bags
• Identification, credit cards, cash
• Photocopies of important family documents including bank and home insurance information
• Extra set of car and house keys
• Local maps
• N95 dust masks to help filter contaminated air
• Plastic sheeting, duct tape, and scissors to shelter in place
• Tools: screwdrivers, waterproof matches, a fire extinguisher, flares, plastic storage containers, needle and thread, pen and paper, a compass, garbage bags, moist towelettes, and regular household bleach
• Special items for seniors, family members with disabilities, infants, and young children
• Change batteries in all your equipment at least once a year. An easy way to remember is to do it when you turn your clocks back in the fall.
Special Items for Infants
• Formula, bottled water, bottles, nipples
• Jars of baby food and baby spoons
• Diapers and diaper rash ointment
• Medications
• Moist towelettes and hand sanitizer
• Blankets, pacifiers, and layers of clothing
• Sunhat in warm months, warm hat in cool months
• Several small, lightweight toys
Below are simple steps to take to ensure you and your family is prepared for an emergency:
• Teach your children how to make long-distance telephone calls and how to dial 911 for emergency assistance.
• Program emergency numbers into all phones.
• Pick two places where your family will reunite after an emergency: a place near your home, and a place outside the District in case you cannot return home after an emergency.
• Make sure everyone knows the addresses and phone numbers of both meeting places.
• Know and practice all possible exit routes from your neighborhood.
• Put important family records (birth certificates, healthcare records, passports) in a safe place, such as a fireproof and waterproof safe or a bank safety deposit box.
• Practice your plan with all household members.
• Include your children in your planning, practice your plans with them, and quiz them to make sure they understand what to do. Always stress that this is a “just in case” plan.
• Get a copy of your child’s school or daycare emergency plans.
• Make plans for where you can meet your child after an evacuation.
• Make sure that the school has up-to-date contact information for you and other family members.
• Authorize a friend or family member to pick up your child in an emergency if you are unable to do so.
• Identify an easily accessible location in your home to store your Emergency Kit and make sure everyone in the home is aware of the location. If you have young children, make sure your Emergency Kit includes toys, books, and other personal items for your child.
I believe we need to review these areas annually just as we change the batteries in our smoke detectors.
• At least a three-day supply of water (one gallon per person per day). Store in sealed, unbreakable containers.
• A three-to five-day supply of non-perishable canned food, and a non-electric can opener
• Flashlight
• Battery-powered or hand crank radio
• Extra batteries
• Wrench and/or pliers to turn off utilities
• Whistle to signal for help
• First Aid kit
• Prescription medications for at least one week
• List of family physicians, important medical information, and the style and serial number of medical devices, such as pacemakers
• Cell phone charger or extra batteries and car charger, I also purchased a generator and have 3 days of fuel.
• Extra set of eyeglasses, or contact lenses and solution
• Rain gear, sturdy shoes, and a change of clothing
• Blankets, bedding, and/or sleeping bags
• Identification, credit cards, cash
• Photocopies of important family documents including bank and home insurance information
• Extra set of car and house keys
• Local maps
• N95 dust masks to help filter contaminated air
• Plastic sheeting, duct tape, and scissors to shelter in place
• Tools: screwdrivers, waterproof matches, a fire extinguisher, flares, plastic storage containers, needle and thread, pen and paper, a compass, garbage bags, moist towelettes, and regular household bleach
• Special items for seniors, family members with disabilities, infants, and young children
• Change batteries in all your equipment at least once a year. An easy way to remember is to do it when you turn your clocks back in the fall.
Special Items for Infants
• Formula, bottled water, bottles, nipples
• Jars of baby food and baby spoons
• Diapers and diaper rash ointment
• Medications
• Moist towelettes and hand sanitizer
• Blankets, pacifiers, and layers of clothing
• Sunhat in warm months, warm hat in cool months
• Several small, lightweight toys
Below are simple steps to take to ensure you and your family is prepared for an emergency:
• Teach your children how to make long-distance telephone calls and how to dial 911 for emergency assistance.
• Program emergency numbers into all phones.
• Pick two places where your family will reunite after an emergency: a place near your home, and a place outside the District in case you cannot return home after an emergency.
• Make sure everyone knows the addresses and phone numbers of both meeting places.
• Know and practice all possible exit routes from your neighborhood.
• Put important family records (birth certificates, healthcare records, passports) in a safe place, such as a fireproof and waterproof safe or a bank safety deposit box.
• Practice your plan with all household members.
• Include your children in your planning, practice your plans with them, and quiz them to make sure they understand what to do. Always stress that this is a “just in case” plan.
• Get a copy of your child’s school or daycare emergency plans.
• Make plans for where you can meet your child after an evacuation.
• Make sure that the school has up-to-date contact information for you and other family members.
• Authorize a friend or family member to pick up your child in an emergency if you are unable to do so.
• Identify an easily accessible location in your home to store your Emergency Kit and make sure everyone in the home is aware of the location. If you have young children, make sure your Emergency Kit includes toys, books, and other personal items for your child.
I believe we need to review these areas annually just as we change the batteries in our smoke detectors.
08 December 2009
NICE Systems $22 Million dollar acquisition of Orsus Situation Management could be a steal!
I have been asked to comment on this NICE Systems (NASDAQ: NICE) / Orsus acquisition three times this week so I better write something on what I see as the future of our industry and why I believe this is a very important purchase. My background was in operations before I became involved in Loss, Fraud and Risk Prevention so maybe I look at these solutions differently than someone with a security point of view.
I met Dan Yalon NICE’s Corporate VP of Strategy & Strategic Alliances back in early 2008 at TechSec Solutions in Dallas. I found the company to be very solid, well capitalized and focused. At the time I was building new alliances for Wachter Network Services and their focus was more on public projects and I was focused on private or non-union projects. I have been tracking them and many others on my http://www.physicalsecuritytechnologist.com/ page. I have also been tracking
• CNL
• ForgeHouse
• Intergraph
• Orsus
• Proximex Surveillint™
• S2 Security
• Schneider Electric - Andover Continuum
• videoNEXT
• VidSys
in the area of Physical Security Information Management or PSIM and BI or Business Intelligence.
I learned a long time ago from my Grandfather that “People will only do what you expect, if they know that you are going to inspect.” My family a 250 bed nursing home when I grew up and when I wasn’t with my Grandmother I was there. He told me that once when I asked him why we would always drop in, unexpected, to see what was happening. I have never forgotten those words and I have used that concept since the late 1970’s to be sure that those who have worked for me do their jobs. In the Risk Management and Loss Prevention business it is all about influencing negative behaviors to stop internal and external theft and liability. With all the information available from our systems thru video feeds, access control information, video analytics, energy systems, computer networks and any other technology that can send a signal, without an intelligent tool to make sense if all this data the investment will be a waste. Without an intelligent tool that can compare data within an enterprise the system will not be proactive and if the system is not proactive it will not create an environment that can stop potential negative behaviors from those we employ and protect ourselves. My goal is always to eliminate opportunity and temptation from the enterprise.
For example: I am involved in a project, in the retail sector, that we have been able to develop algorithms that discover abnormalities within the enterprise. We know that the hardest fraud to detect is skimming. Why? Because there is a limited paper trail or paper trail at all. (Skimming for the purpose of our discussion is the removable of cash from an organization before the cash has been recorded on the books. I call it off-book fraud for short.) We have been able to predict with a 98% certainty, and in real time, which employees are skimming before we even go to the video. The video is then just a confirmation of the evidence created by the business intelligence. We then push this data to the owner/manager who can act on it immediately right from his cell phone.
This is why I believe that the future of this type of technology is the future of this business and NICE systems is making a great deal. Orsus should also bring NICE into other vertical markets such as: retail and banking and other private companies that will invest in this technology to eliminate risks. The return-on-investment (ROI) should be exceptional on this solution and its implementation should be a very simple decision for the management team. It is not all the government accounts that it can help that excites me, it is the 10s of thousands of business's that can be helped that get's me going.
I will be watching, in fact, I think I want to learn more the solution for some of my clients…
I met Dan Yalon NICE’s Corporate VP of Strategy & Strategic Alliances back in early 2008 at TechSec Solutions in Dallas. I found the company to be very solid, well capitalized and focused. At the time I was building new alliances for Wachter Network Services and their focus was more on public projects and I was focused on private or non-union projects. I have been tracking them and many others on my http://www.physicalsecuritytechnologist.com/ page. I have also been tracking
• CNL
• ForgeHouse
• Intergraph
• Orsus
• Proximex Surveillint™
• S2 Security
• Schneider Electric - Andover Continuum
• videoNEXT
• VidSys
in the area of Physical Security Information Management or PSIM and BI or Business Intelligence.
I learned a long time ago from my Grandfather that “People will only do what you expect, if they know that you are going to inspect.” My family a 250 bed nursing home when I grew up and when I wasn’t with my Grandmother I was there. He told me that once when I asked him why we would always drop in, unexpected, to see what was happening. I have never forgotten those words and I have used that concept since the late 1970’s to be sure that those who have worked for me do their jobs. In the Risk Management and Loss Prevention business it is all about influencing negative behaviors to stop internal and external theft and liability. With all the information available from our systems thru video feeds, access control information, video analytics, energy systems, computer networks and any other technology that can send a signal, without an intelligent tool to make sense if all this data the investment will be a waste. Without an intelligent tool that can compare data within an enterprise the system will not be proactive and if the system is not proactive it will not create an environment that can stop potential negative behaviors from those we employ and protect ourselves. My goal is always to eliminate opportunity and temptation from the enterprise.
For example: I am involved in a project, in the retail sector, that we have been able to develop algorithms that discover abnormalities within the enterprise. We know that the hardest fraud to detect is skimming. Why? Because there is a limited paper trail or paper trail at all. (Skimming for the purpose of our discussion is the removable of cash from an organization before the cash has been recorded on the books. I call it off-book fraud for short.) We have been able to predict with a 98% certainty, and in real time, which employees are skimming before we even go to the video. The video is then just a confirmation of the evidence created by the business intelligence. We then push this data to the owner/manager who can act on it immediately right from his cell phone.
This is why I believe that the future of this type of technology is the future of this business and NICE systems is making a great deal. Orsus should also bring NICE into other vertical markets such as: retail and banking and other private companies that will invest in this technology to eliminate risks. The return-on-investment (ROI) should be exceptional on this solution and its implementation should be a very simple decision for the management team. It is not all the government accounts that it can help that excites me, it is the 10s of thousands of business's that can be helped that get's me going.
I will be watching, in fact, I think I want to learn more the solution for some of my clients…
02 December 2009
$250,000,000 Dollars of Physical Security Technology Sales Can't Be Wrong.
Risk mitigation, loss prediction, prevention and security have been the driving force for my work since before 911. My client’s have purchased more than $250,000,000 dollars of physical security technology and labor to be used to intelligently mitigate risk, reduce losses, and protect their employees, customers, constituents and company enterprise assets.
The increasing convergence of risk management, physical security and technology is enabling greater incident prevention and analysis; and quicker decision making, deployment and response across the enterprise organization. The acquisition and deployment of these solutions will increasingly require an understanding of how protecting the organization’s business operations functions within the IT/IP infrastructure.
Convergence between physical security solutions and the IT/IP infrastructure allows for the integration of legacy and new IP technology solutions requires seamless implementation across new and existing enterprises. The infrastructure investment for the implementation of security technology now more closely conforms to existing IT business models within the organization. To better quantify the return on investment for their business intelligent/security solutions has always been simple for me, for example on client with 5,000 locations spent $100,000,000 over three years to install my recommended solution within their enterprise. Their estimated return-on-investment (ROI) will be $1,500,000,000 over five years. My point is that the integration of physical security/business intelligent technologies into all elements of the enterprise operation is becoming both a requirement and a substantial value to every organization I associate.
As always, it is my goal and ambition to be passionate about my customers needs, confront and solve problems constructively by fostering a collaborative team effort which conducts business with uncompromising integrity. To continue to offer solutions n the areas of compliance, operational risk management and physical security to make certain I represent key innovation in risk and compliance management solutions that meet the business requirements of Global 2000 customers. If I can help your organization no matter if you are a manufacturer or an end-user, I can help improve your ROI to deliver and benefit from physical security technologies. Drop me a note at james.mcdonald@pst-mail.com.
01 December 2009
Need for Security and Business Intelligence to Make Video Analytics an Essential Tool for the End Users of Video Surveillance
LONDON, Nov. 30 /PRNewswire/ -- The need for pro-active security and business intelligence is boosting the demand for video analytics solutions in Europe, Middle East and Africa (EMEA). The lack of awareness among end-users about video analytics, coupled with inflated promises of earlier generation of analytics, resulted in a huge gap between its capabilities and customer expectations. However, significant advancements over the years and its current ability to offer intelligent analysis of video hold promising opportunities in security as well as non-security applications.
New analysis from Frost & Sullivan (http://www.autoid.frost.com), Analysis of Video Analytics Applications in the EMEA Market, finds that the market earned revenues of $48.0 million in 2008 and estimates this to reach $264.0 million by 2015. The application segments covered in this research are commercial, transport and government.
"The falling prices of video analytics are paving the way for increased adoption, even in small and medium-sized applications," says Frost & Sullivan Senior Research Analyst Archana Rao. "The ability of the technology to analyse large volumes of data (video) and distinguish the valuable bits of information yields significant cost savings in terms of limiting monitoring personnel."
The shift from reactive to pro-active analysis of video helps prevent security breaches in addition to achieving cost savings on meagre resources and the time taken to retrieve data for meaningful analysis. This, combined with the falling price and integration with business processes, offers all end users a high return on investment (ROI).
"However, complex technology combined with the relatively slow migration to Internet protocol (IP) in the video surveillance space and an uncertain economic environment is hindering the large-scale adoption of analytics," explains Rao. "The current video analytics solutions continue to suffer from the unrealistic expectations set in the early stages of the market. Additionally, low awareness about its real benefits, the lack of open platforms and price sensitivity restrain its widespread adoption."
Educating end users about the ROI and setting clear expectations are critical factors for growth of the market. If you are interested in more information about this study, then send an e-mail to Joanna Lewandowska, Corporate Communications, at joanna.lewandowska@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country.
Analysis of Video Analytics Applications in the EMEA Market is part of the Automatic Identification & Security Growth Partnership Services programme, which also includes research in the following markets: European Electronic Access Control Security Markets, European Security Convergence Market, EMEA Biometrics Market, Distribution Channel Analysis for European Security Systems, Opportunities in the European Intrusion Detection Systems Market, North American Government Physical and Logical Security Market, World Residential Security Market, and Security in the Global Utilities Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com/
24 November 2009
FLIR Systems thermal imaging camera increases security
The Port of Ravenna is an Italian leader in commercial trade with the East Mediterranean and the Black Sea. It plays an important role in trade with the Middle and Far East. The Port Authority of Ravenna has the task of allocating, planning, coordinating, promoting and controlling port operations and other commercial and industrial activities taking place in the port. It invests heavily in the port to improve its infrastructure and to extend its service offerings, in order to reach the highest quality standards.
Recently, the Port Authority of Ravenna has decided to install a FLIR Systems HRC-S MS Multi-Sensor. This thermal imaging camera intends to raise the level of security at the port of Ravenna from the harbour front to the adjacent coast. This is yet another step taken by the Port Authority to raise the standards of security at the port of Ravenna. With the HRC-S MS the Port of Ravenna installed one of most innovative and powerful night vision systems.
"We originally demonstrated the Port Authority a system composed of a FLIR Systems PTZ-35x140 MS.", explains Miss Elisabetta Minghelli head marketing at A.ST.I.M. S.r.l. The company designs and develops integrated security systems and is a FLIR Systems distributor in Italy for FLIR Systems security and surveillance and maritime products. "During the demonstration it became immediately clear that they needed a more powerful solution. Seeing a small vessel at approximately 20 kilometers, as requested by the Port Authority, requires a thermal imaging camera with a cooled detector. We decided to propose the FLIR Systems HRC-S.”
“The Port Authority was immediately convinced when we demonstrated the FLIR Systems HRC-S MS. The HRC-S MS is based on military technology and it is fully military qualified. Since the military is the most demanding customer in the world, the Port Authority knew immediately that the HRC-S MS would do a great job in the Port of Ravenna as well.”
“Since they not only wanted to have a thermal imaging camera but a daylight camera as well, we opted for the HRC-S MS Multi-Sensor system. Not only it is installed on a robust pan/tilt which allows nthe operator to look anywhere he wants, it is equipped with a daylight camera asnwell. Optionally they ordered a laser rangefinder. This allows the operator to see at which distance from the camera vessels or other objects are located.”, explains Miss Minghelli.
“A.ST.I.M installed the HRC-S MS on ab14 meter high mast in order to have an excellent overview over the area. Temporarily, the images of the HRC-S MS were transmitted wireless to the control room which is 6 kilometers away from the location of the HRC-S MS. Although this was giving excellent results, we are replacing the wireless signal with a fiberoptic cable. This will even further increase the image quality of the HRC-S MS.”, says Miss Minghelli.
“The Port Authority is not operating the HRC-S MS itself. Once it was installed the control was handed over to two important authorities within the port of Ravenna: the Coast Guard and the Port Pilots organization.”
The Italian Coast Guard is a branch of “Marina Militare" (Italian Navy) that has tasks and functions connected mostly to the use of the sea. The Italian Coast Guard has exclusive responsibility for search and rescue missions. It systematically examines the entire national merchant fleet, fishing and pleasure boating and through the activity of Port State Control, also the foreign flags that are calling at Italy’s ports. Other tasks include the protection of the marine environment and control of maritime fishery, pleasure yachting.
"Our task is to ensure that the port of Ravenna is safe.", says Captain Roberto Rufini, head of the Coast Guard at the Port of Ravenna. "We not only control and maintain the safety and security of the ships that come to our port; we also have the responsibility for the entire port security as well."
"Every vessel entering or leaving the port of Ravenna has to give an “arrival notice” at least 24 hours before it plans to enter the port. We can monitor their movements with the automatic identification system (AIS). AIS is a very effective way to track and monitor commercial traffic through a flow of information and data. It helps to identify the ship, see its location, direction and speed, type of cargo and its "relationship" with other nearby ships and Marine Traffic Control Stations.”
“Although the vast majority of ships have AIS on board, not all are equipped with it. Off course we can still monitor these vessels by radar. But now, especially for the sensitive sea area that affects the entire harbour, we have a new tool as well. With the HRC-S Multi-Sensor System we get a visual, real-time image of these vessels. During the day, we use the daylight camera. But more spectacular, when it gets dark we switch to thermal. The HRC-S MS is really turning night into day. This allows us to monitor all ship traffic, 24 hours a day."
“The thermal imaging camera also helps us to comply with the International Ship and Port Facility (ISPS) regulations. A comprehensive set of measures to enhance the security of ships and ports developed in response to the perceived threats to ship and port facilities in the wake of the 9/11 attacks in the United States.”, adds Captain Francesco Frisone of the Ravenna Coast Guard.
"The HRC-S MS is used for more for than vessel traffic monitoring only," continues Captain Frisone. "In front of the coast of Ravenna there are several offshore platforms that extract natural gas. The nearest are located three miles from the coast while others are located approximately 10 miles away. With the HRC-S MS we are able to monitor what is happening around them without any problem. If we see that vessels, which have not announced their presence beforehand, are close to the platforms, we are able to intervene immediately. The HRC-S MS has such a long range performance that we can see what is going on close to the platforms. Even in total darkness”.
"Another application is the control and supervision over everything that is happening on the beaches. During summer there is an increased inflow of tourists and there are more beach activities. With the FLIR Systems HRC-S MS we can see clearly what is happening on the beach. Day and night. If there is a problem that requires activation of the planned emergency procedures, such as swimmers or recreational boats in distress, we can act immediately”.
"Recently, thanks to the HRC-S MS, we observed a sports diver inside the port, while snorkeling at a distance of more than 1,500 meters away from the camera, near the docks of the south dam. We noticed his head when it was above water. On the thermal image we also noticed that hanging on his belt was a fish that he had caught illegally, in a prohibited area. We immediately intervened to end a potentially dangerous situation. Dangerous not only for the port but also for the diver since he was swimming in an area that is frequented by large ships and motor vessels.”
"For us this is just one example of the great benefits of thermal imaging and particularly of the HRC-S MS. Here at the Coast Guard we are convinced that there is a bright future for thermal imaging and its applications.", concludes Captain Frisone.
The FLIR Systems HRC-S MS is being controlled by the FLIR Sensors Manager Software. This out-of-the-box software offers powerful and efficient management capabilities for any security installation with FLIR Systems thermal imaging cameras.
NICE to Revolutionize Situational Awareness
NICE to Revolutionize Situational Awareness by Connecting NICE Security Solutions and Other 3rd Party Security and Safety Systems to Provide Security Organizations With a Unified View and Automated Response Procedures
RA'ANANA, Israel, November 23 /PRNewswire-FirstCall/ -- Orsus' Situator provides a framework for fusing data silos from disparate security and safety systems as well as multiple command and control centers, into a single, holistic operational view and automating security procedures - The integration of Orsus' solution with NICE's security offering, including video, and vertical domain expertise, will enable NICE to provide a comprehensive pre-integrated portfolio of security management solutions tailored to protect city centers, transportation systems, critical infrastructure, and enterprise campuses - Acquisition expected to generate non-GAAP revenues of several millions of dollars in 2010 and to be accretive on a non-GAAP basis, within one year after closing
NICE Systems (NASDAQ: NICE) a leading global provider of advanced solutions that enable enterprises and security organizations to extract Insight from Interactions, transactions and surveillance to drive business performance, reduce risk and ensure safety, today announced the signing of a definitive agreement to acquire the security management solution assets of Orsus, a leading provider of Security Management Solutions. Under the terms of the agreement, NICE will be acquiring the security management solution assets of Orsus in an all-cash transaction for a total consideration of $22 million, subject to certain adjustments. The transaction is subject to the satisfaction of customary closing conditions and is anticipated to close towards the end of the fourth quarter of 2009.
The integration of Orsus' unique security management software with NICE's comprehensive security solutions, complemented by its vertical domain expertise, will enhance NICE's leadership position in the security market, and enable its customers and partners to better protect city centers, transportation systems, critical infrastructure, and enterprise campuses.
Critical incidents today are becoming more frequent and with more far-reaching consequences. In response, organizations have made massive investments in a wide range of security technologies and in corresponding manpower. However, these security tools often exist in different silos, which lead to information overload, making it difficult to get the complete picture and manage critical incidents effectively. Orsus' Situator security management solution provides a framework for fusing data silos from disparate security and safety systems as well as multiple command and control centers, into a single, holistic operational view and automating security procedures.
Situator's open architecture enables integration with a wide array of security and safety alerting sources from different vendors, such as video surveillance systems, access control, intrusion sensors, alarm panels, fire and safety sensors, radars, among others. It can also fuse and display information from Geographical Information Systems (GIS) and Geographical Positioning Systems (GPS), to rapidly determine exact incident location, and how best to respond. It has been installed at dozens of implementations worldwide and is used by governments, transportation and critical infrastructure security organizations to enhance situational awareness, accelerate response time, improve situation resolution, consolidate operations and reduce Total Cost of Ownership (TCO). Orsus customers include among others, American Electric Power, Aqua America, Israel Air Force, National Guard of the United States, Port of Houston Authority, Transnet Freight Rail and Virginia Port Authority.
"Adding this solution to NICE's comprehensive security offering is a perfect fit to our strategy of building a unique offering that leverages our core competence in capturing, managing, and analyzing massive amounts of unstructured data, and combining them with state of the art proprietary security technology," said Israel Livnat, President of Security Group, NICE Systems Ltd. "This acquisition follows a successful partnership with Orsus. The integrated solution will help our customers overcome the challenge of managing multiple siloed security and safety systems, for better protecting city centers, transportation hubs and critical infrastructure. We look forward to having the team of industry leading innovators from Orsus join NICE," Mr. Livnat concluded.
"Joining NICE, a global security solutions provider powerhouse, is a great opportunity for Orsus" said Gil Weiser, Chief Executive Officer, Orsus. "Together, we'll expand our global outreach to support the security needs of customers across a wide range of vertical markets."
"As evident by our recent wins and strong backlog, our security business continues to generate significant growth opportunities, and we remain committed to further investing in, and developing it. The acquisition of Orsus serves as an important milestone in the execution of our strategy, and will fortify our strategic focus on leveraging NICE's core competence in capturing, managing and analyzing massive amounts of unstructured data, to accelerate the success of our security and enterprise businesses," said Zeevi Bregman, President and Chief Executive Officer, NICE Systems Ltd.
The acquisition is expected to close towards the end of the fourth quarter of 2009. Following completion of the acquisition, NICE expects to generate additional non-GAAP revenues of several millions of dollars in 2010 and to become accretive on a non-GAAP earnings per fully diluted share basis in the fourth quarter of 2010. For each of the first three quarters of 2010, NICE expects the deal to be slightly dilutive on a non-GAAP earning per fully diluted shares basis. These estimates exclude acquisition related expenses and amortization of acquired intangible assets as well as certain business combination.
The outlook provided may change as the integration proceeds and acquisition accounting is finalized.
About Orsus
Orsus is a pioneer and market leader in the field of situation management - a comprehensive and unique approach that coordinates the interaction between people, technologies, and responses. Orsus's flagship solution, Situator, gathers and correlates information from multiple and diverse systems across the enterprise and coordinates the response actions ensuring that everyone in the operational chain knows what is happening and what to do. Orsus is an international corporation headquartered in Israel with offices in the US. The open architecture of Orsus' Situator solution enables integration with a wide array of security and safety alerting sources from different vendors, such as video surveillance systems, access control, intrusion sensors, alarm panels, fire and safety sensors, radars and more, as well as operational and communications systems. More information is available at http://www.Orsus.com.
About NICE
NICE Systems (NASDAQ: NICE) is the leading provider of Insight from Interactions solutions and value-added services, powered by the convergence of advanced analytics of unstructured multimedia content and transactional data - from telephony, web, email, radio, video, and other data sources. NICE's solutions address the needs of the enterprise and security markets, enabling organizations to operate in an insightful and proactive manner, and take immediate action to improve business and operational performance and ensure safety and security. NICE has over 24,000 customers in more than 150 countries, including over 85 of the Fortune 100 companies. More information is available at http://www.nice.com/.
Forward Looking Statements
This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Messrs. Livnat and Bregman, are based on the current expectations of the management of NICE-Systems Ltd. (the Company) only, and are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of the global economic environment on the Company's customer base (particularly financial services firms) and the resulting uncertainties; changes in technology and market requirements; decline in demand for the Company's products; inability to timely develop and introduce new technologies, products and applications; difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel; loss of market share; pressure on pricing resulting from competition; and inability to maintain certain marketing and distribution arrangements. For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the Securities and Exchange Commission, including the Company's Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law.
Investors NICE Systems +1-877-245-7449
Daphna Golden ir@nice.com
Corporate Media Contact NICE Systems +1-877-245-7448
Galit Belkind Galit.belkind@nice.com
SOURCE NICE Systems
RA'ANANA, Israel, November 23 /PRNewswire-FirstCall/ -- Orsus' Situator provides a framework for fusing data silos from disparate security and safety systems as well as multiple command and control centers, into a single, holistic operational view and automating security procedures - The integration of Orsus' solution with NICE's security offering, including video, and vertical domain expertise, will enable NICE to provide a comprehensive pre-integrated portfolio of security management solutions tailored to protect city centers, transportation systems, critical infrastructure, and enterprise campuses - Acquisition expected to generate non-GAAP revenues of several millions of dollars in 2010 and to be accretive on a non-GAAP basis, within one year after closing
NICE Systems (NASDAQ: NICE) a leading global provider of advanced solutions that enable enterprises and security organizations to extract Insight from Interactions, transactions and surveillance to drive business performance, reduce risk and ensure safety, today announced the signing of a definitive agreement to acquire the security management solution assets of Orsus, a leading provider of Security Management Solutions. Under the terms of the agreement, NICE will be acquiring the security management solution assets of Orsus in an all-cash transaction for a total consideration of $22 million, subject to certain adjustments. The transaction is subject to the satisfaction of customary closing conditions and is anticipated to close towards the end of the fourth quarter of 2009.
The integration of Orsus' unique security management software with NICE's comprehensive security solutions, complemented by its vertical domain expertise, will enhance NICE's leadership position in the security market, and enable its customers and partners to better protect city centers, transportation systems, critical infrastructure, and enterprise campuses.
Critical incidents today are becoming more frequent and with more far-reaching consequences. In response, organizations have made massive investments in a wide range of security technologies and in corresponding manpower. However, these security tools often exist in different silos, which lead to information overload, making it difficult to get the complete picture and manage critical incidents effectively. Orsus' Situator security management solution provides a framework for fusing data silos from disparate security and safety systems as well as multiple command and control centers, into a single, holistic operational view and automating security procedures.
Situator's open architecture enables integration with a wide array of security and safety alerting sources from different vendors, such as video surveillance systems, access control, intrusion sensors, alarm panels, fire and safety sensors, radars, among others. It can also fuse and display information from Geographical Information Systems (GIS) and Geographical Positioning Systems (GPS), to rapidly determine exact incident location, and how best to respond. It has been installed at dozens of implementations worldwide and is used by governments, transportation and critical infrastructure security organizations to enhance situational awareness, accelerate response time, improve situation resolution, consolidate operations and reduce Total Cost of Ownership (TCO). Orsus customers include among others, American Electric Power, Aqua America, Israel Air Force, National Guard of the United States, Port of Houston Authority, Transnet Freight Rail and Virginia Port Authority.
"Adding this solution to NICE's comprehensive security offering is a perfect fit to our strategy of building a unique offering that leverages our core competence in capturing, managing, and analyzing massive amounts of unstructured data, and combining them with state of the art proprietary security technology," said Israel Livnat, President of Security Group, NICE Systems Ltd. "This acquisition follows a successful partnership with Orsus. The integrated solution will help our customers overcome the challenge of managing multiple siloed security and safety systems, for better protecting city centers, transportation hubs and critical infrastructure. We look forward to having the team of industry leading innovators from Orsus join NICE," Mr. Livnat concluded.
"Joining NICE, a global security solutions provider powerhouse, is a great opportunity for Orsus" said Gil Weiser, Chief Executive Officer, Orsus. "Together, we'll expand our global outreach to support the security needs of customers across a wide range of vertical markets."
"As evident by our recent wins and strong backlog, our security business continues to generate significant growth opportunities, and we remain committed to further investing in, and developing it. The acquisition of Orsus serves as an important milestone in the execution of our strategy, and will fortify our strategic focus on leveraging NICE's core competence in capturing, managing and analyzing massive amounts of unstructured data, to accelerate the success of our security and enterprise businesses," said Zeevi Bregman, President and Chief Executive Officer, NICE Systems Ltd.
The acquisition is expected to close towards the end of the fourth quarter of 2009. Following completion of the acquisition, NICE expects to generate additional non-GAAP revenues of several millions of dollars in 2010 and to become accretive on a non-GAAP earnings per fully diluted share basis in the fourth quarter of 2010. For each of the first three quarters of 2010, NICE expects the deal to be slightly dilutive on a non-GAAP earning per fully diluted shares basis. These estimates exclude acquisition related expenses and amortization of acquired intangible assets as well as certain business combination.
The outlook provided may change as the integration proceeds and acquisition accounting is finalized.
About Orsus
Orsus is a pioneer and market leader in the field of situation management - a comprehensive and unique approach that coordinates the interaction between people, technologies, and responses. Orsus's flagship solution, Situator, gathers and correlates information from multiple and diverse systems across the enterprise and coordinates the response actions ensuring that everyone in the operational chain knows what is happening and what to do. Orsus is an international corporation headquartered in Israel with offices in the US. The open architecture of Orsus' Situator solution enables integration with a wide array of security and safety alerting sources from different vendors, such as video surveillance systems, access control, intrusion sensors, alarm panels, fire and safety sensors, radars and more, as well as operational and communications systems. More information is available at http://www.Orsus.com.
About NICE
NICE Systems (NASDAQ: NICE) is the leading provider of Insight from Interactions solutions and value-added services, powered by the convergence of advanced analytics of unstructured multimedia content and transactional data - from telephony, web, email, radio, video, and other data sources. NICE's solutions address the needs of the enterprise and security markets, enabling organizations to operate in an insightful and proactive manner, and take immediate action to improve business and operational performance and ensure safety and security. NICE has over 24,000 customers in more than 150 countries, including over 85 of the Fortune 100 companies. More information is available at http://www.nice.com/.
Forward Looking Statements
This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Messrs. Livnat and Bregman, are based on the current expectations of the management of NICE-Systems Ltd. (the Company) only, and are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of the global economic environment on the Company's customer base (particularly financial services firms) and the resulting uncertainties; changes in technology and market requirements; decline in demand for the Company's products; inability to timely develop and introduce new technologies, products and applications; difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel; loss of market share; pressure on pricing resulting from competition; and inability to maintain certain marketing and distribution arrangements. For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the Securities and Exchange Commission, including the Company's Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law.
Investors NICE Systems +1-877-245-7449
Daphna Golden ir@nice.com
Corporate Media Contact NICE Systems +1-877-245-7448
Galit Belkind Galit.belkind@nice.com
SOURCE NICE Systems
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