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Nice Ltd. — Regulatory Filings 2005
Dec 5, 2005
6950_rns_2005-12-05_3f01980d-1181-4286-8a1b-ee3622dbef57.pdf
Regulatory Filings
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Insight from Interactions™
NICE Systems Limited > T 972 9 775 3777 F 972 9 743 4282 8 Hapnina Street POB 690 E [email protected] Ra’anana 43107 Israel
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NICE To Enhance Security at De Beers Mining Operations Worldwide
NICE awarded preferred supplier status by diamond supplier De Beers to provide smart digital video and audio capture and content analytics
Ra'anana, Israel, December 05, 2005 - NICE Systems (NASDAQ: NICE), the global provider of advanced solutions that enable organizations to extract Insight from Interactions™, today announced that it has been awarded preferred supplier status by the De Beers Group, the largest supplier of rough diamonds in the world. NICE has already received orders in excess of $1 million for its advanced video security solutions, with deployment underway and the companies are currently formalizing a contract covering the supply of NICE technology to enhance security at its diamond mining, sorting and other sites around the world.
During an ongoing implementation program, NICE advanced digital video solutions will replace existing analogue systems as and when dictated by the business case for these technology upgrades. These systems will allow De Beers to continue to maintain its operational standards and facilitate better decision making across De Beers’ land and sea mining environment[, from the exploration and mining process through to the sorting of the diamonds,] by providing real-time monitoring and security threat detection. The NICE solution provides De Beers with consistent high-quality video with content analytics, multiple site monitoring, automatic alarm management, advanced transmission and high-performance recording.
NICE was selected after a rigorous selection process initiated by De Beers to identify a preferred provider of critical security surveillance solutions. The process, which included market surveys, laboratory evaluations as well as proof of concept testing on group operations alongside other short-listed solutions, resulted in the provisional selection of NICE late in 2004. This provisional status has now been formalized.
The selection process extended beyond technical, functional and pricing issues. With the intention being to develop a long term relationship, criteria applied by De Beers included sustainable global support, a willingness to participate in identifying and quantifying business value and an openness to factoring De Beers needs into future solution development.
Doron Eidelman, President of NICE’s digital video security division said, “NICE is delighted to be selected as the preferred supplier of smart digital video and content analytics solutions for De Beers. We look forward to building a solid, long lasting relationship with the ability to move technology forward to encompass the broad spectrum of diamond mining, processing and other activities.”
About NICE
NICE Systems (NASDAQ: NICE) is the leading provider of Insight from Interactions™, based on advanced content analytics - of telephony, web, radio and video communications. NICE's solutions improve business and operational performance, as well as security. NICE has over 23,000 customers in 100 countries, including the world's top 10 banks and over 75% of the Fortune 100 companies. More information is available at www.nice.com.
Media Contact
Galit Belkind NICE Systems +1 877 245 7448 [email protected] Investors Contact Sigal Elly NICE Systems +1 877 245 7449 [email protected]
Trademark Note: 360[0] View, Agent@home, Big Picture Technology®, Executive Connect®, Executive Insight*, Experience Your Customer®, Investigator, Last Message Replay, Lasting Loyalty, Listen Learn Lead®, MEGACORDER, Mirra®, My Universe, NICE®,
NiceAdvantage®, NICE Analyzer, NiceCall®, NiceCLS, NiceCMS, NICE Feedback, NiceFix, NiceGuard, NICE Learning, NICE Link, NiceLog®, NICE Perform, ScreenSense, NiceScreen, NiceSoft, NICE Storage Center, NiceTrack, NiceUniverse®, NiceUniverse LIVE, NiceVision®, NiceVision ALTO, NiceVision Harmony®, NiceVision Mobile®, NiceVision Pro®, NiceVision Virtual®, NiceWatch, Renaissance®, Scenario Replay, Secure Your Vision, Tienna®, TrunkNet®, Universe®, Wordnet® and other product names and services mentioned herein are trademarks and registered trademarks of NICE Systems Ltd. All other registered and unregistered trademarks are the property of their respective owners.
*In Australia only
This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations of the management of NICE Systems Ltd. (the Company) only, and are subject to a number of risk factors and uncertainties, including but not limited to 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, which could cause the actual results or performance of the Company to differ materially from those described therein. We undertake no obligation to update these forward-looking statements. 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.