Veritone Expands its Approved Applications with the Executive Office of the U.S. Attorneys
06 Agosto 2024 - 12:00PM
Business Wire
Department of Justice division adds Veritone’s
Illuminate, Track, Redact and Automate Studio solutions to its
existing use of aiWARE™ for Relativity
Veritone, Inc. (NASDAQ: VERI), a leader in building
human-centered enterprise AI solutions, today announced the
expansion of its Authorization to Operate (ATO) with the Executive
Office of the U.S. Attorneys (EOUSA), a subagency of the Department
of Justice (DOJ) representing the federal government in court. The
ATO now includes Veritone's Illuminate, Track, Redact – components
of Veritone’s Intelligent Digital Evidence Management System
(iDEMS) – and Automate Studio, in addition to its current aiWARE™
for Relativity integration. The expanded ATO follows Veritone’s
Blanket Purchase Agreement (BPA) with the DOJ valued at $15 million
issued last year.
The EOUSA, responsible for supporting the operations of the 94
U.S. Attorneys' court districts nationwide, initially adopted
Veritone’s aiWARE for Relativity to enhance their eDiscovery and
legal review processes in 2019. With this expanded contract, the
EOUSA will be able to leverage Veritone Illuminate to accelerate
data analysis, Veritone Track to track vehicle(s) and person(s) of
interest without the use of personal identifiable information (PII)
for criminal investigations and legal matters, Veritone Redact to
help ensure sensitive information is protected and Veritone
Automate Studio to streamline workflow processes. All of these
solutions are readily available to U.S. Attorneys’ offices through
the FedRAMP Marketplace.
"We are honored to deepen our partnership with the Executive
Office of the U.S. Attorneys, Veritone’s original sponsor with the
Department of Justice," said Jon Gacek, general manager, Public
Sector, Veritone. "The expanded authorization of Veritone solutions
comes at a time when agencies are grappling with a growing volume
of unstructured audio and video data, and our tools play a pivotal
role to automate workflows and supercharge their teams with AI
technology.”
According to the Gartner® Top Technology Trends in Government
for 2024 (published March 20, 2024) predictions, “By 2026, more
than 70% of government agencies will use AI to enhance human
administrative decision making and will measure the productivity
increases achieved that way.”*
Gacek added, “The $15 million BPA secured by Veritone last year,
a substantial increase from the original EOUSA IDIQ contract
agreement of $200,000 in 2019, underscores the growing opportunity
for Veritone solutions in the DOJ. Business case requirements in
the public sector are exceptionally stringent, so the expanded
agreement validates the robust and secure solutions we provide and
highlights our commitment to supporting critical government
operations. This partnership reinforces Veritone’s role in driving
innovation and efficiency within the DOJ and other public sector
agencies.”
In addition to the EOUSA, Veritone has ATOs and solutions
deployed with other DOJ agencies, including the National Security
Division, Antitrust Division, the Bureau of Prisons and the
Environmental Protection Agency.
For more information about Veritone’s public sector offerings,
visit: https://www.veritone.com/solutions/public-sector/
*GARTNER is a registered trademark and service mark of Gartner,
Inc. and/or its affiliates in the U.S. and internationally and is
used herein with permission. All rights reserved.
About Veritone
Veritone (NASDAQ: VERI) builds human-centered enterprise AI
solutions. Serving customers in the media, entertainment, public
sector and talent acquisition industries, Veritone’s software and
services empower individuals at the world’s largest and most
recognizable brands to run more efficiently, accelerate decision
making and increase profitability. Veritone’s leading enterprise AI
platform, aiWARE™, orchestrates an ever-growing ecosystem of
machine learning models, transforming data sources into actionable
intelligence. By blending human expertise with AI technology,
Veritone advances human potential to help organizations solve
problems and achieve more than ever before, enhancing lives
everywhere. To learn more, visit Veritone.com.
Safe Harbor Statement
This news release contains forward-looking statements. Without
limiting the generality of the foregoing, words such as “may,”
“will,” “expect,” “believe,” “anticipate,” “intend,” “could,”
“estimate” or “continue” or the negative or other variations
thereof or comparable terminology are intended to identify
forward-looking statements. In addition, any statements that refer
to expectations, projections or other characterizations of future
events or circumstances are forward-looking statements. Assumptions
relating to the foregoing involve judgments and risks with respect
to various matters which are difficult or impossible to predict
accurately and many of which are beyond the control of Veritone.
Certain of such judgments and risks are discussed in Veritone’s SEC
filings. Although Veritone believes that the assumptions underlying
the forward-looking statements are reasonable, any of the
assumptions could prove inaccurate and, therefore, there can be no
assurance that the results contemplated in forward-looking
statements will be realized. In light of the significant
uncertainties inherent in the forward-looking information included
herein, the inclusion of such information should not be regarded as
a representation by Veritone or any other person that their
objectives or plans will be achieved. Veritone undertakes no
obligation to revise the forward-looking statements contained
herein to reflect events or circumstances after the date hereof or
to reflect the occurrence of unanticipated events.
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version on businesswire.com: https://www.businesswire.com/news/home/20240806332733/en/
Media Contact:
Valerie Christopherson or Lora Metzner Global Results Comms
(GRC) +1 949 608 0276 Veritone@globalresultspr.com
Sarah Rich Veritone srich@veritone.com
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