Everbridge and WizNucleus Partner to Enhance Digital and Physical Security for World’s Largest Nuclear and Electric Grid Customers

Rhea-AI Summary

Everbridge, Inc. (NASDAQ: EVBG) partnered with WizNucleus to enhance digital and physical security for major nuclear and electric utility companies. This collaboration boosts the adoption of Everbridge's Critical Event Management (CEM) solutions, improving preparedness against various threats. WizNucleus brings expertise in nuclear security, allowing for compliance with regulations and faster technology adoption. Over 5,700 global customers rely on Everbridge to manage critical events effectively, enhancing operational resilience amid increasing cyber threats.

Positive

• Partnership with WizNucleus expands critical event management adoption in the energy sector.
• Access to Everbridge's CEM solutions enhances security preparedness for nuclear and electric grid customers.
• Over 5,700 global customers utilize Everbridge for critical event management, indicating strong market presence.

Negative

• None.

Everbridge, Inc. (NASDAQ: EVBG), the global leader in critical event management (CEM), and WizNucleus, provider of cyber and physical security solutions to nuclear and electric grid customers, today announced a partnership to increase digital and physical security for some of the world’s largest nuclear, electric, and other utility companies. The partnership helps expand CEM adoption within the energy industry.

Everbridge and WizNucleus Partner to Enhance Digital and Physical Security for World’s Largest Nuclear and Electric Grid Customers (Photo: Business Wire)

Through the partnership, WizNucleus customers gain seamless access to Everbridge’s CEM solutions, including Control Center, helping increase preparedness for a wide range of digital and physical threats. WizNucleus offers deep domain expertise in the operational and regulatory requirements of the nuclear industry, among other large enterprises. The company provides software, design engineering process, system integration, documentation and testing to support cyber and physical security to critical infrastructure customers. Together, Everbridge and WizNucleus tackle the highly specialized challenges power generation companies face in maintaining modular, scalable, upgradeable, and self-serviceable systems, while meeting strict federal regulations.

“Combining Everbridge’s global critical event management leadership along with our software suite enables us to address dynamic cyber, physical and emergency management threats effectively,” said Krish Shetty, CEO, WizNucleus. “We painstakingly select the highest quality partners, and we chose Everbridge out of numerous other companies because of their caliber and willingness to support the objectives of our mission-critical customers.”

Numerous U.S. power generation parent companies leverage Everbridge CEM as their corporate emergency management platform. Protection of critical infrastructure at large power and other facilities remains vital as instances of cyberattacks against major national providers increase, interrupting supply chains and impacted economies.

Recently, a large U.S. nuclear plant selected WizNucleus/Everbridge to replace their protected area security computer system previously maintained by a proprietary vendor for years. The nuclear facility selected the new PSIM (Physical Security Integration Management) system to comply with industry regulations, while enabling adoption of new security technologies faster in the future.

Over 5,700 global customers rely on Everbridge to keep their people safe and organizations running in anticipation of, or amid, critical events. Everbridge customers include some of the largest firms and leaders in their respective industries, including Fortune 1000 businesses such as Bristol Myers Squibb, Cisco, CVS Health, Goldman Sachs, Lowe’s, Tiffany & Co., and insurance providers like Anthem, chemical giant Dow, and telecom consumer electronics company Nokia, as well as some of Silicon Valley’s leading tech giants, global e-commerce firms, streaming media services, oil and natural gas providers, hotel and hospitality chains, automotive, courier delivery, aerospace and defense technology, air travel, and major car rental firms.

“We remain excited about our partnership with WizNucleus which enables Everbridge to expand critical event management adoption among major nuclear and electric grid providers amidst an increasingly volatile and uncertain global threat landscape,” said Vernon Irvin, Chief Revenue Officer at Everbridge. “For mission-critical infrastructure and energy providers, the ability to assess and successfully accelerate the response to, and mitigation of, cyber and physical threats often mean the difference in effectively protecting life safety and vital resources that power our communities.”

About WizNucleus

WizNucleus provides cyber and physical security solutions to nuclear and electric grid customers. The company’s Cyberwiz-Pro software is used by nuclear and electric enterprises to manage their cyber security programs. WizNucleus has a successful track record in delivering next-generation critical infrastructure cyber and physical security solutions that detect, assess, and automate compliance.

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 Organizations 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, cyberattacks or other incidents such as product recalls or supply-chain interruptions, over 5,700 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.

All Everbridge products are trademarks of Everbridge, Inc. in the USA and other countries. All other product or company names mentioned are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210608005702/en/

FAQ

What is the partnership between Everbridge and WizNucleus about?

Everbridge partnered with WizNucleus to enhance digital and physical security for major nuclear and electric utility companies through improved Critical Event Management solutions.

How does the Everbridge and WizNucleus partnership impact the energy sector?

The partnership facilitates the adoption of Everbridge's solutions, enabling better preparedness for cyber and physical threats in the energy industry.

What is Everbridge's role in critical event management?

Everbridge provides critical event management solutions that help organizations manage operational responses to various emergencies, including cyber threats.

How many customers does Everbridge have?

Everbridge serves over 5,700 global customers, including large firms in various industries, enhancing their ability to manage critical events.

What are the key benefits of Everbridge's CEM solutions?

Everbridge's CEM solutions improve organizational preparedness and response capabilities against a range of threats, ensuring safety and operational continuity.