Everbridge, Inc. (NASDAQ: EVBG), the global leader in critical event management (CEM), today announced that the United States General Services Administration (GSA) selected the companys Mass Notification platform to better protect the federal agencys employees, facilities, and operations across more than 700 federally-owned and leased locations. Everbridges market-leading mass notification platform surpassed 5 billion communications on behalf of organizations around the world in 2020 alone. As COVID-19 impacted the GSAs regional offices, field offices, and processing centers, much of the agencys staff shifted to working remotely, a change which presented Duty of Care challenges to keeping employees safe and informed amid a variety of increasing threats such as a global pandemic, hurricanes, wildfires, cyberattacks, IT outages and more.
The threats that organizations face are constantly evolving. Leveraging a unified solution with situational awareness to know where your people and assets are, combined with the ability to coordinate and communicate across all stakeholders, could be the difference between success or failure, said Mike Mostow, Vice President of Federal at Everbridge. We are proud to enter into a partnership with the General Services Administration to help them mitigate risks quickly and decisively.
GSA joins more than 70 Federal agencies supported by the Everbridge CEM platform including the Federal Communications Commission, the U.S. Nuclear Regulatory Commission, the Departments of Defense, Commerce, Energy, Interior, Justice, and Health and Human Services, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Environmental Protection Agency, the National Cancer Institute, and the Peace Corps.
Several current and former government leaders spoke at Everbridges recent COVID-19 R2R: The Road to Recovery virtual leadership summit including the 43rd President of the United States George W. Bush, Mississippi Governor Tate Reeves, Former Lieutenant Governor of Florida Carlos Lopez-Cantera, and Miami Mayor Francis Suarez. Government leaders discussed strategies and initiatives for protecting the public and re-opening the economy amid COVID-19. Tens of thousands of senior executives, government officials and healthcare experts from 150 countries attended Everbridges COVID-19 Road to Recovery summits in 2020.
This momentum in the Federal space follows Everbridges renewal of its Federal Risk and Authorization Management Program (FedRAMP) Agency Authorization, which represents the federal governments most rigorous security and risk management review process for cloud products and services. The FedRAMP Program Management Office (PMO) certifies that Everbridge meets the standards for the 325 controls in the FedRAMP Moderate baseline and passed the rigorous security and risk management renewal process required to support the operational resilience needs of federal agencies like the GSA.
About the United States General Services Administration
The General Services Administration (GSA) is an independent agency of the United States government established in 1949 to help manage and support the basic functioning of federal agencies. GSA supplies products and communications for U.S. government offices, provides transportation and office space to federal employees, and develops government-wide cost-minimizing policies and other management tasks. GSA employs about 12,000 federal workers and has an annual operating budget of roughly $20.9 billion. GSA oversees $66 billion of procurement annually. It contributes to the management of about $500 billion in U.S. federal property, divided chiefly among 8,700 owned and leased buildings and a 215,000 vehicle motor pool.
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 Keep People Safe and Businesses 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, cyber-attacks or other incidents such as product recalls or supply-chain interruptions, over 5,400 global customers rely on the Companys 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 devices, 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, 2019 filed with the SEC on February 28, 2020. 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.
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