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Verisk Retail Launches LERPnet Falcon


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-06-10 16:05:04 -

MINNEAPOLIS, Minn., June 10, 2013 - Verisk Retail has launched LERPnet Falcon,
the third major release of the Law Enforcement Retail Partnership Network
(LERPnet) data-sharing platform. The new release adds greatly enhanced
performance and user-interface updates, providing retailers and law enforcement
with a significantly improved experience for sharing incidents related to retail
crime. Verisk Retail is a unit of Verisk Analytics (Nasdaq:VRSK), a leading
source of information about risk.

"The exceptional enhancements in responsiveness, functionality, and user
experience will be noticed immediately," said Johnny Custer, LERPnet program
director. "LERPnet Falcon is the culmination of invaluable input and guidance
from our user group, Retail Advisory Board, and Law Enforcement Council. We're
excited to see the LERPnet platform continue to evolve to meet the changing
needs of both our retail and law enforcement users."

LERPnet 
is a browser-based solution, allowing the system to be updated and improved without downtime, complex rollouts, or internal IT support. This significant update is immediately available and presented to all users upon login to the system. "Verisk Retail is looking forward to bringing collaboration to retailers and law enforcement via the LERPnet solution," added David Duhaime, vice president of Verisk Crime Analytics. "Verisk Retail continues to invest in the integration of data sources to bring meaningful insights and to facilitate internal and external collaboration around data analytics for our retailer partners." LERPnet is one of more than 15 retail-oriented solutions within the Verisk Retail suite of analytics solutions. First launched in 2007 as a joint effort of the Federal Bureau of Investigation, the Retail Industry Leaders Association (RILA), the National Retail Federation (NRF), and the Food Marketing Institute (FMI), LERPnet is a secure, national system designed to bring local, state, and federal law enforcement agencies and retailers together through its unique information-sharing and crime-tracking capability. With the ongoing support and endorsement of NRF, RILA, and FMI, Verisk Retail assumed and has maintained responsibility for LERPnet since 2011. Additional information can be found at www.lerpnet.com. About Verisk Retail Verisk Retail, a unit of Verisk Analytics (Nasdaq:VRSK), is a leading provider of loss prevention and risk management solutions for retailers and offers related data and analytical support to law enforcement. Verisk Retail provides a comprehensive suite of data management, analytic, and theft prevention solutions that employ prediction, mitigation, response, and recovery strategies. Verisk Retail's vast offerings are designed to bring enterprise-wide analytics to both small and large retailers alike. For more information, visit www.veriskretail.com. About Verisk Analytics Verisk Analytics (Nasdaq:VRSK) is a leading provider of risk assessment solutions to professionals in insurance, healthcare, mortgage, government, and risk management. Using advanced technologies to collect and analyze billions of records, Verisk Analytics draws on vast industry expertise and unique proprietary data sets to provide predictive analytics and decision support solutions in fraud prevention, actuarial science, insurance coverages, fire protection, catastrophe and weather risk, data management, and many other fields. In the United States and around the world, Verisk Analytics helps customers protect people, property, and financial assets. For more information, visit www.verisk.com. Contact: Erica Helton/Giuseppe Barone MWW Group (for Verisk Retail) 201-507-9500 ehelton@mww.com gbarone@mww.com This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Verisk Analytics Inc. via Thomson Reuters ONE [HUG#1708348]


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