SoundThinking, Inc. renews partnership with NYPD for $43 million in case management software and services over three years.
Quiver AI Summary
SoundThinking, Inc. has announced the renewal of its partnership with the New York City Police Department (NYPD) for its subsidiary TechnoLogic Solutions, which provides enterprise resource and investigative case management software and services. The renewed contract, valued at approximately $43 million over three years, continues a 19-year collaboration that has seen TechnoLogic support over 35,000 active NYPD users through a range of applications including police records management and personnel management. This partnership reinforces the trust the NYPD places in SoundThinking's technology-driven solutions and highlights the company's commitment to enhancing public safety in New York City.
Potential Positives
- SoundThinking, Inc. secured a significant $43 million contract renewal with the NYPD, ensuring continued partnership for three years, which highlights the company's reliability in providing essential public safety technology.
- The renewal of the partnership underscores the strong 19-year history of collaboration between TechnoLogic and the NYPD, reflecting the effectiveness and trustworthiness of their software solutions in law enforcement operations.
- This contract supports more than 35,000 active users within the NYPD, indicating a broad impact on law enforcement operations and the importance of the technology provided by SoundThinking.
- The press release emphasizes SoundThinking's commitment to innovation in public safety and reinforces its reputation as a leader in technology-driven policing solutions, contributing to community safety.
Potential Negatives
- Renewal of the partnership may indicate a dependence on a single major client, which could pose risks if future contracts do not materialize.
- The press release does not disclose any plans for technological upgrades or innovations, which may raise concerns about the company's ability to adapt in a fast-evolving technological landscape.
- The contract's lengthy renewal period of three years might suggest limited potential for immediate growth or new business opportunities in the short term.
FAQ
What is the purpose of SoundThinking's partnership with NYPD?
The partnership provides law enforcement with enterprise resource and investigative case management software and services.
How long is the renewed contract with NYPD?
The renewed contract is valued at approximately $43 million over a 3-year term.
What applications does TechnoLogic provide to NYPD?
Applications include Police Records Management, Personnel Management, Warrants, and Medical Case Management, among others.
How many users does the case management system support within NYPD?
The system serves and supports more than 35,000 active users within the NYPD.
What technology solutions does SoundThinking offer?
SoundThinking offers AI-driven solutions like ShotSpotter, CrimeTracer, and SafePointe for public safety and law enforcement.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
Summary: SoundThinking, Inc. today announced a renewal of its partnership with the New York City Police Department for TechnoLogic, its subsidiary providing enterprise resource and investigative case management software and services.
FREMONT, Calif., March 20, 2025 (GLOBE NEWSWIRE) --
SoundThinking, Inc.
(Nasdaq: SSTI), a leading public safety technology provider, today announced that the New York City Police Department (NYPD) is renewing its contract with TechnoLogic Solutions, LLC, a SoundThinking subsidiary (formerly LEEDS, LLC) to provide law enforcement enterprise resource and investigative case management software and services. Total contract value is approximately $43 million over a 3-year term.
TechnoLogic and its predecessors have supported NYPD for the past 19 years with a customized enterprise resource and case management software solution. Applications include, but are not limited to: Police Records Management, Prisoner Arraignment, Summonses, Complaints and Arrests, Personnel Management, Juvenile Apprehension, Warrants, Property and Evidence Management, Command Discipline, and Medical Case Management. Together, these applications serve and support more than 35,000 active users within NYPD.
“This renewal is a testament to our strong partnership with the NYPD, validating our capabilities and scale as a trusted provider of technology-driven policing solutions,” said Nasim Golzadeh, EVP, Investigative Solutions of SoundThinking. “We take great pride in our role in developing innovative tools that empower NYPD and contribute to the safety and well-being of New Yorkers.”
About SoundThinking
SoundThinking, Inc. (Nasdaq: SSTI) is a leading public safety technology company that delivers AI- and data-driven solutions for law enforcement, civic leadership, and security professionals. SoundThinking is trusted by more than 300 customers and has worked with approximately 2,100 agencies to drive more efficient, effective, and equitable public safety outcomes. The company’s SafetySmart
TM
platform includes ShotSpotter
®
, the leading acoustic gunshot detection system; CrimeTracer
TM
, the leading law enforcement search engine; CaseBuilder
TM
, a one-stop investigation management system; ResourceRouter
TM
, software that directs patrol and community anti-violence resources to help maximize their impact; SafePointe
®
, an AI-based weapons detection system; and PlateRanger powered by Rekor, a leading ALPR solution. SoundThinking has been designated a Great Place to Work
®
Company.
Company Contact:
Jerome Filip, PR Manager
SoundThinking, Inc.
+1 (510) 203-0934
jfilip@soundthinking.com
Investor Relations Contact:
Ankit Hira
Solebury Strategic Communications for SoundThinking, Inc.
+1 (203) 546-0444
ahira@soleburystrat.com
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
