Verint Named Finalist in Info Security Products Guide’s Global Excellence Awards

Company’s Nextiva Video Business Intelligence Solution Selected as Finalist in “Security Products and Solutions for Retail” Category

MELVILLE, N.Y.--()--Verint® Systems Inc. (NASDAQ: VRNT) today announced that Info Security Products Guide, the industry's leading information security research and advisory guide, has named its Nextiva® Video Business Intelligence (VBI) solution as a finalist in the 2013 Global Excellence Awards in the Security Products and Solutions for Retail category. These prestigious global honors recognize security and IT vendors with advanced, ground-breaking products and solutions that are helping set the bar higher in all areas of security and technology.

Nextiva Video Business Intelligence is a comprehensive solution designed to help forward-thinking retail organizations capture and analyze shopper movement patterns to help enhance in-store customer experiences and satisfaction, increase conversion rates and improve operational efficiency. Part of Verint’s award-winning Nextiva portfolio, it comprises a broad range of functionality—from video recording and analysis, to real-time data acquisition, to the correlation of shopper traffic with other information sources—that helps expand the application of retailers’ video security infrastructures by using video from existing surveillance cameras to gain insight about customer behavior patterns. Built upon Verint’s many years of experience in capturing, analyzing and distilling unstructured data, Nextiva Video Business Intelligence helps retailers make informed decisions about marketing, merchandising and staffing to support better customer experiences and stronger sales.

“We are proud to be recognized by Info Security Products Guide as an innovator in the industry and specifically for receiving a top finalist distinction in the security solutions retail category,” says Steve Weller, senior vice president and general manager, Verint Video and Situation Intelligence Solutions. “This recognition further reinforces our focus on customers and our commitment to helping meet the evolving needs and requirements they face in such key areas as safety, security, the customer experience and enterprise performance.”

About Info Security Products Guide Awards

SVUS Awards organized by Silicon Valley Communications are conferred in four annual award programs: The Info Security’s Global Excellence Awards, The IT Industry’s Hot Companies and Best Products Awards, The Golden Bridge Business and Innovation Awards, and Consumer Products Guide’s Best Choice Awards. These premier awards honor organizations of all types and sizes from all over the world, including people behind them, the products, performance, PR and marketing. To learn more, visit www.svusawards.com.

Info Security Products Guide will formally announce individual category winners of its 9th Annual Info Security’s Global Excellence Awards on February 27.

About Verint Video and Situation Intelligence Solutions

Verint® Video and Situation Intelligence Solutions help protect people, property and assets, and enhance operational efficiency. The award-winning Nextiva® portfolio delivers a sophisticated framework for capturing enterprise-wide IP video and other security and operational information, and provides users with integrated analytics, situation management and operational management capabilities. Designed for use across the enterprise, finance, retail and critical infrastructure markets, Verint solutions help address the top security and operations challenges facing today’s organizations through advanced security and business intelligence, vertical solutions and subject matter expertise.

About Verint Systems Inc.

Verint® (NASDAQ: VRNT) is the global leader in Actionable Intelligence® solutions and value-added services. Its extensive portfolio of Enterprise Intelligence Solutions and Security Intelligence Solutions helps worldwide organizations capture and analyze complex, underused information sources—such as voice, video and unstructured text—to enable more timely, effective decisions. More than 10,000 organizations in 150 countries, including over 85 percent of the Fortune 100, use Verint solutions to improve enterprise performance and make the world a safer place. Headquartered in N.Y. and a member of the Russell 3000 Index, Verint has offices worldwide and an extensive global partner network. Learn more at www.verint.com.

This press release contains forward-looking statements, including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management's expectations that involve a number of risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2012 and our Quarterly Report on Form 10-Q for the quarter ended October 31, 2012, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, the Company assumes no obligation to update or revise them or to provide reasons why actual results may differ.

VERINT, ACTIONABLE INTELLIGENCE, INTELLIGENCE IN ACTION, IMPACT 360, WITNESS, VERINT VERIFIED, VOVICI, GMT, AUDIOLOG, ENTERPRISE INTELLIGENCE SOLUTIONS, SECURITY INTELLIGENCE SOLUTIONS, VOICE OF THE CUSTOMER ANALYTICS, NEXTIVA, EDGEVR, RELIANT, VANTAGE, STAR-GATE, ENGAGE, CYBERVISION, FOCALINFO, SUNTECH, and VIGIA are trademarks or registered trademarks of Verint Systems Inc. or its subsidiaries. Other trademarks mentioned are the property of their respective owners.

Contacts

Verint Systems
Industry Information
Courtney Mamuscia, 303-254-7150
courtney.mamuscia@verint.com
or
Verint Systems
Investor Relations
Alan Roden, 631-962-9304
alan.roden@verint.com

Contacts

Verint Systems
Industry Information
Courtney Mamuscia, 303-254-7150
courtney.mamuscia@verint.com
or
Verint Systems
Investor Relations
Alan Roden, 631-962-9304
alan.roden@verint.com