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Press Release

Security Intelligence in Ecuador Benefits from Comprehensive Verint Solution

Mon Feb 2, 2015

Security Intelligence in Ecuador’s Principal Commercial and Manufacturing Center Experiences Benefits from Comprehensive Verint Solutions

City of Guayaquil Leverages Integrated Surveillance Platform to Share Intelligence Across Agencies, Expedite Investigations and Mitigate Crime

MELVILLE, N.Y., February 2, 2015 Verint® Systems Inc. (NASDAQ: VRNT) today announced that the city of Guayaquil, the largest city in Ecuador, is experiencing significant benefits after expanding its network of Verint IP-based video surveillance technologies last year.

As a critical component of the city’s proactive Safe City initiative, the Verint platform delivers tangible benefits, including expedited investigations, the ease of sharing of information with first responders and a reduction in criminal activities. Officials directly involved with these advances consider the solution a necessity to conduct business and help ensure the safety of the city.

As the nation’s principal commercial and manufacturing center and home to 3.74 million people, Guayaquil is located on the western bank of the Guayas River and is the capital of the Ecuadorian province of Guayas. Security and safety initiatives are spearheaded by the Guayaquil Corporation for Public Safety (Corporación para la Seguridad Ciudadana de Guayaquil, or CSCG), a non-profit municipal corporation that coordinates public safety efforts throughout the area.

Video surveillance plays a key role in helping the City of Guayaquil keep its citizens and tourists safe. As such, CSCG worked with systems integration firm Union Electrica Ecuador to expand its system by increasing the number of Verint IP Cameras in its surveillance network to 475. The robust network now includes more than 800 IP cameras, all of which are driven by Verint Video Management Software (VMS).

Leveraging Verint IP surveillance solutions, Guayaquil is able to extract video easily and send it to the appropriate agencies, resulting in faster, more conclusive investigations. It can also identify and rapidly respond to risky and/or volatile scenarios, and direct the appropriate agencies, such as fire and police. Advances in traffic control and streamlined waste management collection represent other benefits the city and its residents have experienced.

“Guayaquil benefits from a visionary organization that places great importance on technology investments that help improve security,” says Gustavo Zuñiga, president, CSCG. “Our vision for the city goes far beyond our current system. Due to the success of the Verint surveillance network and the role it’s played in crime reduction, we plan to continue to build onto the system.”

For CSCG, IP surveillance solutions offer greater capabilities than analog systems, helping officials locate and extract video easily and send it to the appropriate agencies for collaborative, more conclusive investigations. With the Verint Video Management Software solution, users can help streamline workflow within the security operations center and make sense of the vast amount of video and security data collected daily. It offers policy-based video distribution, networked video viewing and investigation management to help users rapidly detect, act and investigate security breaches and other threats. An intuitive user interface minimizes training requirements and streamlines system management.

“With the help of Verint solutions, the City of Guayaquil is able to expedite investigations and minimize crime, helping ensure a safe environment for visitors and residents,” adds Steve Weller, senior vice president and general manager, Verint Video and Situation Intelligence Solutions. “In environments with complex security needs, organizations can gain great value from open, scalable solutions and negate the need to reconfigure their entire system as business requirements evolve. Verint technologies help reduce complexities and costs, and enhance flexibility for future expansion, usability and value.”

About Verint Systems Inc.

Verint® (NASDAQ: VRNT) is a global leader in Actionable Intelligence® solutions. Actionable Intelligence is a necessity in a dynamic world of massive information growth because it empowers organizations with crucial insights and enables decision makers to anticipate, respond and take action. Verint Actionable Intelligence solutions help organizations address three important challenges: customer engagement optimization; security intelligence; and fraud, risk, and compliance. Today, more than 10,000 organizations in over 180 countries, including over 80 percent of the Fortune 100, use Verint solutions to improve enterprise performance and make the world a safer place. 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, 2014 and our Quarterly Report on Form 10-Q for the quarter ended October 31, 2014 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.

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