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Verint Analytics Solution Awarded for Innovation in Situational Awareness

Wed Jun 22, 2016

Verint Video Tracker Recognized by BUILDINGS Magazine for Delivering Enhanced Value to Enterprises

MELVILLE, N.Y., June 22, 2016Verint® Systems Inc. (Nasdaq: VRNT) today announced that its Verint Video Tracker solution has been named a 2016 “Money-Saving Product” by BUILDINGS Magazine. The publication’s editorial board selected this year’s award winners based on the solutions that offer today’s facility management the greatest impact, value and ability to enhance productivity.

Verint Video Tracker enables organizations to streamline proactive video monitoring. Leveraging the solution, users can enhance situational awareness and related efficiencies, and make it easier and faster to monitor, identify and take action on suspicious activities. The intelligent video solution also helps users identify the most relevant data to elevate the effectiveness of a facility’s security monitoring, reporting and response.

The solution applies advanced analytics to automate the tracking of individuals and activities through a range of camera views within a location or across sites. It can be used in real-time or forensically to identify, evaluate and respond to security events. Additionally, with Verint Video Tracker, organizations can significantly reduce investigation time, creating greater organizational efficiencies further increasing their return on investment.

“This honor speaks to Verint’s focus on helping our customers increase situational awareness in their businesses. By mitigating risk and leveraging actionable intelligence to drive faster, more informed decisions, they can help ensure security and safety levels of the highest order are maintained,” says Steve Weller, general manager, Verint Video and Situation Intelligence Solutions.

Verint Video Tracker will be offered as part of the Verint Situational Awareness Platform and will be generally available this month.

About Verint Systems Inc.

Verint® (Nasdaq: VRNT) is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization, security intelligence, and fraud, risk and compliance. Today, more than 10,000 organizations in 180 countries—including over 80 percent of the Fortune 100—count on intelligence from Verint solutions to make more informed, effective and timely decisions. Learn more about how we’re creating A Smarter World with Actionable Intelligence® 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, uncertainties and assumptions, 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, 2016, our Quarterly Report on Form 10-Q for the quarter ended April 30, 2016, 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, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.

VERINT, ACTIONABLE INTELLIGENCE, MAKE BIG DATA ACTIONABLE, CUSTOMER-INSPIRED EXCELLENCE, INTELLIGENCE IN ACTION, IMPACT 360, WITNESS, VERINT VERIFIED, KANA, LAGAN, VOVICI, GMT, VICTRIO, AUDIOLOG, CONTACT SOLUTIONS, 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.

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