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Verint FaceDetect™ Honored with 2018 Innovative Product Award

September 25, 2018

MELVILLE, N.Y. & LAS VEGAS--(BUSINESS WIRE)--Sep 25, 2018--Verint ® Systems Inc. (Nasdaq: VRNT) today announced it is the recipient of a 2018 Innovative Product Award from Global Security Exchange for its Verint FaceDetect™ solution.

Affiliated with ASIS International, the Innovative Products Awards is an esteemed program that highlights the most innovative, cutting-edge, and forward-thinking security solutions coming onto the market today. The program is specifically designed to honor solutions that deliver enhanced value, benefit and intelligence to end users in a variety of vertical markets. Verint FaceDetect was selected for its ability to help mission-critical organizations streamline investigations and empower operators to make more rapid, better informed decisions.

Verint FaceDetect is different from other facial recognition solutions because it leverages artificial intelligence to imitate a human’s ability to recognize persons of interest. Through advanced deep learning technology, the solution adapts to and learns from new scenarios, similar to how the human brain operates. A GPU-based system designed to achieve optimum performance, accuracy, and scalability, FaceDetect excels at delivering highly accurate facial recognition in real-world environments where heavily populated and diverse subject matter are the norm.

Verint FaceDetect can be easily added to existing infrastructure, supporting video streams from any IP camera, including PTZ devices. Based on the latest GPU technology, the solution is highly scalable, supporting up to 10 cameras per GPU. In addition to identifying individuals regardless of partial obstructions, suspect aging, disguises, and ethnicity, deep integration with Verint Enterprise VMS allows for real-time and forensic comparison against watch lists with millions of faces and allows the instantaneous addition of suspects to those lists.

“We are honored to be recognized for our technical achievements by GSX and ASIS International for advances in our facial recognition platform. This award is a clear indication that FaceDetect helps enable security leaders to gather intelligence more easily and take a more proactive approach to security,” said Verint’s Alan Stoddard, senior vice president and general manager, situational intelligence solutions. “As a trusted partner to enterprise-class organizations across the globe, Verint is dedicated to delivering advanced technologies that enable global businesses to enhance security through the delivery of actionable intelligence.“

To learn more about Verint solutions for situational intelligence, visit booth #1917 at GSX 2018, Sept. 25-27, at the Las Vegas Convention Center, or click here.

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, over 10,000 organizations in more than 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, 2018, our Quarterly Report on Form 10-Q for the quarter ended July 31, 2018, 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, THE CUSTOMER ENGAGEMENT COMPANY, NEXT IT, OPINIONLAB, TERROGENCE, SENSECY, CUSTOMER ENGAGEMENT SOLUTIONS, CYBER INTELLIGENCE SOLUTIONS, EDGEVR, RELIANT, VANTAGE, STAR-GATE, 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180925005239/en/

CONTACT: Verint Systems Inc.

Media Relations

Colleen Gustitus

colleen.gustitus@verint.com

or

Investor Relations

Alan Roden

alan.roden@verint.com

KEYWORD: UNITED STATES NORTH AMERICA NEVADA NEW YORK

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HARDWARE SOFTWARE AUDIO/VIDEO SECURITY

SOURCE: Verint Systems Inc.

Copyright Business Wire 2018.

PUB: 09/25/2018 08:30 AM/DISC: 09/25/2018 08:30 AM

http://www.businesswire.com/news/home/20180925005239/en

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