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Verint Expands Its Nextiva Video Business Intelligence Solution for Retail Operations

Verint's Nextiva VBI leverages video extracted from existing surveillance cameras to provide accurate and holistic data about customer behavior patterns. Key enhancements to the solution include real-time metrics and advanced, user-friendly dashboards that can drive further enhanced business value in retail environments.

• Store Performance Management
  Nextiva VBI counts people with an accuracy rate that can be greater than 95 percent, even under varying light and heavy traffic conditions, a substantial improvement over traditional technologies. In combination with POS data, Nextiva VBI's store performance management capabilities provide in-store department managers, store managers, regional managers and corporate management with reliable metrics to benchmark store performance, including identifying trends. Retail organizations can use shopper conversion rates from Nextiva VBI to compensate and incentivize their sales staff, cultivating a customer-centric culture.
• Workforce Management
  Nextiva VBI captures and analyzes shopper traffic movements and patterns to help store managers make better staffing and scheduling decisions. Advanced, user-friendly dashboards provide real-time reports on actual and predicted queue lengths and wait times. With this insight, retail organizations can schedule staff according to actual customer volumes, enabling better customer service and experiences, and higher margins.

• Marketing and Merchandising
  Nextiva VBI captures in-store customer behavior to help measure the success rate of marketing and advertising promotions. Armed with this insight, retailers can make better, more informed decisions to enhance such aspects as store layout, product placement and promotional displays.

• Customer Experience Management
  Nextiva VBI's easy-to-use interface enables retailers to quickly search for pertinent data, such as when customers frequent a store the most, how long they dwell in specific areas and what they experience in terms of typical wait time in lines. With this insight, retail organizations can reduce their reliance on soft data by replacing it with real-world information that can be used to improve the customer experience.

"Our recent enhancements to the Nextiva Video Business Intelligence solution leverage the power of video analytics to provide retail organizations with simple, relevant and actionable business metrics that are otherwise hard to obtain real data on," says Debjit Das, vice president of global marketing, Verint Video Intelligence Solutions. "We are pleased to introduce enhancements to our VBI solution that will enable our customers to harness their video infrastructures to gain maximum business value and Actionable Intelligence."

To learn more about the Nextiva Video Business Intelligence solution and the complete Nextiva IP Video portfolio, join Verint at Booth #2450 during ASIS International or visit www.verint.com/videosolutions.

About Verint Video Intelligence Solutions

Verint Video Intelligence Solutions is the leading global provider of networked video solutions designed to enhance the security of people, property and assets. Its award-winning Nextiva portfolio features IP video and physical security information management software, integrated analytics, encoders, cameras, wireless devices and intelligent NVRs for use across a variety of vertical market environments. Open, standards-based and IT friendly, Verint solutions help organizations realize the benefits of IP video leveraging their legacy video investments.

About Verint Systems Inc.

Verint Systems Inc. is a global leader in Actionable Intelligence solutions and value-added services. Our solutions enable organizations of all sizes to make timely and effective decisions to improve enterprise performance and make the world a safer place. More than 10,000 organizations in over 150 countries-including over 85 percent of the Fortune 100-use Verint solutions to capture, distill, and analyze complex and underused information sources, such as voice, video and unstructured text. Headquartered in Melville, New York, we support our customers around the globe directly and with an extensive network of selling and support partners. Verint is listed on the NASDAQ Stock Market under the symbol "VRNT." Visit us at our website 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, including risks associated with keeping pace with technological changes and evolving industry standards in our product offerings and with successfully introducing new, quality products which meet customer needs and achieve market acceptance. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the year ended January 31, 2011 and our Quarterly Report on Form 10-Q for the quarter ended July 31, 2011. 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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Verint Systems Inc.
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