Guardian(R) Recognizes Verint as Innovative Partner of the Year in Its Second Annual IT&SS Supplier Summit

MELVILLE, N.Y., Nov. 15 -- Verint Systems, an analytics company that sells software and hardware products for security, surveillance and business intelligence, issued the following news release:

Verint(R) Systems Inc. (Nasdaq: VRNT) today announced that it is the recipient of the "Innovative Partner of the Year" award by The Guardian Life Insurance Company of America, which recognizes Verint for empowering the organization with innovative and modern solutions needed to meet today's business challenges.

In a "Partner Innovation Challenge" sponsored by Guardian, Verint was selected from among 35 suppliers who are part of a unique Vendor Management Program. Guardian created the program in 2015 to encourage transparency and open dialogue with vendors, and to strengthen partnerships for solving business challenges.

With 25 million customers nationally and 9,000 employees, Guardian is one of the nation's largest mutual life insurers, a leading provider of employee benefits and the 2017 Harris Poll EquiTrend(R) Study's Life Insurance Brand of the Year. For six consecutive years, J.D. Power has recognized Guardian's retirement services contact center for outstanding customer experience. The company is achieving strong business results with Verint's customer engagement offerings, including enterprise workforce management (WFM) to engage and empower employees, improve customer experience, and simplify complex business challenges.

Verint's Workforce Optimization™ suite was singled out in Guardian's presentation of the award in September. "This partner has an innovative back office suite that is very collaborative and responsive," said Dan Johnson, CTO for Guardian. "The solution Verint provides for Guardian is focused on the outcomes that matter to us and it provides realistic ROIs. The company demonstrates advanced industry knowledge and focuses it on the challenges that we are trying to solve."

The Verint team described the challenge as perfectly aligned with its commitment to developing customers for life. "By enabling customers like Guardian to realize the full benefits of Verint solutions, we are transforming the way they engage with their customers," said Verint's Elan Moriah, President, Customer Engagement Solutions. "Leading organizations across industries and around the world choose Verint to help them elevate customer engagement to a competitive differentiator for their entire company and trust Verint to power their evolution toward modern customer engagement."

"We appreciate partners who look for creative ways that go beyond the traditional to add value to our relationships, encourage transparency and ensure our mutual success," said Rob Orzack, Senior Manager of Vendor Management, Guardian. "Our Innovation Challenge and our Vendor Management Program are all part of this. We have a formal process for suppliers to have open, ongoing communication with us on ways to leverage their tools for business advantage, and Verint clearly stood out in our challenge."

About Verint Systems Inc.

Verint(R) (Nasdaq: VRNT) is a global leader in Actionable Intelligence(R) 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(R) 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, 2017, our Quarterly Report on Form 10-Q for the quarter ended July 31, 2017, 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.

This document was posted showing the date: Nov. 14, 2017.