G.D. Goenka Public School Implements Comprehensive Nextiva IP Video Solution from Verint

Verint® Systems Inc. (NASDAQ: VRNT) today announced that G.D. Goenka Public School in Vasant Kunj, India has deployed the Nextiva® IP video solution across its campuses to help enhance the safety and security of students, faculty and assets.

G.D. Goenka Public School is part of the G.D. Goenka Group, a leading educational institution with over 17 years of excellence in the field of education, and operates campuses in Delhi and throughout India. Providing quality education to students from pre-school to post graduate studies, G.D. Goenka Public School offers the latest in educational aids, equipment and amenities, and state-of-the-art libraries and laboratories.

To help meet stringent security requirements for its educational campuses, the G.D. Goenka Group selected Kochhar Security Solutions to design the architecture of the video surveillance system, source the technology, provide systems integration and implementation services, and deliver post-implementation service and support. As part of the process, Verint’s Nextiva IP video platform was selected as the standard.

Installed in April 2011, the three G.D. Goenka Public School campuses located in Vasant Kunj are benefiting from Nextiva capabilities such as video management software, IP cameras and encoders, enabling a powerful, reliable and highly scalable security solution based on leading-edge IP video technology.

“We are extremely pleased with the partnership that Kochhar and Verint have demonstrated by deploying a proven, robust and reliable solution to meet our security requirements,” says Mr. A K Goenka, chairman, G.D. Goenka Group. “Using Nextiva, we are benefiting from 24x7 surveillance and recording that helps us execute against our security strategy, further advance safety and security across our campuses, keep pace with growth and increasing traffic volume, and equip our operations with high-caliber solutions that can evolve with us as our needs change.”

Adds Kochhar Security Solutions Vice President Manish Vig, “We partnered with Verint based on its reputation, proven, open and scalable solutions, and the Nextiva portfolio’s ability to meet our customers’ needs today and into the future—all without placing strain on their existing resources.”

Nextiva Video Management software, along with powerful IP cameras and video encoders, enable G.D. Goenka Public School to capture high-quality video images, optimize bandwidth and storage utilization, leverage flexible video search capabilities, and benefit from programmable video retention and storage. The Nextiva platform performs in conjunction with leading network storage technologies to continuously record and archive video data for viewing incidents in real-time from virtually anywhere. Verint improves management of video surveillance data from capture through monitoring, searching, protecting, securing, archiving and evidence authentication with a powerfully engineered portfolio of IP-based software solutions.

“Verint is pleased to be working with Kochhar Security Solutions to deliver a comprehensive, best-in-class solution that enhances security and helps mitigate risk at G.D. Goenka Public School,” says Debjit Das, vice president, global marketing, Verint Video Intelligence Solutions™. “As a global leader of networked IP video, we’re committed to the ongoing development of solutions that help premier educational institutions, like G.D. Goenka, advance safety and security, and enhance the effectiveness of their operations.”

About Kochhar Security Solutions

Kochhar Security Solutions, the system integration and innovative security solutions arm of Kochhar LexServe (www.klexserve.com), is India’s pre-eminent knowledge-driven solutions and services entity of the Kochhar Group (www.kochhar.com). Kochhar Security Solutions specializes in providing the highest quality of strategic security consulting services and other allied innovative security solutions including but not limited to Video/IP Surveillance, Perimeter Intrusion Protection, Biometrics, Access Control Systems, Time & Attendance System, Intruder Alarm System, Patrol Guard Control System, Metal Detection Devices, Baggage Scanners, Bomb Suppression Blankets, Information Security & Information Rights Management solutions, Cyber Surveillance & Forensics, E–discovery, Email Tracing and VA/PT.

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 the risk that we are unable to maintain and enhance relationships with key resellers, partners, and systems integrators. 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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