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Verint’s Conversational AI Wins Top Honors in Awards for Excellence, Innovation

MELVILLE, N.Y.--(BUSINESS WIRE)--

Named “Best Chatbot Solution” in 2019 AI Breakthrough Awards; Helps Contact Centers Achieve Breakthroughs in Improved Agent Productivity and Customer Experience

Verint® Systems Inc. (VRNT), The Customer Engagement Company, today announced that its leadership in the artificial intelligence (AI) market has again been recognized in the AI Breakthrough Awards. The Verint Intelligent Virtual Assistant (IVA), a conversational AI solution that helps companies extend self-service options across the channels their customers prefer, was named “Best Chatbot Solution” for 2019 in the annual awards*.

Verint’s IVA capabilities are the story of success behind SGT STAR, the U.S. Army’s IVA that meets with about 900 people a day online and has generated more than 11,000 leads for the Army’s recruiting team. The same Verint capabilities power IVAs launched by many other organizations across a wide range of industries. The Verint conversational AI platform, part of the company’s Intelligent Self-Service offerings, is helping organizations increase self-service capabilities that automate simple tasks and empower customers to help themselves while freeing agents to deal with higher value issues and achieving new levels of excellence in customer service.

Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AI Breakthrough Awards program is devoted to honoring excellence in AI technologies, services, companies and products.

“The key to the 2019 award recognition goes beyond just natural language understanding (NLU) to our conversational AI platform’s ability to use machine learning for extending and expanding knowledge, capabilities and language unique to each business and user,” says Verint’s Nancy Treaster, senior vice president and general manager of strategic operations. “It’s a technology breakthrough we have harnessed to help our customers transform their self-service strategies, lower costs and increase revenue. Our customers aren’t just achieving their automation goals with this solution. They are transcending them.”

Last year, Verint received the “Best Overall AI Solution” in the AI Breakthrough Awards. “We are clearly at a point of mainstream consensus that artificial intelligence will change the way businesses and consumers interact and work – and the AI Breakthrough Awards program is designed to showcase the technologies and companies that are driving this fundamental shift,” said James Johnson, managing director, AI Breakthrough. “We are thrilled to announce our 2019 AI Breakthrough Award winners circle and we extend a hearty congratulations to all of the nominees for their impressive display of AI innovation this year.”

To learn more about Verint’s Intelligent Self-Service solutions, available in the cloud and on premises, click here. For more information on IVA starter kits designed for top use cases, click here.

About Verint Systems Inc.

Verint® (VRNT) is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization and cyber intelligence. Today, over 10,000 organizations in more than 180 countries—including over 85 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.

*Verint was honored with an AI Breakthrough Award in June 2019

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, 2019, our Quarterly Report on Form 10-Q for the quarter ended July 31, 2019, 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, FORESEE, OPINIONLAB, KIRAN ANALYTICS, 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.

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