Press release

Verint Introduces Three-Year Customer Engagement Financial Targets and Reviews its Cloud and Automation Strategy

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Verint®Systems Inc. (NASDAQ: VRNT) published on its website presentation
slides that discuss its cloud and automation strategy and provide
three-year customer engagement financial targets. The new disclosures
were made in connection with Verint’s Sell-Side Analyst Day, taking
place at the company’s annual Customer Engagement user conference in
Orlando, Florida. Verint’s automation and cloud strategy and new
disclosures will be discussed during a webcast taking place today at
4:30pm ET. Verint is also providing details for its conference call to
discuss first quarter results on May 29th at 4:30pm ET.

“Our cloud and automation strategy is clearly differentiating Verint and
contributing to our strong momentum. To help investors understand how
our financial model will evolve over time as we continue our cloud
transition, we are providing new long-term financial metrics. These
metrics include three-year targets for revenue, cloud and recurring
revenue and margins. We look forward to discussing our growth strategy
and long-term targets both during today’s webcast and during our first
quarter conference call next week,” said Dan Bodner, Verint’s CEO.

Details for Today’s Cloud and Automation
Strategy Webcast

Today, May 21st at 4:30pm ET, Verint management will review
the company’s customer engagement cloud and automation growth strategy
and review its new disclosures, including three-year customer engagement
financial targets. The webcast, including slides, will be available
live, and as a replay, on Verint’s
Investor Relations webcast page. Participants may also use the
following dial-in information to access the live call: (844) 309-0615
(United States and Canada) and (661) 378-9462 (International) and
passcode 2974308.

Details for Call to Review Q1 Results on May 29th

Verint will conduct a conference call on Wednesday, May 29, 2019 at 4:30
p.m. ET to review its first quarter financial results (for the quarter
ended April 30, 2019) and discuss its outlook. An earnings press release
will be issued after the market closes on May 29th.

A real-time webcast of the conference call with presentation slides will
be available on Verint’s
Investor Relations webcast page. The conference call can also be
accessed live, and as a replay, via telephone at (844) 309-0615 (United
States and Canada) and (661) 378-9462 (International). The passcode is
8290147. Please dial in 5-10 minutes prior to the scheduled start time.

About Verint Systems Inc.

Verint® (Nasdaq: 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.

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, 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,
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