Press release
Cognyte Secures a $20+ Million Annual Three-Year Agreement With a National Security Agency
The longstanding customer increases its investment in Cognyte to further bolster investigative teams’ success HERZLIYA, Israel--(BUSINESS WIRE)-- Cognyte
About this update from Cognyte Software Ltd.
[{"type":"text","content":"\nThe longstanding customer increases its investment in Cognyte to further bolster investigative teams’ success\n\n HERZLIYA, Israel--(BUSINESS WIRE)--\nCognyte Software Ltd. (NASDAQ: CGNT) (“Cognyte”), a global leader in investigative analytics software, today announced a three-year support agreement valued at over $20 million a year with a longstanding national security customer. The agency leverages Cognyte’s investigative analytics solutions to safeguard national interests and ensure public safety.\n\nNational security agencies around the globe continue to face a constantly evolving threat landscape. With this latest multi-year agreement, the agency secures sustained operational value with Cognyte’s technology and enhances its investigative processes with actionable insights to identify, investigate and mitigate threats.\n\n“This latest agreement reflects the trust and strong relationship we share with our longstanding customer and the significant value we continue to deliver to its teams with our advanced solutions,” said Efi Nuri, Cognyte’s Chief Revenue Officer. “Our deep domain expertise, breakthrough technologies and customer commitment elevate our customers’ continued success while driving steady, repeat business for Cognyte in our mission to help customers ensure public safety.”\n\nAbout Cognyte Software Ltd.\n\nCognyte Software Ltd. is a global leader in investigative analytics software that empowers a variety of government and other organizations with Actionable Intelligence for a Safer World™. Our open interface software is designed to help customers accelerate and improve the effectiveness of investigations and decision-making. Hundreds of customers rely on our solutions to accelerate and conduct investigations and derive insights, with which they identify, neutralize and tackle threats to national security and address different forms of criminal and terror activities. Learn more at www.cognyte.com.\n\nCautionary Statement Regarding Forward-Looking Statements\n\nAny statements contained in this press release that do not describe historical facts may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are identified by use of the words “anticipates,” “believes,” “estimat...