Verint Systems Inc. (VRNT) - 500 Beiträge pro Seite

[panik]

Profile:Verint Systems Inc. is a provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. The Company`s software generates actionable intelligence through the collection, retention and analysis of voice, fax, video, e-mail, Internet and data transmissions from multiple types of communications networks. The Company`s digital security and surveillance solutions are the Star-Gate, Reliant and Loronix products. Its enterprise business intelligence solutions are the Ultra and Loronix Video Business Intelligence products.
http://www.verintsystems.com

[kravitz]

Verint Introduces New Analytical Tools For Law Enforcement And Intelligence Agency Communications Interception
New Features Help Law Enforcement and Intelligence Analysts To Better Identify Relevant Data
WOODBURY, N.Y.--(BUSINESS WIRE)--July 22, 2002-- Verint Systems Inc. (NASDAQ: VRNT - News), a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced the addition of new analytical tools to its communications interception solution serving the law enforcement and intelligence agency markets.

These tools are designed to help increase the effectiveness of analysts in the law enforcement and intelligence communities through enhanced filtering and screening of the data collected during intelligence gathering.

Typically, communications interception of the Internet and other data networks provides analysts with large amounts of textual data collected from email, chat, etc. Based on advanced text categorization technology, Verint`s new tools identify and present analysts with the more relevant portions of the collected data.

This new filtering solution is based on the user`s pre-defined topics of interest and is capable of self-learning from experience and from user feedback. Once a topic of interest is identified within the collected raw data, the tool automatically updates the search engine based on the user`s feedback and further improves the filtering performance. The result is actionable intelligence delivered to the analyst.

"As a result of increased focus on anti-terrorism and legislation such as the USA Patriot Act, communications interception activities are generating large amounts of raw data that must be transformed into actionable intelligence," said Dan Bodner, President and CEO of Verint Systems. "Our analytical tools deliver actionable intelligence to investigators and help to improve the effectiveness of communications interception."

Communications interception is a partnership between telecommunications service providers and the law enforcement and intelligence communities. Verint serves both ends of this market with its STAR-GATE(TM) and RELIANT(TM) solutions. STAR-GATE is installed within the communication service providers` network and enables the interception and delivery of data according to CALEA (Communications Assistance For Law Enforcement), ETSI (European Telecommunications Standards Institute) and other standards. RELIANT is implemented by law enforcement and other government agencies to help with the collection and analysis of data and to support the investigation process. STAR-GATE and RELIANT work together to provide Verint`s customers with end-to-end solutions.

About Verint Systems Inc.

Verint Systems Inc., headquartered in Woodbury, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 800 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, e-mail, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (NASDAQ: CMVT - News). Visit us at our website www.verintsystems.com.

Note: This release may contain forward-looking statements that involve risks and uncertainties.There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for the company`s products; changes in capital spending among the company`s current and prospective customers; the risks associated with the sale of large, complex, high capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which the company operates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity;the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with the company`s ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of the company with the Securities and Exchange Commission.

Verint and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:

Verint Systems
Industry Information
John Kaiser, 516/465-1370
[e-mail]
Investor/Business
Paul D. Baker, 516/677-7226
[e-mail]

[panik]

Verint Introduces ULTRA IntelliMiner - A New Analytical Tool To Deliver Actionable Intelligence Across The Enterprise
Detects Hidden Patterns and Trends In Contact Center Interactions, Delivers Intelligence Automatically to Decision Maker Desktops
CHICAGO--(BUSINESS WIRE)--July 30, 2002-- Verint Systems Inc. (NASDAQ: VRNT - News), a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced the launch of ULTRA(TM) IntelliMiner, an advanced analytical solution that identifies critical trends within a large volume of customer related data and automatically delivers actionable intelligence to decision makers across the enterprise.

IntelliMiner pinpoints cause/effect relationships not readily apparent in statistical data. Moreover, IntelliMiner automates data mining and intelligence delivery across the enterprise, reducing business reliance on highly trained information analysts and complex, manually-driven data delivery systems.

"IntelliMiner is designed to help enterprises cost effectively leverage their recorded customer interactions to improve business performance, maximize revenue-generating opportunities, and realize a greater return on investment from their recording systems and contact center activities," said Elan Moriah, President of Verint Contact Center Solutions.

Designed for use with Verint`s ULTRA Intelligent Recording solution, IntelliMiner uses next-generation data mining techniques to identify hidden, often counter-intuitive trends within recorded customer interactions. This intelligence can help the enterprise build sound performance guidelines that ultimately increase efficiency, lower costs, and deliver a better customer experience.

IntelliMiner`s portal-based user interface brings the benefits of advanced data mining directly to decision makers, with a robust tool set that includes: reports, graphs, and charts; visualization; data mining via dynamic queries, balanced scorecards / dashboards; industry-specific customizable reports; and interfaces to existing Customer Interaction and Customer Relationship Management systems (CIS / CRM).

Rapid, out-of-the-box deployment without the need for special integration or professional services helps minimize IntelliMiner`s total cost of ownership.

"IntelliMiner delivers more than the isolated statistics provided by static reports, charts, and performance indicators. IntelliMiner pinpoints causation - the underlying causes of success and failure - and it delivers intelligence that can be readily leveraged in business-winning strategies," stated Lou Boudreau, Chief Technology Officer of Verint Contact Center Solutions. "IntelliMiner thus empowers management to more rapidly address strategic business issues and achieve business goals."

Verint`s ULTRA Intelligent Recording solution is an enterprise platform that enhances the contact center and helps turn it into an important asset for achieving business goals. ULTRA measures experience, process, and performance across the enterprise for many types of customer interaction and generates actionable intelligence that can be delivered directly to the desktops of key decision makers. ULTRA empowers the enterprise to surpass customer expectations and to consistently deliver a branded customer experience.

About Verint Systems Inc.

Verint Systems Inc., headquartered in Woodbury, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 800 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, e-mail, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (NASDAQ: CMVT - News). Visit us at our website www.verintsystems.com.

Note: This release may contain forward-looking statements that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for the company`s products; changes in capital spending among the company`s current and prospective customers; the risks associated with the sale of large, complex, high capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which the company operates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with the company`s ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of the company with the Securities and Exchange Commission.

Verint and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:

Verint Systems
Industry
John Kaiser, 516/465-1370
[e-mail]
Investor/Business
Paul D. Baker, 516/677-7226
[e-mail]

[panik]

Verint And Avaya Expand Global Relationship
Solution Interoperability and DeveloperConnection Premier Membership Position Companies For Collaborative Development, Sales And Marketing Initiatives
WOODBURY, N.Y.--(BUSINESS WIRE)--July 30, 2002-- Verint Systems Inc. (NASDAQ: VRNT - News), a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced the expansion of its global relationship with Avaya Inc. (NYSE: AV - News), positioning the companies to launch collaborative development, sales, and marketing initiatives.

Verint is now a Premier Member of Avaya`s DeveloperConnection program and Avaya has certified the interoperability of Verint`s ULTRA(TM) Intelligent Recording(TM) solution with Avaya`s Definity® Enterprise Communications Server and Predictive Dialing System. This follows an agreement earlier this year that established Avaya as a Verint reseller.

"We believe that Verint`s membership in the Avaya DeveloperConnection program is illustrative of our commitment to delivering added value to our marketplace," remarked Elan Moriah, President of Verint Contact Center Solutions. "We are delighted to broaden our relationship with Avaya and to continue working together for the benefit of our customers and their enterprises."

Verint`s ULTRA Intelligent Recording solution is an enterprise platform that enhances the contact center and helps turn it into an important asset for achieving business goals. ULTRA measures experience, process, and performance across the enterprise for many types of customer interaction and generates actionable intelligence that can be delivered directly to the desktops of key decision makers. ULTRA empowers the enterprise to meet customer expectations and to consistently deliver a branded customer experience.

The Avaya DeveloperConnection Program provides marketing and sales support, development tools and system compliance testing for independent software developers and third-party infrastructure vendors that offer integrated solutions for Avaya enterprise network systems and applications.

Verint`s membership supports multiple Avaya offerings, including:

Avaya(TM) Interaction Center, an integrated multimedia contact center solution
Definity® communication servers
Avaya(TM) IP600, part of the Avaya Enterprise Class IP Solutions (ECLIPS) portfolio
Avaya(TM) Predictive Dialing System
"Verint is an important addition to the Avaya DeveloperConnection Program," remarked Anna Dorcey, Director of the Avaya DeveloperConnection Program. "We are confident that our collaborative efforts will continue to deliver return on investment for our constituent marketplaces."

About DevConnect

The DeveloperConnection Program (DevConnect) is a comprehensive set of innovative sales, support, marketing and services programs through which Avaya works with members to develop, promote and sell their products and solutions that interoperate with Avaya solutions. For more information, visit DevConnect at http://www.devconnectprogram.com.

About Avaya

Avaya Inc., headquartered in Basking Ridge, NJ, is a leading global provider of voice and data networks as well as communications solutions and services that help businesses, government agencies and other institutions -- including more than 90 percent of the FORTUNE 500® -- excel in the customer economy. Avaya offers Customer Relationship Management Solutions, Unified Communication Solutions, Service Provider Solutions, MultiService Networking Infrastructure, and Converged Voice and Data Networks -- including the company`s no-compromise Avaya Enterprise-Class IP Solutions (ECLIPS) -- all supported by Avaya Services and Avaya Labs. Avaya is the worldwide leader in unified messaging, messaging systems, call centers and structured cabling systems. It is the U.S. leader in voice communications systems and services. Avaya is an Official Sponsor of the 2002 FIFA World Cup(TM), the FIFA Women`s World Cup 2003 and the 2006 FIFA World Cup(TM) tournaments. For more information about Avaya, visit its Web site at www.avaya.com.

About Verint Systems Inc.

Verint Systems Inc., headquartered in Woodbury, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 800 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, e-mail, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (NASDAQ: CMVT - News). Visit us at our website www.verintsystems.com.

Note: This release may contain forward-looking statements that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for the company`s products; changes in capital spending among the company`s current and prospective customers; the risks associated with the sale of large, complex, high capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which the company operates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with the company`s ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of the company with the Securities and Exchange Commission.

Verint and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:

Verint Systems
Industry
John Kaiser, 516/465-1370
[e-mail]
Investor/Business
Paul D. Baker, 516/677-7226
[e-mail]

[panik]

Verint Supplies U.S. Marshals Service With Digital Video Surveillance to Secure U.S. Courthouse
LORONIX Video Security Solution to be Implemented At Albert V. Bryan United States Courthouse in Virginia
WOODBURY, N.Y.--(BUSINESS WIRE)--July 31, 2002-- Verint Systems Inc. (Nasdaq:VRNT - News), a global provider of analytic software solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced that the U.S. Marshals Service of the Department of Justice is implementing a LORONIX digital video solution at the Albert V. Bryan United States Courthouse in Alexandria, Virginia.

This system is part of an overall increase in security at the Alexandria jail and federal courthouse in preparation for several high-profile trials. Verint`s LORONIX digital video security solutions have been selected to provide sophisticated, high quality security at other high profile government facilities, including the U.S. Capitol and the Pentagon.

The LORONIX digital video security solution is integrated with various alarm and access control systems and is scalable to meet enterprise-wide needs and leverages existing security and IT infrastructures. The LORONIX video content analysis tools help to increase the efficiency and effectiveness of security staff and resources and deliver actionable intelligence to the right people at the right time. Rapid access to recorded events and remote access to live video can help determine the level and best locations of response forces.

"This implementation of a digital video security system from Verint is part of a larger initiative to create the highest level of security we have ever had here," said John Clark, Acting U.S. marshal for the Eastern District of Virginia. "The use of advanced technology is critical to ensure the highest level of security during the trials."

"We are very proud to take part in enhancing security for these high profile trials," said Dan Bodner, Verint`s President and CEO. "We believe that our advanced technology and proven solutions are ideal for protecting high profile government facilities."

Verint`s LORONIX solutions provide networked, digital video recording, video content analysis and generation and delivery of actionable intelligence.

About Verint Systems Inc.

Verint Systems Inc., headquartered in Woodbury, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 800 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, e-mail, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (Nasdaq:CMVT - News). Visit us at our website www.verintsystems.com.

Note: This release may contain forward-looking statements that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for the company`s products; changes in capital spending among the company`s current and prospective customers; the risks associated with the sale of large, complex, high capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which the company operates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with the company`s ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of the company with the Securities and Exchange Commission.

Verint and LORONIX are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:

Verint Systems Inc.
Industry Information:
John Kaiser, 516/465-1370
[e-mail]
Investor/Business:
Paul D. Baker, 516/677-7226
[e-mail]

[panik]

Verint`s ULTRA IntelliMiner Data Mining And Analytics Solution Wins Best of Show Award At International Call Center Management Event
WOODBURY N.Y.--(BUSINESS WIRE)--Aug. 5, 2002--Verint Systems Inc.(NASDAQ:VRNT - News):

IntelliMiner Chosen for Best Reporting Tool of the Year

Verint Systems Inc. (NASDAQ: VRNT - News), a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced that its advanced analytical solution, ULTRA(TM) IntelliMiner, received the Best of Show Award in the Reporting Tools category at the International Call Center Management event in Chicago, one of the industry`s leading conferences.

IntelliMiner pinpoints cause/effect relationships not readily apparent in statistical data. Moreover, IntelliMiner automates data mining and intelligence delivery across the enterprise, reducing business reliance on highly trained information analysts and complex, manually-driven data delivery systems.

Designed for use with Verint`s ULTRA Intelligent Recording solution, IntelliMiner uses next-generation data mining techniques to identify hidden, often counter-intuitive trends within recorded customer interactions. This intelligence can help the enterprise build sound performance guidelines that ultimately increase efficiency, lower costs, and deliver a better customer experience.

"Verint is honored to receive the Best of Show award," said Lou Boudreau, Chief Technology Officer at Verint Contact Center Solutions. "Our new ULTRA IntelliMiner solution delivers actionable intelligence that can help the enterprise build sound performance guidelines to increase efficiency, lower costs, and deliver a better customer experience."

Verint`s ULTRA Intelligent Recording solution is an enterprise platform that enhances the contact center and helps turn it into an important asset for achieving business goals. ULTRA measures experience, process, and performance across the enterprise for many types of customer interaction and generates actionable intelligence that can be delivered directly to the desktops of key decision makers. ULTRA empowers the enterprise to meet customer expectations and to consistently deliver a branded customer experience.

About Verint Systems Inc.

Verint Systems Inc., headquartered in Woodbury, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 800 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (NASDAQ: CMVT - News). Visit us at our website www.verintsystems.com.

Note: This release may contain forward-looking statements that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for the company`s products; changes in capital spending among the company`s current and prospective customers; the risks associated with the sale of large, complex, high capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which the company operates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with the company`s ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of the company with the Securities and Exchange Commission.

Verint and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:

Verint Systems Inc.
Industry: John Kaiser, 516/465-1370
[e-mail]
Investor/Business: Paul D. Baker, 516/677-7226
[e-mail]

[kravitz]

Verint Receives Multi-Million Dollar Expansion Order
Verint`s Loronix Video Solutions Deployed To Enhance Security In Retail Stores
WOODBURY, N.Y.--(BUSINESS WIRE)--Aug. 12, 2002--Verint Systems Inc. (Nasdaq: VRNT - News), a global provider of analytic software solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced that it has received a multi-million dollar expansion order from a national retailer to expand its digital video solutions to enhance security within its stores. ADVERTISEMENT




The video solutions enable the retailer to better focus on improving store operations through the reduction of fraud and to provide a safe and secure environment for shoppers and employees. Utilizing networked digital video technology, the system is integrated with other systems and assists investigative staff to identify fraudulent activity.

"We value our relationship with our customer as they continue to expand their systems," said Dan Bodner, Verint`s President and CEO. "We are committed to the needs of the retail market and continue to develop new video business intelligence applications for retail and other market segments."

About Verint Systems Inc.

Verint Systems Inc., headquartered in Woodbury, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 800 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (NASDAQ: CMVT - News). Visit us at our website www.verintsystems.com.

Note: This release may contain forward-looking statements that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for the company`s products; changes in capital spending among the company`s current and prospective customers; the risks associated with the sale of large, complex, high capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which the company operates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with the company`s ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of the company with the Securities and Exchange Commission.

Verint and Loronix are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:

Verint Systems Inc., Woodbury
Industry Information:
John Kaiser, 516/465-1370
[e-mail]
Investor/Business:
Paul D. Baker, 516/677-7226
[e-mail]

[proxim]

Verint`s Networked Video Solution Enhances Security at Vancouver International Airport -YVR-
Loronix Digital Video Security Helps Prevent Security Breaches
Tuesday August 27, 8:01 am ET

WOODBURY, N.Y.--(BUSINESS WIRE)--Aug. 27, 2002--Verint Systems Inc. (Nasdaq: VRNT - News), a global provider of analytic software solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced that Vancouver International Airport (YVR) has expanded and enhanced its Loronix digital video security system.

ADVERTISEMENT


As Canada`s second busiest airport and a major West Coast gateway handling approximately 16 million passengers per year and with 26,000 staff employed by 400 businesses and government agencies, monitoring high risk security areas and minimizing or eliminating security breaches is a major challenge. Breaches of security can be very costly to the airport and the airlines and are a major inconvenience for passengers and airport staff. Expanding the Loronix digital video solutions, and combining previously separate Loronix systems into a single, networked configuration, YVR is able to centrally monitor high-risk entrances and corridors to help prevent security breaches. Various tools within the system help to isolate incidents and highlight them to security staff in the form of actionable intelligence that allows them to make faster, more informed decisions.

"With increased levels of security at airports around the world, we have to look at new ways to provide high levels of security, while ensuring our customers and employees are able to move efficiently through the airport," said Kevin Molloy, Vice President of Information Technology for Vancouver International Airport Authority. "This security upgrade is part of the Airport Authority`s commitment to keep abreast of the very latest security technologies available."

"Vancouver International Airport has recognized the value of our video analytics solutions to enhance their security," said Dan Bodner, President and CEO of Verint Systems. "We are committed to continued development of new technology and solutions to help improve security in airports."

Verint`s Loronix Digital Video Security Solutions are used to protect lives and assets. They generate actionable intelligence by integrating video with other security systems, analyzing video content with advanced analytical software, and delivering the appropriate video clips in real time to security staff that can make faster, more informed decisions. These solutions are scalable and able to meet enterprise-wide applications and leverage existing security and IT infrastructures. Loronix video solutions increase the efficiency and effectiveness of security staff, helping to enhance security while reducing the overall cost incurred by the customer.

About Verint Systems Inc.

Verint Systems Inc., headquartered in Woodbury, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 800 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (NASDAQ: CMVT - News). Visit us at our website www.verintsystems.com.

Note: This release may contain forward-looking statements that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for the company`s products; changes in capital spending among the company`s current and prospective customers; the risks associated with the sale of large, complex, high capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which the company operates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with the company`s ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of the company with the Securities and Exchange Commission.

Verint, the Verint word mark, and Loronix are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
Verint Systems Inc.
Industry Information:
John Kaiser, 516/465-1370
[e-mail]
or
Investor/Business:
Paul D. Baker, 516/677-7226
[e-mail]




--------------------------------------------------------------------------------
Source: Verint Systems Inc.

[panik]

Verint To Expand Coverage For An Existing Law Enforcement Communications Interception Customer In Europe
Receives $1.4M Order For Interception On A New Wireless Network
Thursday September 5, 8:01 am ET


WOODBURY, N.Y.--(BUSINESS WIRE)--Sept. 5, 2002-- Verint Systems Inc. (Nasdaq:VRNT - News), a global provider of analytic software solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced the receipt of a $1.4M order from a current European Law Enforcement customer for the expansion of its RELIANT(TM)Law Enforcement Communications Interception system to cover an additional, newly established wireless network.
ADVERTISEMENT


This order includes equipment to be installed within the network for the lawful interception of cellular communications over this new wireless network, and expansion of the Law Enforcement monitoring sites. The intercepted communications will be delivered to existing monitoring sites where other networks are already being monitored, thus capitalizing on the current communications interception system infrastructure and providing Law Enforcement investigators with an integrated intelligence view regardless of the specific communications network used by a suspect.

"The flexibility of our solutions offers customers the ability to expand their interception coverage as the need arises and to seamlessly integrate data from newly established networks with an existing system," said Dan Bodner, President and CEO of Verint. "We are continuously investing in our solutions to make them scalable and adaptable to new technologies, network developments, and future capacity needs, making it very cost effective for our customers."

Communications interception is a partnership between telecommunications service providers and the law enforcement and intelligence communities. Verint provides a complete solution for this market with STAR-GATE(TM) and RELIANT(TM). STAR-GATE is installed within the communication service providers` network and enables the interception and delivery of data according to CALEA (Communications Assistance For Law Enforcement), ETSI (European Telecommunications Standards Institute) and other standards. RELIANT is implemented by law enforcement and other government agencies to help with the collection and analysis of data and to support the investigation process. STAR-GATE and RELIANT work together to provide Verint`s customers with end-to-end solutions.

About Verint Systems Inc.

Verint Systems Inc., headquartered in Woodbury, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 800 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (Nasdaq:CMVT - News). Visit us at our website www.verintsystems.com.

Note: This release may contain forward-looking statements that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for the company`s products; changes in capital spending among the company`s current and prospective customers; the risks associated with the sale of large, complex, high capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which the company operates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with the company`s ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of the company with the Securities and Exchange Commission.

Verint, the Verint word mark, RELIANT, Loronix and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
Verint Systems Inc.
John Kaiser, 516/465-1370
[e-mail]
or
Paul D. Baker, 516/677-7226
[e-mail]



--------------------------------------------------------------------------------
Source: Verint Systems Inc.

[panik]

Verint Systems Reports Second Quarter Results: Sales Of $38,470,000 Earnings Per Diluted Share Of $0.09
Tuesday September 10, 4:04 pm ET


WOODBURY, N.Y.--(BUSINESS WIRE)--Sept. 10, 2002--Verint Systems Inc. (NASDAQ:VRNT - News) announced net income of $2,222,000 for the second quarter of fiscal year 2002, ended July 31, 2002, ($0.09 per diluted share), compared with a net loss of $1,742,000 ($0.09 loss per share) for the second quarter of fiscal 2001.
The Company posted sales of $38,470,000 for the second quarter of fiscal 2002, compared with $32,017,000 posted for the second quarter of fiscal 2001, an increase of approximately 20%. Verint`s sales increased 6% sequentially, compared with $36.3M in the first quarter of fiscal 2002.

Dan Bodner, President and CEO of Verint stated, "During Q2 we have continued to experience a healthy demand for our security solutions. Heightened awareness surrounding homeland defense and security, both in the United States and globally, has increased activities related to communications interception and digital video security."

The Company ended the quarter with cash and cash equivalents of $119,201,000, total assets of $193,062,000, working capital of $61,012,000 and stockholders` equity of $87,802,000. In May, the Company completed its Initial Public Offering, which strengthened the balance sheet by the addition of approximately $65,400,000 in net proceeds.

Conference Call Information

An on-line, real-time Web cast of the conference call will be available on our website at www.verintsystems.com. The conference call can also be accessed live via telephone at [phone]. Please dial in 5-10 minutes prior to the scheduled start time.

A replay of the conference call will be available for seven days on our website at www.verintsystems.com and by telephone at [phone], passcode 6178483.

Financial highlights at and for the six and three month periods
ended July 31, 2002 and prior year comparisons are as follows:

Financial Highlights
(In thousands, except per share data, unaudited)

Operations Data:

6 Months Ended 3 Months Ended
July 31, July 31,
2001 2002 2001 2002
------ ------ ------ ------
Sales 66,575 74,787 32,017 38,470
Cost of sales 34,175 36,381 16,335 18,582

Gross Profit 32,400 38,406 15,682 19,888

Research and development,
net 7,793 8,130 3,786 4,238
Selling, general and
administrative 23,167 24,398 11,135 12,612
Royalties and license fees 1,416 1,571 697 806
Restructuring and
impairment charges 1,164 -- 1,164 --
======= ======= ======= =======
Income (loss) from
operations (1,140) 4,307 (1,100) 2,232

Interest and other income
(expense), net (480) 673 (188) 560
======= ======= ======= =======
Income (loss) before
income taxes (1,620) 4,980 (1,288) 2,792
Income tax provision 1,014 1,051 454 570

======= ======= ======= =======
Net income (loss) (2,634) 3,929 (1,742) 2,222
======= ======= ======= =======

Earnings (loss) per share:

Basic $(0.14) $0.19 $(0.09) $0.10
Diluted $(0.14) $0.18 $(0.09) $0.09

Weighted average shares:

Basic 18,753 20,827 18,758 22,695
Diluted 18,753 22,264 18,758 23,858


(In thousands)
Balance Sheet Data:

January 31, July 31,
ASSETS 2002 2002
(Unaudited)
CURRENT ASSETS:
Cash and cash equivalents $49,860 $119,201
Accounts receivable, net 30,756 27,490
Inventories 7,488 7,781
Prepaid expenses and other
current assets 5,049 5,337
TOTAL CURRENT ASSETS 93,153 159,809

PROPERTY AND EQUIPMENT, net 12,486 13,128

OTHER ASSETS 11,087 20,125

TOTAL ASSETS $116,726 $193,062

LIABILITIES AND STOCKHOLDERS`
EQUITY

CURRENT LIABILITIES:
Accounts payable and accrued
expenses $38,308 $42,777
Advance payments from
customers 13,518 13,840
Current maturities of
long-term bank loans 167 42,180
TOTAL CURRENT LIABILITIES 51,993 98,797

LONG-TERM BANK LOANS 43,456 1,616
CONVERTIBLE NOTE - 2,200
OTHER LIABILITIES 2,542 2,647
TOTAL LIABILITIES 97,991 105,260

STOCKHOLDERS` EQUITY 18,735 87,802

TOTAL LIABILITIES AND STOCKHOLDERS`
EQUITY $116,726 $193,062

About Verint Systems Inc.

Verint Systems Inc., headquartered in Woodbury, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 800 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology, Inc. (NASDAQ: CMVT - News). Visit us at our website www.verintsystems.com.

Note: This release may contain forward-looking statements that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for the company`s products; changes in capital spending among the company`s current and prospective customers; the risks associated with the sale of large, complex, high capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which the company operates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with the company`s ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of the company with the Securities and Exchange Commission. These documents are available through the company, or through the SEC`s Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov. The company makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made.

Verint is a trademark of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
Verint Systems Inc., Woodbury
Paul D. Baker, 516/677-7226

[panik]

Verint Announces New Collaboration Capabilities for its RELIANT Communications Interception Solution
Wednesday October 23, 8:07 am ET
Enables Law Enforcement Agencies to Efficiently Share Information on Large-Scale Complex Investigations


WOODBURY, N.Y.--(BUSINESS WIRE)--Oct. 23, 2002-- Verint Systems Inc. (Nasdaq:VRNT - News), a leading provider of analytical software solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced that it has expanded the functionality of its RELIANT solution providing law enforcement and government agencies with the ability to collaborate seamlessly among, and within, organizations using secure web-based browsers.
ADVERTISEMENT


The new RELIANT release is designed to enable law enforcement agencies on the local, state and federal level, with multiple locations, to more effectively collaborate on large-scale investigations by sharing information stored on decentralized databases and by dividing up and distributing various tasks across multiple offices and agencies. RELIANT`s new release enables individuals working on the same investigation, regardless of agency or office location, to share data in real-time, resulting in the timely distribution of critical information.

"With the increasing need for local, state and federal agencies to cooperate on large-scale investigations that cross many jurisdictions and geographies, law enforcement and government agencies need sophisticated tools to help them solve complex crimes," said Dan Bodner, Verint`s President and CEO. "RELIANT`s new release offers law enforcement agencies many practical advantages, including the ability to scale across multiple users and locations, the ability to seamlessly integrate multiple databases and the ability to obtain access to information anywhere with a secure web-based browser."

RELIANT`s solutions are designed to be compliant with standards established by CALEA (Communications Assistance to Law Enforcement Act) in North America, and by ETSI (European Telecommunications Standards Institute) in Europe, and others.

About Verint Systems Inc.

Verint Systems Inc., headquartered in Woodbury, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 800 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (Nasdaq:CMVT - News). Visit us at our website www.verintsystems.com.

Note: This release may contain forward-looking statements that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for the company`s products; changes in capital spending among the company`s current and prospective customers; the risks associated with the sale of large, complex, high-capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which the company operates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with the company`s ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of the company with the Securities and Exchange Commission.

Verint, the Verint word mark, STAR-GATE, RELIANT, Loronix and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
Verint Systems Inc.
Mariann McDonagh, 516/677-7191 (Industry Information)
[e-mail]
or
Alan Roden, 516/465-1370 (Investor/Business)
[e-mail]



--------------------------------------------------------------------------------
Source: Verint Systems Inc.

[panik]

Concerto Software and Verint Systems Fine-Tune Contact Center Performance For India`s Icon Data Management Limited
Tuesday October 29, 2:00 pm ET
Customer Interaction Management/Collaborative Intelligent Recording(TM) Solution Streamlines Processes, Heightens Customer Service Quality


WESTFORD, Mass. & WOODBURY, N.Y.--(BUSINESS WIRE)--Oct. 29, 2002-- Concerto Software, Inc. (NASDAQ: CRTO - News), a proven provider of customer interaction management (CIM) solutions, and Verint Systems Inc. (NASDAQ: VRNT - News), a leading provider of analytic solutions today announced that Icon Data Management Limited (IDML) has implemented both companies` solutions in its Noida contact center. IDML is a business process and customer contact outsourcing firm serving companies in India, the United States and the United Kingdom.
ADVERTISEMENT


IDML marks the completion of the first joint Concerto-Verint implementation in India under the terms of a technology alliance agreement between the two companies. The 225-seat IDML contact center pairs Concerto Software`s Ensemble(TM) CIM solution with Verint`s ULTRA(TM) Intelligent Recording(TM) to streamline interaction management and improve overall customer service. As a result of the implementation, IDML has reported experiencing marked increases in the quality of its customer service, with productivity gains as high as 15 percent.

"For the first time, we are able to extract actionable intelligence about our customers and business processes from every interaction and enrich each subsequent interaction with the intelligence we have gained," remarked Devraj Malhotra, IDML chief technology officer. "The Concerto-Verint solution enables IDML to more efficiently manage interactions in a multimedia environment and deliver a superior customer experience."

With a staff of more than 300, IDML offers the back-office infrastructure, technology and professional services that enable companies to focus on their core competencies. IDML relies on the Concerto-Verint solution to speed transaction verification, train and evaluate agents, and collect and disseminate business-critical customer intelligence during multi-channel outbound campaigns.

"Together, Concerto and Verint are helping IDML to realize tangible business benefits," said Pramod Ratwani, vice president of Asia Pacific for Concerto. "By partnering with leading technology providers like Verint, we are able to deliver complete solutions that are designed to meet customers` specific contact center requirements."

Concerto Software`s Ensemble solution facilitates proactive customer contact with predictive and preview dialing, campaign and call list management, automated messaging and scheduled recalls. Verint`s ULTRA Intelligent Recording measures experience, process, and performance across the enterprise for various types of customer interactions and generates actionable intelligence that can be delivered directly to the desktops of key decision makers. The tightly integrated Ensemble and ULTRA solutions give IDML a richer set of customer intelligence to generate sales opportunities and quickly and accurately finalize business transactions. The solution also provides IDML with the capability to monitor and coach its contact center representatives in real-time - a significant advantage in meeting and exceeding customer expectations.

"By making actionable intelligence available throughout the enterprise, we believe customer contact outsourcers, such as IDML, can gain a distinct competitive advantage and a value-added service that they can pass on to their own clients," noted Ady Meretz, vice president of Verint`s Asia Pacific Operations. "The implementation at IDML shows how this approach fuels a consistent, branded customer experience, regardless of where the customer service center resides."

About Icon Data Management Limited

Icon Data Management Limited (IDML) is a subsidiary of GHCL, the flagship company of Dalmia Brothers Private Limited, a US$250 million diversified group with interests in chemicals, food products, telecom and IT. IDML partners with global outsourcing companies and large global corporations to create dedicated and custom designed Indian facilities for providing remote delivery of Customer Contact and Business Processes Services. IDML has been providing 24x7x365 service to leading North American and European customers. www.e-icondata.com.

About Concerto Software(TM)

Concerto Software provides contact center solutions that help companies more effectively manage customer interactions via voice, fax, email and the Web. More than 1,200 companies worldwide - including banks, service bureaus, telecommunications firms, utilities and retailers - use Concerto solutions to deliver superior customer service, and to successfully acquire, retain and grow valuable customer relationships. Concerto Software is headquartered in Westford, Massachusetts, with operations across North America, Europe and Asia. For more information, visit www.concerto.com.

About Verint Systems Inc.

Verint Systems Inc., headquartered in Woodbury, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 800 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (NASDAQ: CMVT - News). Visit us at our website www.verintsystems.com.

Note: Verint and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.

Concerto Software and Ensemble are trademarks of Concerto Software, Inc., formerly known as Davox Corporation. All other trademarks are the property of their respective owners.

This release may contain forward-looking statements that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for the company`s products; changes in capital spending among the company`s current and prospective customers; the risks associated with the sale of large, complex, high capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which the company operates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with the company`s ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of the company with the Securities and Exchange Commission.



--------------------------------------------------------------------------------
Contact:
Verint Systems
Manish Shah, 65 899 1576
[e-mail]
or
Concerto Software
Candace Berman, 305/639-2267
[e-mail]
or
Concerto Software (Asia Pacific)
Samantha Koh, 65 6416 0166
[e-mail]
or
Icon Data Management
Devraj Malhotra, 91 120 4589901
[e-mail]



--------------------------------------------------------------------------------
Source: Concerto Software

[panik]

Verint Systems Reports Record Fiscal 2002 Third Quarter Results
Tuesday November 26, 4:07 pm ET
Sales Grow to $40.7 Million
Increases 31% y-o-y and 5.7% Sequentially
Earnings Per Diluted Share of $0.11


WOODBURY, N.Y.--(BUSINESS WIRE)--Nov. 26, 2002--Verint Systems Inc. (NASDAQ: VRNT - News), announced record net income of $2,759,000 for the third quarter of fiscal 2002, ended October 31, 2002 ($0.11 per diluted share), compared with a net loss of $1,023,000 ($0.05 loss per share) for the third quarter of Fiscal 2001, and net income of $2,222,000 ($0.09 per diluted share) for the second quarter of Fiscal 2002.
ADVERTISEMENT


The Company posted record sales of $40,671,000 for the third quarter of fiscal 2002, compared with $31,039,000 for the third quarter of Fiscal 2001, an increase of approximately 31% year-over-year. Verint`s sales increased approximately 5.7% sequentially, compared with $38,470,000 for the second quarter of Fiscal 2002.

Dan Bodner, President and CEO of Verint, stated, "Our record third quarter results, which also represent our fourth consecutive quarter of sequential growth, was mainly due to strong sales of our actionable intelligence solutions in the security market."

The Company ended the quarter with record cash and cash equivalents of $124,323,000, working capital of $63,731,000, total assets of $199,596,000, and stockholders` equity of $90,452,000.

Conference Call Information

The Company will be conducting a conference call to review its fiscal 2002 third quarter results today at 4:30 PM EDT. An on-line, real-time Web cast of the conference call will be available on our website at www.verintsystems.com. The conference call can also be accessed live via telephone at 703-925-2406. Please dial in 5-10 minutes prior to the scheduled start time.

A replay of the conference call will be available for seven days on our website at www.verintsystems.com and by telephone at 703-925-2533, passcode 6321231.

About Verint Systems Inc.

Verint Systems Inc., headquartered in Woodbury, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 800 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (NASDAQ: CMVT - News). Visit us at our website www.verintsystems.com.

Note: Certain statements concerning Verint`s future results or prospects are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for Verint`s products; changes in capital spending among Verint`s current and prospective customers; the risks associated with the sale of large, complex, high-capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either Verint or its competition; Verint`s lengthy and variable sales cycle makes it difficult to predict operating results; risks that Verint`s intellectual property rights may not be adequate to protect its business; risks associated with rapidly changing technology and the ability of Verint to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which Verint operates; risks associated with holding a large portion of assets in cash and equivalents and the reduction of prevailing interest rates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with Verint`s ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of Verint with the Securities and Exchange Commission, including Verint`s most recent Quarterly Report on Form 10-Q. All documents are available through the SEC`s Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Verint`s website at www.verintsystems.com. Verint makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made.

Verint, the Verint word mark, STAR-GATE, RELIANT, LORONIX and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.

Financial highlights at and for the three and nine month periods ended October 31, 2001 and 2002 are as follows:


Financial Highlights
(In thousands, except per share data, unaudited)

Operations Data:

Nine Months Three Months
Ended Oct. 31, Ended Oct. 31,
-------------------- -------------------
2001 2002 2001 2002
-------- -------- -------- --------
Sales $97,614 $115,458 $31,039 $40,671
Cost of sales 50,295 55,337 16,120 18,956
-------- -------- -------- --------
Gross profit 47,319 60,121 14,919 21,715

Operating Expenses
Research and
development, net 11,410 12,594 3,617 4,464
Selling, general and
administrative 34,710 38,139 11,543 13,741
Royalties and license
fees 2,086 2,364 670 793
Restructuring and
impairment charges 1,164 - - -
-------- ------ ------- ------
Income (loss) from operations (2,051) 7,024 (911) 2,717

Interest and other income
(expense), net (352) 1,310 128 637
-------- ------ ------- ------
Income (loss) before
income tax provision (2,403) 8,334 (783) 3,354

Income tax provision 1,254 1,646 240 595
-------- ------ -------- ------
Net income (loss) $(3,657) $6,688 $(1,023) $2,759
======== ====== ======== ======

Earnings (loss) per share:
Basic $(0.19) $0.31 $(0.05) $0.12
======= ====== ======= ======
Diluted $(0.19) $0.29 $(0.05) $0.11
======= ====== ======= ======

Weighted average shares:
Basic 18,758 21,706 18,769 23,434
Diluted 18,758 22,977 18,769 24,231



(In thousands)
Balance Sheet Data:

ASSETS
-------- January 31, October 31,
2002 2002
(Unaudited)
----------- ------------
CURRENT ASSETS:
Cash and cash equivalents $49,860 $124,323
Accounts receivable, net 30,756 28,600
Inventories 7,488 8,164
Prepaid expenses and other current
assets 5,049 5,310
------- --------
TOTAL CURRENT ASSETS 93,153 166,397

PROPERTY AND EQUIPMENT, net 12,486 12,793

OTHER ASSETS 11,087 20,406
------ ------

TOTAL ASSETS $116,726 $199,596
======== ========

LIABILITIES AND STOCKHOLDERS` EQUITY

CURRENT LIABILITIES:
Accounts payable and accrued expenses $38,308 $46,446
Current maturities of long-term bank
loans 167 42,179
Advance payments from customers 13,518 14,041
------- -------
TOTAL CURRENT LIABILITIES 51,993 102,666

LONG-TERM BANK LOANS 43,456 1,594
CONVERTIBLE NOTE - 2,200
OTHER LIABILITIES 2,542 2,684
------- -------
TOTAL LIABILITIES 97,991 109,144

STOCKHOLDERS` EQUITY 18,735 90,452
------- -------

TOTAL LIABILITIES AND STOCKHOLDERS` EQUITY $116,726 $199,596
======== ========



--------------------------------------------------------------------------------
Contact:
Verint
Alan Roden, 516/465-1370
[e-mail]



--------------------------------------------------------------------------------
Source: Verint Systems Inc.

[panik]

Dow Jones Business News
Verint Systems 3rd Quarter EPS 11 Cents
Tuesday November 26, 4:58 pm ET


Verint Systems Inc. (NasdaqNM:VRNT - News) - Woodbury, Vt.
3rd Quar Oct. 31:
2002 2001
Sales $40,671,000 $31,039,000
Net income 2,759,000 (1,023,000)
Avg shrs (basic) 23,434,000 18,769,000
Avg shrs (diluted) 24,231,000 18,769,000
Shr earns (basic)
Net income .12 (.05)
Shr earns (diluted)
Net income .11 (.05)

Figures in parentheses are losses.

Verint Systems Inc.`s earnings topped a Thomson First Call mean estimate of four analysts of 10 cents a share.

The security and surveillance company said it had strong sales of its actionable intelligence systems.

-Kara Wetzel; Dow Jones Newswires; 201-938-5388

[panik]

[panik]

Stock Focus
Finding Technology Stocks In The Bathwater
Megan E. Mulligan, 12.04.02, 8:30 AM ET

NEW YORK - Remember that old adage about throwing out the baby with the bathwater? When the Nasdaq Composite index fell 46% over the last three years, the selloff went way beyond those companies that had no right being public in the first place. It may be decades before the Nasdaq again reaches the 5,000 level, but this market is showing signs of life--despite the fact that the index is down 26% since the start of the year.

A case could be made for United Online (nasdaq: UNTD - news - people ), which seems like it might survive the shakeout amongst Internet service providers. United was formed in September 2001 by the merger of NetZero and Juno Online Services. The company continues to provide discount Internet access through those brand names, as well as through BlueLight, a service acquired from Kmart (nyse: KM - news - people ) in November.

Headquartered in Westlake Village, Calif., United has 4.8 million active users, including 1.85 million paid subscribers. Although tiny compared to industry leader America Online--owned by AOL Time Warner (nyse: AOL - news - people )--which boasts 34 million paid subscribers, United seems to be carving a niche for itself amongst the smaller service firms.

Next year, United Online`s revenue (for the fiscal year ending in June 2003) is expected to rise 57%, to $264 million. United Online trades close to its 52-week high of $17.50.

United Online lost 62 cents per share over the latest 12 months, but Wall Street analysts expect the company to turn profitable in fiscal 2003. Shares of United sell for 23 times expected 2003 profits. By comparison, rival EarthLink (nasdaq: ELNK - news - people ), which is also expected to lose money in fiscal 2002, sells for 51 times estimated 2003 results.

Alloy (nasdaq: ALOY - news - people ), formerly known as Alloy Online, operates a catalog and online retail operation, publishes books and develops marketing programs that target teenagers. In July 2002, Alloy acquired MPM Holding for $48 million in cash, a purchase that boosted its college audience.

The five financial analysts who follow Alloy anticipate 68% revenue growth this year and an additional 39% growth in 2003. The company is expected to post its first profitable year in 2002, with estimated per-share earnings of 50 cents. Alloy sells for 24 times this forecast and 18 times expected 2003 results.

Below are eight technology or Internet companies with market values greater than $300 million and estimated 2003 price-to-earnings ratios of 34 or less. All are expected to have double-digit revenue and earnings-per-share growth over the next two years. Some, like Verint Systems (nasdaq: VRNT - news - people ), are relatively tiny but are expected to show high growth rates in the coming years.

Cheap Technology Picks
Company Price 2003 EPS 2003 P/E Latest 12-Month Sales ($mil) Market Value ($mil)
Alloy (nasdaq: ALOY - news - people ) $12.10 $0.68 18 $211 $475
Cognos (nasdaq: COGN - news - people ) 23.50 0.87 27 517 1,986
Manhattan Associates (nasdaq: MANH - news - people ) 27.85 1.03 27 171 803
Precise Software Solutions (nasdaq: PRSE - news - people ) 12.74 0.41 31 72 378
Symantec (nasdaq: SYMC - news - people ) 43.64 1.72 25 1242 6,313
Syntel (nasdaq: SYNT - news - people ) 17.07 0.85 20 165 661
United Online (nasdaq: UNTD - news - people ) 14.26 0.69 21 211 585
Verint Systems (nasdaq: VRNT - news - people ) 18.64 0.55 34 139 437

Prices as of Dec. 3. EPS: Earnings per share. P/E: Price-to-earnings ratio. Sources: Bloomberg Financial Markets; FT Interactive Data, Multex and Thomson Financial/IBES via FactSet Research Systems

[kravitz]

11:36AM Verint Systems -- Daily Breakout (VRNT) 21.63 +1.45: -- Update -- Shares of Nasdaq-traded Verint Systems are posting a 7.2% gain today. The $505 mln market-cap company makes digital security and surveillance solutions which include the interception of voice, fax, video, e-mail, Internet and data transmissions. The shares have touched a new 52-week high today. VRNT is projected to earn $0.41 this yr (p/e 53.6) and EPS is projected to grow 34% next yr to $0.55 (p/e 40.0).

[kravitz]

[kravitz]

Verint Systems Quarterly Conference Call To Review Results For Fourth Quarter To Be Held Wednesday, March 12, 2003, 4:30 PM EDT
Monday March 3, 9:48 am ET


WOODBURY, N.Y.--(BUSINESS WIRE)--March 3, 2003--Verint Systems Inc. (NASDAQ: VRNT - News), will be conducting a conference call to review its fiscal 2002-fourth quarter results (quarter ended January 31, 2003) and outlook on Wednesday, March 12, 2003 at 4:30 PM EDT.
An on-line, real-time Web cast of the conference call will be available on our website at www.verintsystems.com. The conference call can also be accessed live via telephone at [phone]. Please dial in 5-10 minutes prior to the scheduled start time.

A replay of the conference call will be available for seven days on our website at www.verintsystems.com and by telephone at [phone], passcode 6441815.

A press release including our fourth quarter results will be distributed after market close on Wednesday, March 12, 2003.

About Verint Systems Inc.

Verint Systems Inc., headquartered in Woodbury, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 800 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (NASDAQ: CMVT - News). Visit us at our website www.verintsystems.com.

Note: This release may contain forward-looking statements that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for Verint`s products; changes in capital spending among Verint`s current and prospective customers; the risks associated with the sale of large, complex, high-capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either Verint or its competition; risks associated with rapidly changing technology and the ability of Verint to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which Verint operates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with Verint`s ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of Verint with the Securities and Exchange Commission.

Verint, the Verint word mark, STAR-GATE, RELIANT, LORONIX and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
Verint Systems, Woodbury
Alan Roden, 516/465-1370
[e-mail]



--------------------------------------------------------------------------------
Source: Verint Systems

[kravitz]

Heute gegen den Trend!
+6%!!!
Die Zahlen werden wohl sehr gut ausfallen.

[kravitz]

[panik]

Verint Systems Reports Record Fiscal 2002 Fourth Quarter Results
Wednesday March 12, 4:06 pm ET
Sales Grow to $42.3 Million
Increases 26% y-o-y and 4% Sequentially
Diluted Earnings Per Share of $0.14


WOODBURY. N.Y.--(BUSINESS WIRE)--March 12, 2003--Verint Systems Inc. (NASDAQ: VRNT - News), announced record net income of $3,459,000 for the fourth quarter of fiscal 2002, ended January 31, 2003 ($0.14 per diluted share), compared with a net loss of $992,000 ($0.05 loss per share) for the fourth quarter of Fiscal 2001, and net income of $2,759,000 ($0.11 per diluted share) for the third quarter of Fiscal 2002.
The Company posted record sales of $42,317,000 for the fourth quarter of fiscal 2002, compared with $33,621,000 for the fourth quarter of Fiscal 2001, an increase of approximately 26% year-over-year. Verint`s sales increased approximately 4.0% sequentially, compared with $40,671,000 for the third quarter of Fiscal 2002.

For Fiscal 2002, ended January 31, 2003, net income was a record $10,147,000 ($0.43 per diluted share) compared with a net loss of $4,649,000 ($0.25 per diluted share) for Fiscal 2001. The Company posted record sales of $157,775,000 for Fiscal 2002, compared to $131,235,000 for Fiscal 2001.

Dan Bodner, President and CEO of Verint, stated, "During Fiscal 2002 we expanded our market presence for analytical software solutions in the digital security and enterprise business intelligence markets, and grew our customer base to more than 1,000 government and commercial enterprises worldwide, compared to approximately 800 at the beginning of the year."

The Company ended the quarter with record cash and cash equivalents of $133,933,000, working capital of $69,323,000, total assets of $207,050,000, and stockholders` equity of $96,166,000.

Conference Call Information

The Company will be conducting a conference call to review its fiscal 2002 fourth quarter results today at 4:30 PM EDT. An on-line, real-time Web cast of the conference call will be available on our website at www.verintsystems.com. The conference call can also be accessed live via telephone at 703-736-7228. Please dial in 5-10 minutes prior to the scheduled start time.

A replay of the conference call will be available for seven days on our website at www.verintsystems.com and by telephone at 703-925-2533, passcode 6441815.

-0-

Financial highlights at and for the three and twelve month periods
ended January 31, 2002 and 2003 are as follows:

Financial Highlights
(In thousands, except per share data)

Operations Data:
----------------------------------------------------------------------


Twelve Months Three Months
Ended Jan. 31, Ended Jan. 31,
(Unaudited)
----------------------------------
2002 2003 2002 2003
------ ------ ------ ------
Sales $131,235 $157,775 $33,621 $42,317
Cost of sales (1) 69,907 78,053 17,526 20,352
-------- -------- ------- -------
Gross profit 61,328 79,722 16,095 21,965

Operating Expenses
Research and development, net 15,184 17,357 3,774 4,763
Selling, general and
administrative 45,923 52,314 11,213 14,175
Restructuring and impairment
charges 2,754 - 1,590 -
-------- -------- ------- -------
Income (loss) from operations (2,533) 10,051 (482) 3,027

Interest and other income (expense),
net (564) 2,266 (212) 956
-------- -------- ------- -------
Income (loss) before income tax
provision (3,097) 12,317 (694) 3,983

Income tax provision 1,552 2,170 298 524
-------- -------- ------- -------
Net income (loss) $(4,649) $10,147 $(992) $3,459
======== ======== ======= =======

Earnings (loss) per share:
Basic $(0.25) $0.46 $(0.05) $0.15
======== ======== ======= =======
Diluted $(0.25) $0.43 $(0.05) $0.14
======== ======== ======= =======

Weighted average shares:
Basic 18,767 22,165 18,793 23,528
Diluted 18,767 23,542 18,793 25,190

(1) Cost of sales for all periods presented include royalties and
license fees, an expense which historically has been included as a
separate line item in our Statement of Operations. Royalties and
licensee fees included in cost of goods sold for the twelve and three
month periods ended January 31, 2003 are $3,217,000 and $853,000,
respectively, and for the twelve and three month periods ended January
31, 2002 are $2,851,000 and $765,000, respectively.


(In thousands)
Balance Sheet Data:
----------------------------------------------------------------------

January January
ASSETS 31, 31,
2002 2003
----------------------------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents $49,860 $133,933
Accounts receivable, net 30,756 27,279
Inventories 7,488 8,866
Prepaid expenses and other current assets 5,049 4,079
-------- --------
TOTAL CURRENT ASSETS 93,153 174,157

PROPERTY AND EQUIPMENT, net 12,486 12,965

OTHER ASSETS 11,087 19,928
-------- --------

TOTAL ASSETS $116,726 $207,050
======== ========

LIABILITIES AND STOCKHOLDERS` EQUITY
----------------------------------------------------------------------

CURRENT LIABILITIES:
Accounts payable and accrued expenses $38,308 $43,622
Current maturities of long-term bank loans 167 42,199
Advance payments from customers 13,518 19,013
-------- -------
TOTAL CURRENT LIABILITIES 51,993 104,834

LONG-TERM BANK LOANS 43,456 1,678
CONVERTIBLE NOTE - 2,200
OTHER LIABILITIES 2,542 2,172
-------- -------
TOTAL LIABILITIES 97,991 110,884

STOCKHOLDERS` EQUITY 18,735 96,166
-------- -------

TOTAL LIABILITIES AND STOCKHOLDERS` EQUITY $116,726 $207,050
======== =======

About Verint Systems Inc.

Verint Systems Inc., headquartered in Woodbury, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 1,000 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (NASDAQ: CMVT - News). Visit us at our website www.verintsystems.com.

Note: Certain statements concerning Verint`s future results or prospects are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for Verint`s products; changes in capital spending among Verint`s current and prospective customers; the risks associated with the sale of large, complex, high-capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either Verint or its competition; Verint`s lengthy and variable sales cycle makes it difficult to predict operating results; risks that Verint`s intellectual property rights may not be adequate to protect its business; risks associated with rapidly changing technology and the ability of Verint to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which Verint operates; risks associated with holding a large portion of assets in cash and equivalents and the reduction of prevailing interest rates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with Verint`s ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of Verint with the Securities and Exchange Commission, including Verint`s most recent Quarterly Report on Form 10-Q. All documents are available through the SEC`s Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Verint`s website at www.verintsystems.com. Verint makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made.

Verint, the Verint word mark, STAR-GATE, RELIANT, LORONIX and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
Verint Systems Inc., Woodbury
Alan Roden, 516/465-1370
[e-mail]



--------------------------------------------------------------------------------
Source: Verint Systems Inc.

[panik]

Metropolitan Washington Airports Authority Upgrades Verint`s Networked Video Security Solution At Dulles International Airport
Tuesday March 25, 9:08 am ET
Loronix Networked Video Solution Enhances Airport Security


WOODBURY, N.Y.--(BUSINESS WIRE)--March 25, 2003-- Verint Systems Inc. (NASDAQ: VRNT - News), a leading provider of analytical software-based solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced that the Metropolitan Washington Airports Authority (MWAA) has deployed Verint`s Loronix Networked Video Solution to enhance security at Washington Dulles International Airport.
ADVERTISEMENT


The MWAA is responsible for managing the two major Washington D.C. area airports.

As Washington D.C.`s largest airport, Dulles handles approximately 17 million passengers per year and employs approximately 15,000 people. Verint`s Loronix Networked Video Solution enables the MWAA to monitor airport video locally from the airport, as well as remotely from various offices located throughout the Washington D.C. area. The upgraded Loronix solution provides the MWAA with greater picture quality and the ability to efficiently manage retained video for later review and analysis. In addition, the solution is designed to integrate with other airport security systems and supports Verint`s advanced content analytics.

"We are delighted to be working with the MWAA to enhance security at the Washington Dulles International Airport," said Dan Bodner, President and CEO of Verint Systems Inc. "We have significant experience working with airports and are committed to developing new solutions and analytics to help improve airport security."

About Verint Systems Inc.

Verint Systems Inc., headquartered in Woodbury, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 1,000 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (NASDAQ: CMVT - News). Visit us at our website www.verintsystems.com.

Note: Certain statements concerning Verint`s future results or prospects are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for Verint`s products; changes in capital spending among Verint`s current and prospective customers; the risks associated with the sale of large, complex, high-capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either Verint or its competition; Verint`s lengthy and variable sales cycle makes it difficult to predict operating results; risks that Verint`s intellectual property rights may not be adequate to protect its business; risks associated with rapidly changing technology and the ability of Verint to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which Verint operates; risks associated with holding a large portion of assets in cash and equivalents and the reduction of prevailing interest rates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with Verint`s ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of Verint with the Securities and Exchange Commission, including Verint`s most recent Quarterly Report on Form 10-Q. All documents are available through the SEC`s Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Verint`s website at www.verintsystems.com. Verint makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made..

Verint, the Verint word mark, STAR-GATE, RELIANT, LORONIX and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
For Verint Systems Inc.
Industry Information
Allison Gatper, 303/450-5910
[e-mail]
or
Investor Relations
Alan Roden, 516/465-1370
[e-mail]



--------------------------------------------------------------------------------
Source: Verint Systems Inc.

[panik]

Verint Systems Extends Digital Video Solution with Acquisition of SmartSight Networks
Thursday May 22, 8:31 am ET
Acquisition Provides Verint with New Wireless Video Capabilities for Homeland Security Initiatives


MELVILLE, N.Y.--(BUSINESS WIRE)--May 22, 2003-- Verint Systems Inc. (NASDAQ: VRNT - News), a leading provider of analytical software-based solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced the acquisition of privately-held, SmartSight Networks Inc., a developer of IP-based video edge devices and software for wireless video transmission.
ADVERTISEMENT


SmartSight`s solutions enable the efficient transmission and management of video from remote locations over IP-based wireless and wireline networks. The acquisition extends the capabilities of Verint`s Digital Video Solution to further address the protection of remote perimeters and dispersed facilities, such as ports, borders, airports, military bases and critical infrastructure, which are all important elements of new homeland security initiatives.

"The acquisition of SmartSight reinforces our strategy of acquiring companies with complementary technologies to broaden our offerings and to offer customers comprehensive tightly integrated solutions," said Dan Bodner, President and CEO of Verint Systems. "SmartSight`s technology strengthens our Loronix Digital Video offering by providing our customers greater capability for effective end-to-end solutions to enhance the security of their large dispersed operations."

SmartSight Networks is headquartered in Montreal, Canada and will operate as a wholly-owned subsidiary of Verint Systems. The company`s approximately 40 employees, including its three founders, are expected to continue with the business. Bodner continued, "We look forward to adding this experienced group of managers and developers to the Verint team."

Verint Systems has acquired SmartSight Networks for approximately $7.0 million cash and 149,731 shares of Verint Common stock. The purchase price is subject to certain adjustments based on Verint`s stock price after the shares issued in this transaction become registered.

About Verint Systems Inc.

Verint Systems Inc., headquartered in Melville, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 1,000 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, e-mail, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (NASDAQ: CMVT - News). Visit us at our website www.verintsystems.com.

Note: Certain statements concerning Verint`s future results or prospects are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for Verint`s products; changes in capital spending among Verint`s current and prospective customers; the risks associated with the sale of large, complex, high-capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either Verint or its competition; Verint`s lengthy and variable sales cycle makes it difficult to predict operating results; risks that Verint`s intellectual property rights may not be adequate to protect its business; risks associated with rapidly changing technology and the ability of Verint to introduce new products on a timely and cost-effective basis the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with Verint`s ability to retain existing personnel and recruit and retain qualified personnel; risks associated with changes in the competitive or regulatory environment in which Verint operates; risks associated with holding a large portion of assets in cash and equivalents and the reduction of prevailing interest rates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; risks associated with one shareholder controlling Verint`s business and affairs; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of Verint with the Securities and Exchange Commission, including Verint`s most recent Annual Report on Form 10-K and recently filed registration statement. All documents are available through the SEC`s Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Verint`s website at www.verintsystems.com. Verint makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made.

Verint, the Verint word mark, STAR-GATE, RELIANT, LORONIX and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
For Verint Systems Inc.
Industry Information:
Allison Gapter, 303/450-5910
[e-mail]
or
Investor Relations:
Alan Roden, 631/962-9304
[e-mail]



--------------------------------------------------------------------------------
Source: Verint Systems Inc.

[panik]

Verint Announces Distributor Agreement with Lockheed Martin
Wednesday May 28, 8:33 am ET
Partnership Driven by Increased Interest for Digital Video Security Solutions by Government Customers


MELVILLE, N.Y.--(BUSINESS WIRE)--May 28, 2003--Verint Systems Inc. (NASDAQ: VRNT - News), a leading provider of analytic software-based solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced it has entered into a distributor agreement with Lockheed Martin (NYS: LMT).
ADVERTISEMENT


Under the agreement, Lockheed Martin will become a systems integrator for Verint`s Loronix Digital Video Security Solutions. Verint`s Loronix Digital Video Security Solutions enable government and commercial organizations to enhance the security of their facilities by networking video across multiple locations and applying advanced content analytics to automatically alert security personnel to potential security breaches.

"By adding Verint Systems as one of our security solutions business partners, Lockheed Martin is able to offer our customers an additional capability to help meet the increased need for the surveillance and security of their facilities," said Mark D. Bonatucci, director of security solutions for Lockheed Martin Mission Systems. "Our agreement with Verint allows our customers to access not only the system integration expertise of Lockheed Martin, but also the digital security video solutions of Verint Systems."

"Verint is pleased to enter into a partnership with Lockheed Martin," said Dan Bodner, CEO and President of Verint Systems. "With its strong systems integration business and broad presence in the government area, we look forward to working with Lockheed Martin to increase the value of our Loronix Digital Video Security Solution and to help our customers enhance the security of their operations."

About Verint Systems Inc.

Verint Systems Inc., headquartered in Melville, New York, is a leading provider of software-based analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 1,000 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (NASDAQ: CMVT - News). Visit us at our website www.verintsystems.com.

Note: Certain statements concerning Verint`s future results or prospects are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for Verint`s products; changes in capital spending among Verint`s current and prospective customers; the risks associated with the sale of large, complex, high-capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either Verint or its competition; Verint`s lengthy and variable sales cycle makes it difficult to predict operating results; risks that Verint`s intellectual property rights may not be adequate to protect its business; risks associated with rapidly changing technology and the ability of Verint to introduce new products on a timely and cost-effective basis the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with Verint`s ability to retain existing personnel and recruit and retain qualified personnel; risks associated with changes in the competitive or regulatory environment in which Verint operates; risks associated with holding a large portion of assets in cash and equivalents and the reduction of prevailing interest rates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; risks associated with one shareholder controlling Verint`s business and affairs; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of Verint with the Securities and Exchange Commission, including Verint`s most recent Annual Report on Form 10-K and recently filed registration statement on form S-3. All documents are available through the SEC`s Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Verint`s website at www.verintsystems.com. Verint makes no commitment to revise or update any forward-looking statements

Verint, the Verint word mark, STAR-GATE, RELIANT, LORONIX and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
For Verint Systems Inc.:
Investor Relations:
Alan Roden, 631/962-9304
[e-mail]
or
Industry Information:
Allison Gapter, 303/450-5910
[e-mail]



--------------------------------------------------------------------------------
Source: Verint Systems Inc.

[panik]

Verint Systems Reports Record Fiscal 2003 First Quarter Results
Tuesday June 3, 4:26 pm ET
Sales Grow to $44.4 Million
Increases 22% y-o-y
Diluted Earnings Per Share of $0.14


MELVILLE, N.Y--(BUSINESS WIRE)--June 3, 2003--Verint Systems Inc. (Nasdaq:VRNT - News) announced record sales of $44,415,000 for the first quarter of fiscal 2003, ended April 30, 2003, a 22% increase compared with $36,317,000 for the first quarter of fiscal 2002.
The Company posted record net income of $3,512,000 for the first quarter of fiscal 2003 ($0.14 per diluted share), compared with net income of $1,707,000 ($0.08 per diluted share) for the first quarter of fiscal 2002.

Dan Bodner, President and CEO of Verint, stated, "Our record first quarter results, which also represent our sixth consecutive quarter of sequential growth, were primarily due to strong sales of our actionable intelligence solutions in the security market. Our margins continued to improve during the quarter, and combined with our sales growth, resulted in a 16% sequential increase in income from operations."

The Company ended the quarter with cash and cash equivalents of $94,833,000, working capital of $71,582,000, total assets of $173,698,000, and stockholders` equity of $101,123,000.

Conference Call Information

The Company will be conducting a conference call to review its fiscal 2003 first quarter results today at 4:30 p.m. EDT. An on-line, real-time Web cast of the conference call will be available on our website at www.verintsystems.com. The conference call can also be accessed live via telephone at 703-871-3092. Please dial in 5-10 minutes prior to the scheduled start time.

A replay of the conference call will be available for seven days on our website at www.verintsystems.com and by telephone at 703-925-2533, passcode 6441815.

Financial highlights at and for the three month periods ended April 30, 2002 and 2003 are as follows:

Financial Highlights
(In thousands, except per share data, unaudited)

Condensed Consolidated Statements of Operations Data:

Three Months Ended April 30,
----------------------------
2002 2003
------- -------
Sales $36,317 $44,415
Cost of sales 18,564 20,912
------- -------
Gross profit 17,753 23,503

Operating Expenses
Research and development, net 3,892 5,335
Selling, general and administrative 11,786 14,669
------- -------
Income from operations 2,075 3,499

Interest and other income, net 113 515
------- -------
Income before income taxes 2,188 4,014

Income taxes 481 502
------- -------
Net income $ 1,707 $ 3,512
======= =======

Earnings per share:
Basic $ 0.09 $ 0.15
======= =======
Diluted $ 0.08 $ 0.14
======= =======

Weighted average shares:
Basic 18,897 23,708
Diluted 20,542 25,236

-0-

(In thousands)

Condensed Consolidated Balance Sheet Data:

January 31, 2003 April 30, 2003
ASSETS (Unaudited)
------ ---------------- --------------
CURRENT ASSETS:
Cash and cash equivalents $133,933 $ 94,833
Accounts receivable, net 27,279 32,380
Inventories 8,866 8,840
Prepaid expenses and other current
assets 4,079 3,692
-------- --------
TOTAL CURRENT ASSETS 174,157 139,745

PROPERTY AND EQUIPMENT, net 12,965 13,603

OTHER ASSETS 19,928 20,350
-------- --------

TOTAL ASSETS $207,050 $173,698
======== ========

LIABILITIES AND STOCKHOLDERS` EQUITY
------------------------------------

CURRENT LIABILITIES:
Accounts payable and accrued
expenses $ 43,622 $ 46,170
Advance payments from customers 19,013 19,586
Current maturities of long-term
bank loans 42,199 207
Convertible Note - 2,200
-------- --------
TOTAL CURRENT LIABILITIES 104,834 68,163

LONG-TERM BANK LOANS 1,678 1,691
CONVERTIBLE NOTE 2,200 -
OTHER LIABILITIES 2,172 2,721
-------- --------
TOTAL LIABILITIES 110,884 72,575

STOCKHOLDERS` EQUITY 96,166 101,123
-------- --------

TOTAL LIABILITIES AND STOCKHOLDERS`
EQUITY $207,050 $173,698
======== ========

About Verint Systems Inc.

Verint Systems Inc., headquartered in Woodbury, New York, is a leading provider of analytic software-based solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 1,000 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, e-mail, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (NASDAQ: CMVT - News). Visit us at our website www.verintsystems.com.

Note: Certain statements concerning Verint`s future results or prospects are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for Verint`s products; further decline in information technology spending; the uncertainty of customer acceptance of Verint`s products; Verint`s lengthy and variable sales cycle makes it difficult to predict operating results; dependence on contracts with governments for a significant portion of Verint`s revenues; markets for Verint`s products failing to develop; risks that Verint`s intellectual property rights may not be adequate to protect its business; risks associated with rapidly changing technology and the ability of Verint to introduce new products on a timely and cost-effective basis; Verint`s inability to maintain relationships with value added resellers and systems integrators; risks associated with Verint`s ability to retain existing personnel and recruit and retain qualified personnel; risks associated with changes in the competitive or regulatory environment in which Verint operates; risks associated with significant foreign operations, including fluctuations in foreign currency exchange rates; risks associated with Comverse Technology, Inc. controlling Verint`s business and affairs; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of Verint with the Securities and Exchange Commission. These filings documents are available through the SEC`s Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Verint`s website at www.verintsystems.com. Verint makes no commitment to revise or update any forward-looking statements

Verint, the Verint word mark, STAR-GATE, RELIANT, LORONIX and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
Verint Systems
Alan Roden, 631/962-9304
[e-mail]



--------------------------------------------------------------------------------
Source: Verint Systems Inc.

[megatip]

Barron`s: Security sector opportunity
By CBS.MarketWatch.com
Last Update: 1:00 PM ET June 14, 2003







SAN FRANCISCO (CBS.MW) -- It`s not science fiction anymore to talk about eyeball scanners, and that technology advance has lifted prospects for homeland-security investments, noted in the latest Barron`s.
One research group has an index that helps keep tabs on the prospects for the products and services that became a focus after the Sept. 11 terror strikes.

Barron`s points to Laguna Research Partners` 11-company tool that follows Armor Holdings (AH: news, chart, profile), Check Point Software Technologies (CHKP: news, chart, profile), CompuDyne (CDCY: news, chart, profile), Identix (IDNX: news, chart, profile), Internet Security Systems (ISSX: news, chart, profile), InVision Technologies (INVN: news, chart, profile), L-3 Communications (LLL: news, chart, profile), OSI Systems (OSIS: news, chart, profile), Symantec (SYMC: news, chart, profile), Viisage Technology (VISG: news, chart, profile) and Zebra Technologies (ZBRA: news, chart, profile).

All have roles in protecting airlines, such as InVision`s airport explosives detectors, or keeping intruders out of buildings or computer systems.

Indicative of the maturing sector, says Barron`s, are the indexed stocks` 91 percent first-quarter profit gain year-over-year, as well as a 4.1 percent profit margin gain, to 17.2 percent.

Stock values have also risen, especially since the creation of the federal Homeland Security Department and the expectation of a steady stream of government revenue. Another driver is interest from big private equity investors, investment banker Jack Mallon of Mallon & Associates tells Barron`s.

Major defense contractors are also eyeing the sector for acquisitions, further fueling prospects for even higher stock gains, Barron`s says.

Among the other security firms mentioned in the article are Drexler Technology (DRXR: news, chart, profile), with a government contract on scannable ID cards, video security company Verint Systems (VRNT: news, chart, profile) and body-armor manufacturer Ceradyne (CRDN: news, chart, profile).

[panik]

Verint Receives Multi-Million Dollar Order For RELIANT Communications Interception Solution From New Government Agency Customer in the United States
Wednesday July 23, 8:45 am ET


MELVILLE, N.Y.--(BUSINESS WIRE)--July 23, 2003--Verint Systems Inc. (NASDAQ:VRNT - News), a leading provider of analytic software-based solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced that it has received a multi-million dollar order for its RELIANT Communications Interception Solution from a new government agency customer in the United States.
Verint`s RELIANT Communications Interception Solution enables authorized government agencies to intercept and analyze voice and data communications for a variety of investigative purposes, including gathering intelligence in order to identify and prevent criminal activities and to establish evidence for the conviction of criminals. RELIANT is compliant with the standards established by the Communications Assistance Law Enforcement Act (CALEA) in North America.

"We are delighted to be working with this new government agency customer," said Dan Bodner, President and CEO of Verint Systems Inc. "We have significant experience working with government and law enforcement agencies worldwide, and are committed to developing advanced voice and data communications interception solutions."

About Verint Systems Inc.

Verint Systems Inc., headquartered in Melville, New York, is a leading provider of analytic software-based solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 1,000 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology, Inc. (NASDAQ:CMVT - News). Visit us at our website www.verint.com.

Note: Certain statements concerning Verint`s future results or prospects are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for Verint`s products; further decline in information technology spending; the uncertainty of customer acceptance of Verint`s products; Verint`s lengthy and variable sales cycle makes it difficult to predict operating results; dependence on contracts with governments for a significant portion of Verint`s revenues; markets for Verint`s products failing to develop; risks that Verint`s intellectual property rights may not be adequate to protect its business; risks associated with rapidly changing technology and the ability of Verint to introduce new products on a timely and cost-effective basis; inability to maintain relationships with value added resellers and systems integrators; risks associated with Verint`s ability to retain existing personnel and recruit and retain qualified personnel; risks associated with changes in the competitive or regulatory environment in which Verint operates; risks associated with significant foreign operations, including fluctuations in foreign currency exchange rates; risks associated with Comverse Technology, Inc. controlling Verint`s business and affairs; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of Verint with the Securities and Exchange Commission. All documents are available through the SEC`s Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Verint`s website at www.verint.com. Verint makes no commitment to revise or update any forward-looking statements.

Verint, the Verint word mark, STAR-GATE, RELIANT, LORONIX and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
Verint Systems Inc., Melville
Industry Information:
Mariann McDonagh, 631-962-9430
[e-mail]
or
Investor Relations:
Alan Roden, 631-962-9304
[e-mail]



--------------------------------------------------------------------------------
Source: Verint Systems Inc.

[panik]

Home Depot Selects Verint`s Digital Video Solution
Tuesday September 16, 9:00 am ET
Initial Order Received in Second Quarter and Currently Deploying


MELVILLE, N.Y.--(BUSINESS WIRE)--Sept. 16, 2003--Verint Systems Inc. (NASDAQ: VRNT - News), a leading provider of analytic software-based solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced that Home Depot (NYSE: HD - News) has selected and is currently deploying its Loronix Digital Video Solution.
Home Depot is deploying Verint`s Loronix Video Solution within its stores for a variety of business purposes, including enhancing security, ensuring a safe environment for its employees and customers, reducing shrinkage and monitoring self-checkout stations. Home Depot selected Verint after completing an extensive review of their business objectives and pilots and integration of Verint`s Loronix Video Solution with Home Depot`s business systems.

"With more than 1,600 stores, Home Depot is committed to deploying technology to efficiently manage our operations and ensure a safe and secure environment for our employees and customers," said Marvin Ellison, Home Depot`s VP of Loss Prevention. "We view Verint`s Loronix Video Solution as a multi-dimensional retail tool. Therefore, we are deploying their technology to meet a number of important objectives, including reducing shrinkage and generating business intelligence that can be used to improve merchandising."

"We are delighted to be working with Home Depot to help them improve their operations," said Dan Bodner, president and CEO of Verint Systems Inc. "We continue to develop new video solutions for our retail customers and are committed to the retail market."

About Home Depot

Founded in 1978, The Home Depot is the world`s largest home improvement specialty retailer and the second largest retailer in the United States, with fiscal 2002 sales of $58.2 billion. The company employs approximately 315,000 associates and has 1,576 stores in 50 states, the District of Columbia, Puerto Rico, eight Canadian provinces and Mexico. Its stock is traded on the New York Stock Exchange and is included in the Dow Jones Industrial Average and Standard & Poor`s 500 Index. www.homedepot.com.

About Verint Systems Inc.

Verint Systems Inc., with headquarters in Melville, N.Y., is a leading provider of analytic software-based solutions for communications interception, digital video security and surveillance and enterprise business intelligence. Verint software, which is used by over 1,000 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology Inc. (NASDAQ: CMVT - News). Visit us at our Web site www.verint.com.

Note: Certain statements concerning Verint`s future results or prospects are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for Verint`s products; further decline in information technology spending; the uncertainty of customer acceptance of Verint`s products; Verint`s lengthy and variable sales cycle makes it difficult to predict operating results; dependence on contracts with governments for a significant portion of Verint`s revenues; markets for Verint`s products failing to develop; risks that Verint`s intellectual property rights may not be adequate to protect its business; risks associated with rapidly changing technology and the ability of Verint to introduce new products on a timely and cost-effective basis; inability to maintain relationships with value added resellers and systems integrators; risks associated with Verint`s ability to retain existing personnel and recruit and retain qualified personnel; risks associated with changes in the competitive or regulatory environment in which Verint operates; risks associated with significant foreign operations, including fluctuations in foreign currency exchange rates; risks associated with Comverse Technology, Inc. controlling Verint`s business and affairs; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of Verint with the Securities and Exchange Commission. All documents are available through the SEC`s Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Verint`s Web site at www.verint.com. Verint makes no commitment to revise or update any forward-looking statements.

Verint, the Verint word mark, STAR-GATE, RELIANT, LORONIX and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
Verint Systems Inc., Melville
Investor Relations:
Alan Roden, 631-962-9304
[e-mail]
or
Industry Information:
Allison Gapter, 303-450-5910
[e-mail]



--------------------------------------------------------------------------------
Source: Verint Systems Inc.

[panik]

Credit Suisse First Boston Enhances Security of Its Asia Operations with Verint`s Digital Video Solution
Monday September 22, 9:09 am ET
Global Investment Bank Deploys Loronix Digital Video Solution in Eight Asia Locations


MELVILLE, N.Y.--(BUSINESS WIRE)--Sept. 22, 2003-- Verint Systems Inc. (NASDAQ: VRNT - News), a leading provider of analytic software-based solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced that Credit Suisse First Boston (CSFB) has deployed its Loronix Digital Video Solution in eight locations in Asia as part of an ongoing program to centralize its security monitoring.
ADVERTISEMENT


CSFB is a global investment bank with 69 offices worldwide, including 15 offices in Asia. The Loronix Digital Video Solution has enabled CSFB to centralize its security monitoring by networking video from eight offices throughout Asia to its security operations headquarters in Singapore. By doing so, CSFB has been able to monitor the security at its facilities both locally and remotely, and alert security personnel to potential issues.

"Verint`s Loronix Digital Video Solution has provided CSFB with video management capabilities that enhance the security of our Asian operations," said John Roberton, the Regional Head of Security for CSFB in Singapore. "In addition, the Loronix system has provided us with a solution that we can easily extend to other locations."

"We believe that our scalable Loronix Digital Video Solution is well suited for global companies, such as CSFB, that have multiple offices and are looking to enhance the security of their operations with a networked solution," said Dan Bodner, CEO and President of Verint Systems. "We are delighted to be working with CSFB in meeting their security objectives."

Verint`s Loronix Digital Video Security Solutions enable government and commercial organizations to enhance the security of their facilities by networking video across multiple locations and applying advanced content analytics to extract actionable intelligence from video in real-time. By alerting security personnel to potential security threats, Verint`s Digital Video Solution is designed to help organizations prevent security breaches and improve response time.

About Verint Systems Inc.

Verint Systems Inc., headquartered in Melville, New York, is a leading provider of analytic software-based solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 1,000 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology, Inc. (NASDAQ: CMVT - News). Visit us at our website www.verint.com.

Note: Certain statements concerning Verint`s future results or prospects are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for Verint`s products; further decline in information technology spending; the uncertainty of customer acceptance of Verint`s products; Verint`s lengthy and variable sales cycle makes it difficult to predict operating results; dependence on contracts with governments for a significant portion of Verint`s revenues; markets for Verint`s products failing to develop; risks that Verint`s intellectual property rights may not be adequate to protect its business; risks associated with rapidly changing technology and the ability of Verint to introduce new products on a timely and cost-effective basis; inability to maintain relationships with value added resellers and systems integrators; risks associated with Verint`s ability to retain existing personnel and recruit and retain qualified personnel; risks associated with changes in the competitive or regulatory environment in which Verint operates; risks associated with significant foreign operations, including fluctuations in foreign currency exchange rates; risks associated with Comverse Technology, Inc. controlling Verint`s business and affairs; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of Verint with the Securities and Exchange Commission. All documents are available through the SEC`s Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Verint`s website at www.verint.com. Verint makes no commitment to revise or update any forward-looking statements.

Verint, the Verint word mark, STAR-GATE, RELIANT, LORONIX and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
Industry Information
Loronix Digital Video Solution
Allison Gapter, 303-450-5910
[e-mail]
OR
Investor Relations
Verint Systems Inc.
Alan Roden, 631-962-9304
[e-mail]



--------------------------------------------------------------------------------
Source: Verint Systems Inc.

[panik]

Verint Systems Continues Expansion in India Through Partnership with Leading Systems Integrator Datacraft
Wednesday September 24, 9:06 am ET
Datacraft Will Bring ULTRA`s Actionable Intelligence to Growing Indian Market


MELVILLE, N.Y.--(BUSINESS WIRE)--Sept. 24, 2003-- Verint Systems Inc. (NASDAQ: VRNT - News), a leading provider of analytic software-based solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced that it has entered into a distribution agreement with Datacraft India Ltd. (SES: Datacrft) to deliver Verint`s ULTRA Intelligent Recording Solution to the Indian contact center business intelligence market.
ADVERTISEMENT


The new partnership will provide actionable intelligence solutions to leading global enterprises with contact center operations in India.

"Our alliance with Datacraft supports Verint`s continued expansion in India," says Dan Bodner, Verint`s President and CEO. "The combination of Datacraft`s market position, reputation and skilled staff of industry-accredited professionals, provides Verint with a strong local partner and positions us for success in the Indian market."

Datacraft India is the leading Network Systems Integrator in India, offering Customer Interaction Solutions (CIS) that enhance contact center productivity and quality for enterprises and telecom service providers. With headquarters in Hong Kong and Singapore, Datacraft has more than 50 offices and a staff of more than 1,200 in 13 Asia-Pacific markets.

"We have seen contact center capacity in India grow in the last year, and India now enjoys a leading share of the Asia-Pacific contact center market," said C. Dilip Kumar, Regional Director for Datacraft India, "We are pleased to be working with Verint and their powerful ULTRA solution to enhance the quality of agent-customer interactions in contact centers and deliver actionable intelligence to forward-thinking enterprises in India."

Verint`s ULTRA Intelligent Recording is designed to drive enterprise quality by enabling organizations of all sizes to cost-effectively capture every customer interaction and extract actionable intelligence from telephone, Voice-over-IP, email, chat or agent-assisted co-browsing contacts. Easy access to customer data through ULTRA`s Web-based desktop portal enables enterprises to use what they learn from customer contacts to optimize their processes, increase productivity, comply with risk management requirements and improve service to their customers.

About Datacraft Asia

Datacraft is a leading independent IT services company in Asia-Pacific, offering application network solutions for enterprises, telecom service providers and contact centers. With headquarters in Hong Kong and Singapore, Datacraft has more than 50 offices and a staff of more than 1,200 in 13 Asia-Pacific markets. Datacraft India was named the #1 Networking Systems Integrator for 2002 in India by Voice & Data, the region`s well-known IT, telecom and business process outsourcing publication, which credits Datacraft with a leading Indian market share.

About Verint Systems Inc.

Verint Systems Inc., headquartered in Melville, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 1,000 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology, Inc. (NASDAQ: CMVT - News). Visit us at our website www.verint.com.

Note: Certain statements concerning Verint`s future results or prospects are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for Verint`s products; further decline in information technology spending; the uncertainty of customer acceptance of Verint`s products; Verint`s lengthy and variable sales cycle makes it difficult to predict operating results; dependence on contracts with governments for a significant portion of Verint`s revenues; markets for Verint`s products failing to develop; risks that Verint`s intellectual property rights may not be adequate to protect its business; risks associated with rapidly changing technology and the ability of Verint to introduce new products on a timely and cost-effective basis; inability to maintain relationships with value added resellers and systems integrators; risks associated with Verint`s ability to retain existing personnel and recruit and retain qualified personnel; risks associated with changes in the competitive or regulatory environment in which Verint operates; risks associated with significant foreign operations, including fluctuations in foreign currency exchange rates; risks associated with Comverse Technology, Inc. controlling Verint`s business and affairs; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of Verint with the Securities and Exchange Commission. All documents are available through the SEC`s Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Verint`s website at www.verint.com. Verint makes no commitment to revise or update any forward-looking statements.

Verint, the Verint word mark, STAR-GATE, RELIANT, LORONIX and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
Verint Systems Inc.
(Industry Information)
Mariann McDonagh, 631/962-9430
[e-mail]
(Investor Information)
Alan Roden, 631/962-9430
[e-mail]



--------------------------------------------------------------------------------
Source: Verint Systems Inc.

[panik]

Verint`s Digital Video Security Solution Deployed to Help Prevent Unauthorized Entry of International Passengers into the United States
Wednesday October 1, 8:45 am ET
Loronix Video Solution Being Implemented for Department of Homeland Security`s Bureau of Citizenship and Immigration Services by a New International Gateway Airport Customer


MELVILLE, N.Y.--(BUSINESS WIRE)--Oct. 1, 2003-- Verint Systems Inc. (NASDAQ: VRNT - News), a leading provider of analytic software-based solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced that a new international gateway airport customer has deployed its Digital Video Solution for the Department of Homeland Security`s Bureau of Citizenship and Immigration Services (BCIS).
ADVERTISEMENT


Formed in March 2003 through the transition of services from the U.S. Immigration and Naturalization Services into the Department of Homeland Security, the BCIS is responsible for the administration of immigration and naturalization functions and establishing immigration services polices and priorities. Verint`s Loronix Digital Video Solution has been deployed by this new airport customer in their international passenger transit areas and is being used by the BCIS to help prevent unauthorized passengers from entering the country. Verint digital video solutions are designed to enhance security and improve response time by alerting security personnel to potential security breaches in real-time.

"Airport security is being addressed by multiple organizations, including airport authorities and federal agencies such as the Department of Homeland Security," said Dan Bodner, President and CEO of Verint Systems Inc. "Verint`s networked digital video solution and analytics are well suited for security initiatives that require a close cooperation among different agencies and we are committed to developing new analytical solutions to help improve airport security."

Verint`s Loronix Digital Video Security Solutions enable government and commercial organizations to enhance the security of their facilities by networking video across multiple locations and applying advanced content analytics to extract actionable intelligence from video in real-time. By alerting security personnel to potential security threats, Verint`s Digital Video Solution is designed to help organizations prevent security breaches and improve response time.

About Verint Systems Inc.

Verint Systems Inc., headquartered in Melville, New York, is a leading provider of analytic software-based solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 1,000 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology, Inc. (NASDAQ: CMVT - News). Visit us at our website www.verint.com.

Note: Certain statements concerning Verint`s future results or prospects are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for Verint`s products; further decline in information technology spending; the uncertainty of customer acceptance of Verint`s products; Verint`s lengthy and variable sales cycle makes it difficult to predict operating results; dependence on contracts with governments for a significant portion of Verint`s revenues; markets for Verint`s products failing to develop; risks that Verint`s intellectual property rights may not be adequate to protect its business; risks associated with rapidly changing technology and the ability of Verint to introduce new products on a timely and cost-effective basis; inability to maintain relationships with value added resellers and systems integrators; risks associated with Verint`s ability to retain existing personnel and recruit and retain qualified personnel; risks associated with changes in the competitive or regulatory environment in which Verint operates; risks associated with significant foreign operations, including fluctuations in foreign currency exchange rates; risks associated with Comverse Technology, Inc. controlling Verint`s business and affairs; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of Verint with the Securities and Exchange Commission. All documents are available through the SEC`s Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Verint`s website at www.verint.com. Verint makes no commitment to revise or update any forward-looking statements.

Verint, the Verint word mark, STAR-GATE, RELIANT, LORONIX and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
Loronix Digital Video Solution
Industry Information:
Allison Gapter, 303-450-5910
[e-mail]
or
Verint Systems Inc.
Investor Relations:
Alan Roden, 631-962-9304
[e-mail]



--------------------------------------------------------------------------------
Source: Verint Systems Inc.

[panik]

Verint Systems Reports Record Fiscal 2003 Third Quarter Results
Wednesday December 3, 4:03 pm ET
Sales Grow to $49.0 Million
Increases 21% y-o-y
Diluted Earnings Per Share of $0.15


MELVILLE, N.Y.--(BUSINESS WIRE)--Dec. 3, 2003--Verint Systems Inc. (NASDAQ: VRNT - News), announced record sales of $49,012,000 for the third quarter of fiscal 2003, ended October 31, 2003, a 21% increase compared with $40,671,000 for the third quarter of fiscal 2002.
The Company posted record net income of $4,667,000 for the third quarter of fiscal 2003 ($0.15 per diluted share), compared with net income of $2,759,000 ($0.11 per diluted share) for the third quarter of fiscal 2002.

Dan Bodner, President and CEO of Verint, stated, "Our record third quarter results, which also represent our eighth consecutive quarter of sequential growth, were due to strong sales of our actionable intelligence solutions in the security market, as well as growing demand in the business intelligence market. Our margins continued to improve during the quarter, and combined with our sales growth, resulted in an 8% sequential increase in income from operations."

The Company ended the quarter with record cash and cash equivalents of $223,686,000, working capital of $198,624,000, total assets of $323,923,000, and stockholders` equity of $238,421,000.

Conference Call Information

The Company will be conducting a conference call to review its fiscal 2003 third quarter results today at 4:30 PM EST. An on-line, real-time Web cast of the conference call will be available on our website at www.verint.com. The conference call can also be accessed live via telephone at 703-871-3092. Please dial in 5-10 minutes prior to the scheduled start time.

A replay of the conference call will be available on our website at www.verint.com and by telephone at 703-925-2533, passcode 810826.

Financial highlights at and for the nine and three month periods ended October 31, 2002 and 2003 are as follows:

----------------------------------------------------------------------
Financial Highlights
(In thousands, except per share data, unaudited)


Condensed Consolidated Statements of Operations Data:
----------------------------------------------------------------------
Nine Months Three Months
--------------------- -------------------
Ended October 31, Ended October 31,
--------------------- -------------------
2002 2003 2002 2003
---------- ---------- --------- ---------
Sales $ 115,458 $ 140,319 $ 40,671 $ 49,012
Cost of sales 57,701 65,238 19,749 22,560
---------- ---------- --------- ---------
Gross Profit 57,757 75,081 20,922 26,452

Operating Expenses
Research and development,
net 12,594 16,979 4,464 5,952
Selling, general and
administrative 38,139 46,014 13,741 16,044
---------- ---------- --------- ---------
Income from operations 7,024 12,088 2,717 4,456

Interest and other income,
net 1,310 1,813 637 878
---------- ---------- --------- ---------
Income before income taxes 8,334 13,901 3,354 5,334

Income taxes 1,646 1,745 595 667
---------- ---------- --------- ---------
Net income $ 6,688 $ 12,156 $ 2,759 $ 4,667
========== ========== ========= =========

Earnings per share:
Basic $ 0.31 $ 0.45 $ 0.12 $ 0.16
========== ========== ========= =========
Diluted $ 0.29 $ 0.42 $ 0.11 $ 0.15
========== ========== ========= =========

Weighted average shares:
Basic 21,706 26,895 23,434 29,870
Diluted 22,977 28,645 24,231 31,621
----------------------------------------------------------------------


(In thousands)

Condensed Consolidated Balance Sheet Data:
----------------------------------------------------------------------

January October
31, 31,
2003 2003
ASSETS (Unaudited)
------ ---------- ----------
CURRENT ASSETS:
Cash and cash equivalents $ 133,933 $ 223,686
Accounts receivable, net 27,279 33,533
Inventories 8,866 15,621
Prepaid expenses and other current assets 4,079 6,714
---------- ----------
TOTAL CURRENT ASSETS 174,157 279,554

PROPERTY AND EQUIPMENT, net 12,965 13,787

OTHER ASSETS 19,928 30,582
---------- ----------

TOTAL ASSETS $ 207,050 $ 323,923
========== ==========

LIABILITIES AND STOCKHOLDERS` EQUITY
------------------------------------

CURRENT LIABILITIES:
Accounts payable and accrued expenses $ 43,622 $ 55,687
Advance payments from customers 19,013 22,612
Current maturities of long-term bank loans 42,199 431
Convertible note - 2,200
---------- ----------
TOTAL CURRENT LIABILITIES 104,834 80,930

LONG-TERM BANK LOANS 1,678 1,821
CONVERTIBLE NOTE 2,200 -
OTHER LIABILITIES 2,172 2,751
---------- ----------
TOTAL LIABILITIES 110,884 85,502

STOCKHOLDERS` EQUITY 96,166 238,421
---------- ----------

TOTAL LIABILITIES AND STOCKHOLDERS` EQUITY $ 207,050 $ 323,923
========== ==========
----------------------------------------------------------------------

About Verint Systems Inc.

Verint Systems Inc., headquartered in Melville, New York, is a leading provider of analytic software-based solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 1,000 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology, Inc. (NASDAQ: CMVT - News). Visit us at our website www.verint.com.

Note: Certain statements concerning Verint`s future results or prospects are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for Verint`s products; further decline in information technology spending; the uncertainty of customer acceptance of Verint`s products; Verint`s lengthy and variable sales cycle makes it difficult to predict operating results; dependence on contracts with governments for a significant portion of Verint`s revenues; markets for Verint`s products failing to develop; risks that Verint`s intellectual property rights may not be adequate to protect its business; risks associated with rapidly changing technology and the ability of Verint to introduce new products on a timely and cost-effective basis; inability to maintain relationships with value added resellers and systems integrators; risks associated with Verint`s ability to retain existing personnel and recruit and retain qualified personnel; risks associated with changes in the competitive or regulatory environment in which Verint operates; risks associated with significant foreign operations, including fluctuations in foreign currency exchange rates; risks associated with Comverse Technology, Inc. controlling Verint`s business and affairs; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of Verint with the Securities and Exchange Commission. All documents are available through the SEC`s Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Verint`s website at www.verint.com. Verint makes no commitment to revise or update any forward-looking statements.

Verint, the Verint word mark, STAR-GATE, RELIANT, LORONIX and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



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Contact:
Verint Systems Inc.
Alan Roden, 631-962-9304
[e-mail]



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Source: Verint Systems Inc.

[panik]

Wall Street Transcript
Homeland Security Technologies Stocks Analysis
Friday January 30, 12:35 pm ET


67 WALL STREET, New York--January 30, 2004-- In an in-depth (3,300 words) Analyst Interview, Brian Ruttenbur, an analyst at Morgan Keegan & Company, examines the outlook for the sector and shares specific stock recommendations. This interview excerpt is part of an in-depth analyst interview from our 45-page Homeland Security Issue featuring in-depth interviews from three analysts and top management from nine sector firms discussing port security & intelligence, homeland security budgets, growth rates, physical security equipment, federal funding, US-Visit program, borders security, political mandates, stocks to avoid, stock recommendations and more. This issue is available to subscribers by telephoning 212-952-7400 x1799 or through The Wall Street Transcript
TWST: Brian, can we start with a quick overview of your coverage at this point?

Mr. Ruttenbur: I cover homeland security technologies. I focus in on a couple of areas within homeland security such as physical security equipment and companies that help to track and identify individuals. That`s everything from X-ray screen equipment, infrared cameras, biometrics, ID card, communications intercept and digital video surveillance.

TWST: Certainly homeland security got a tremendous amount of attention after 9/11. Is that still the case or has it quieted down in general?

Mr. Ruttenbur: There`s a lot of attention, but the funds coming out of the Department of Homeland Security and from the US government have been slow in being awarded. My opinion is that the US government is just trying to get its act together at this point. The Department of Homeland Security is a brand new department and there are a lot of new people in the department. Everybody`s just trying to figure out which way`s up; therefore the money from Homeland Security is slow in coming.

TWST: But it`s been a year and a half, two years.

Mr. Ruttenbur: It`s been two-plus years since 9/11, but since the Department of Homeland Security has actually been formed, it`s been less than a year.

TWST: Is there any sign that they`re beginning to make progress?

Mr. Ruttenbur: Yes, there are signs that they`re making progress, but the dollars flowing out are still slow. I think that they`re making baby steps.

TWST: Is it just political reticence or are there some issues?

Mr. Ruttenbur: This is the second-biggest department in the US government, formed just nine months ago. People from other departments are being brought in to run this brand new agency and they`re not all being housed in a central compound. They`re being housed all over Washington, DC, and Virginia. They`re trying to distribute the second-largest budget within the US government in a very short period of time. There are a lot of issues. It`s going to take years to resolve everything.

TWST: Who is the recipient?

Mr. Ruttenbur: First of all, it`s narrowed down to three prime systems integrators. One of those three primes will win this contract. That`s Accenture (ACN), Computer Sciences Corporation (CSC) or Lockheed Martin (LMT). The big winners, in our opinion, will be the subs to those primes.

For example, I cover two companies that are partnered with these companies. That would be Identix (IDNX) and Drexler (DRXR). Identix is a biometrics company, a finger and facial biometric company. Drexler is a smart ID card company that is actually the same company that produced the 20 million green cards and border-crossing cards for the US government.

TWST: Does that give them a leg up?

Mr. Ruttenbur: Yes. It definitely makes them a known quantity with a known technology for the US government to use.

TWST: How quickly will this be reflected in their results?

Mr. Ruttenbur: The award will take place in May. The implementation has to happen this summer because of the October 26 deadline, at least for the visa. We`ll know in pretty short order in 2004 what the initial revenue impact to the winners will be.

TWST: Is it likely to be significant or is it going to be one of these slow startup programs?

Mr. Ruttenbur: It`s likely to be significant because it states that everybody coming into the United States with a visa by that specific date has to have a multiple biometric visa, so there has to be a pretty good ramp. There are approximately 23-28 million people coming into the United States with visas per year, so for example, if all those 23-28 million people carried an ID card that costs $3.25, it would mean $75 million plus in revenue to a company like Drexler.

On Identix, you can come up with some large numbers, too, if everybody has a finger and facial biometric made by Identix on that ID card.

TWST: Are these significant numbers relative to their current size?

Mr. Ruttenbur: Absolutely. This would triple the size of Drexler. This would be a 20%-30% increase in Identix.

TWST: Do they have the capability of ramping up and handling this?

Mr. Ruttenbur: Yes. On the Identix side, it`s software that already exists. On the Drexler side, it`s cards. Drexler has the capability to ramp up card production.

TWST: Are you recommending either of these at this point?

Mr. Ruttenbur: I am. I have an outperform rating on Drexler and a market perform rating on Identix.

TWST: Who are the players in the space that, if things do change, could benefit?

Mr. Ruttenbur: American Science & Engineering (ASE), OSI Systems (OSIS), and Invision (INVN). I cover all of those. And then there are some others like L-3 (LLL) that should benefit.

TWST: How do you define smart cameras?

Mr. Ruttenber: Both on the technology of the camera, like the infrared camera of FLIR (FLIR), and using software of a company like Verint (VRNT) to make judgments on what the camera is seeing and if this is a threat or not.

TWST: Where are these typically being employed?

Mr. Ruttenber: By the military and by the government in securing our bases, at our ports and borders, on ships and airplanes and in a variety of defense and homeland security arenas.

TWST: So it`s a proven technology, then.

Mr. Ruttenber: Yes.

TWST: And who are the players again?

Mr. Ruttenber: FLIR and Verint. There are other companies out there playing in the infrared space and the communications intercept space, but those are the two that I follow.

TWST: Are you recommending either of those?

Mr. Ruttenber: I am recommending Verint.

TWST: What`s the appeal of Verint versus Flir?

Mr. Ruttenber: The growth is much higher in Verint. Verint is growing earnings north of 30%. It has expanding margins and is inexpensive versus its growth rates.

FLIR is nearly fully valued. It`s more of a valuation call on FLIR. They`re both outstanding companies with great products.

TWST: When they do come, is it because of political pressure or because of changing desires? What`s the driver?

Mr. Ruttenbur: It`s primarily political mandates on where the money needs to be spent with accompanying deadlines. When you have money and deadlines and a mandate for something, that`s when I get excited. There are a lot of mandates out there, but when you don`t have the appropriations tied to them or deadlines, they have no teeth.

This interview excerpt is part of an in-depth analyst interview from our 45-page Homeland Security Issue featuring in-depth interviews from three analysts and top management from nine sector firms discussing port security & intelligence, homeland security budgets, growth rates, physical security equipment, federal funding, US-Visit program, borders security, political mandates, stocks to avoid, stock recommendations and more. This issue is available to subscribers by telephoning 212-952-7400 x1799 or through The Wall Street Transcript .

The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations.

[panik]

Metropolitan Water District of Southern California Enhances Security with Verint Digital Video Solution
Wednesday February 4, 8:30 am ET
Verint Solution Will Help Protect Perimeter of California`s Water Distribution Infrastructure


MELVILLE, N.Y.--(BUSINESS WIRE)--Feb. 4, 2004-- Verint Systems Inc. (NASDAQ:VRNT - News), a leading provider of analytic software-based solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced that the Metropolitan Water District of Southern California is deploying Verint`s Digital Video Solution to enhance perimeter security of its water distribution infrastructure.
ADVERTISEMENT


The Metropolitan Water District of Southern California is a consortium of 26 cities and water districts that provides 1.7 billion gallons of water each day to nearly 18 million people in parts of Los Angeles, Orange, San Diego, Riverside, San Bernardino and Ventura counties. The Verint solution will enable the Metropolitan Water District of Southern California to enhance the security of its extensive perimeter and remote facilities by centrally managing and analyzing video transmitted over both wireless and wireline networks. This comprehensive digital video solution will be delivered to the Metropolitan Water District of Southern California in conjunction with Verint partner, Johnson Controls.

"In today`s environment, water suppliers and other civil authorities are seeking to enhance the security of their core infrastructure and sensitive, often geographically dispersed facilities," said Dan Bodner, President and CEO of Verint Systems Inc. "Verint`s scalable Digital Video Solution, with its advanced video management, wireless connectivity and actionable intelligence capabilities, is designed to help the Metropolitan Water District of Southern California meet its increased security objectives."

Verint`s Digital Video Security Solutions enable government and commercial organizations to enhance the security of their facilities by networking video across multiple locations and applying advanced content analytics to extract actionable intelligence from video in real-time. By alerting security personnel to potential security threats, Verint`s Digital Video Solution is designed to help organizations prevent security breaches and improve response time.

About Verint Systems Inc.

Verint Systems Inc., headquartered in Melville, New York, is a leading provider of analytic software-based solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. Verint software, which is used by over 1,000 organizations in over 50 countries worldwide, generates actionable intelligence through the collection, retention and analysis of voice, fax, video, email, Internet and data transmissions from multiple communications networks. Verint is a subsidiary of Comverse Technology, Inc. (NASDAQ:CMVT - News). Visit us at our website www.verint.com.

Note: Certain statements concerning Verint`s future results or prospects are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for Verint`s products; further decline in information technology spending; the uncertainty of customer acceptance of Verint`s products; Verint`s lengthy and variable sales cycle makes it difficult to predict operating results; dependence on contracts with governments for a significant portion of Verint`s revenues; markets for Verint`s products failing to develop; risks that Verint`s intellectual property rights may not be adequate to protect its business; risks associated with rapidly changing technology and the ability of Verint to introduce new products on a timely and cost-effective basis; inability to maintain relationships with value added resellers and systems integrators; risks associated with Verint`s ability to retain existing personnel and recruit and retain qualified personnel; risks associated with changes in the competitive or regulatory environment in which Verint operates; risks associated with significant foreign operations, including fluctuations in foreign currency exchange rates; risks associated with Comverse Technology, Inc. controlling Verint`s business and affairs; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of Verint with the Securities and Exchange Commission. All documents are available through the SEC`s Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Verint`s website at www.verint.com. Verint makes no commitment to revise or update any forward-looking statements

Verint, the Verint word mark, STAR-GATE, RELIANT, LORONIX and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
Verint Systems Inc.
Industry Information
Mariann McDonagh, 631-962-9430
[e-mail]
or
Investor Relations
Alan Roden, 631-962-9304
[e-mail]



--------------------------------------------------------------------------------
Source: Verint Systems Inc.

[panik]

8:37AM VRNT likely to beat estimates when it reports JanQ tomorrow -- Fulcrum 26.00: Fulcrum expects Verint to report upside on revs and EPS when the co reports Q4 (Jan) results tomorrow after the close. Based on its channel checks and customer visits, the firm believes the co`s security business, which represents 2/3 of revenue, grew 33% in Q4. This figure could be even closer to 40%. Verint`s Enterprise Business Intelligence unit represents 1/3 of revenues - management had only guided for a 3% gain, but Fulcrum believes it grew closer to 30%, somewhere in the high teens. These figures suggest the co is likely to beat numbers by a few pennies and a comfortable margin. The firm is looking for substantially higher guidance for 2004 and 2005 due to current business strength in both the security sector and the enterprise business intelligence markets.

[panik]

Dow Jones Business News
Verint Systems 4Q EPS Beats Views On Higher Demand
Wednesday March 10, 6:34 pm ET


MELVILLE, N.Y. (Dow Jones)--Verint Systems Inc. (NasdaqNM:VRNT - News) posted a 67% surge in its fourth-quarter profit, boosted by stronger sales on steady demand of its actionable intelligence solutions in the security market and rising demand in the business intelligence market.
In a press release Wednesday, the provider of analytic software said it earned $5.78 million, or 18 cents a share, in the fourth quarter ended January 31. A year earlier, the company earned $3.46 million, or 14 cents a share.

Thomson First Call (News - Websites) projected earnings of 16 cents for the latest quarter.

Fourth-quarter sales were $52.4 million, a 24% increase from previous year`s $ 42.3 million.


Verint Systems Inc. - Melville, N.Y.
4th Quar Jan. 31:
2003 2002
Sales $52,425,000 $42,317,000
Net income 5,782,000 3,459,000
Avg shrs (diluted) 31,719,000 25,190,000
Shr earns
Net income .18 .14
Year:
Sales 192,744,000 157,775,000
Net income 17,938,000 10,147,000
Avg shrs (diluted) 29,437,000 23,542,000
Shr earns
Net income .61 .43

-Judy Lam; Dow Jones Newswires; 201-938-5400