Verint Announces New Communications Interception Capabilities for Service Provider Market (email this article)

MELVILLE, N.Y.--(BUSINESS WIRE)--Dec. 14, 2005--Verint Systems Inc. (Company Profile, Past Stories, Case Studies) (NASDAQ: VRNT - News), a leading provider of analytic software-based solutions for communications interception, networked video security and business intelligence, announced today that is has expanded the functionality of its STAR-GATE(TM) Communications Interception Solution to enable service providers to more effectively address emerging communications interception requirements for VoIP and broadband packet-data services.

Built upon Verint's extensive experience working with wireline, wireless, Internet and cable service providers and deep understanding of communications interception requirements across jurisdictions around the world including the United States, the company's new Communications Interception capabilities enable service providers to more effectively address lawful interception obligations for traditional voice and emerging VoIP and broadband packet-data services as well as emerging standards such as video-over-packet. STAR-GATE's new capabilities include an enhanced user interface and sophisticated data analytics, enabling service providers to reduce the complexity of complying with local communications interception requirements while improving the delivery of intercepted communications to law enforcements and government agencies.

"Verint's deep understanding of the global communications interception market and dedicated research and development team has enabled us to quickly respond to the rapidly changing market and technology requirements for communications interception solutions," said Dan Bodner, President and CEO of Verint Systems. "In particular, our deep customer relationships have enabled Verint to recognize early the need for VoIP and broadband packet-data intercept capabilities and our new capabilities offer our global customer base the broadest suite of applications for their voice and data communications requirements."

Verint's STAR-GATE Communications Interceptions Solutions are designed to be compliant with standards established for CALEA (Communications Assistance to Law Enforcement Act) in North America, and by ETSI (European Telecommunications Standards Institute) in Europe, and other standards around the world.

About Verint Systems Inc.

Verint Systems Inc., headquartered in Melville, New York, is a leading provider of analytic software-based solutions for communications interception, networked video security and 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 revenues, earnings per share, 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 risks, uncertainties and other important factors that could cause actual results to differ materially include, among others: introducing quality products on a timely basis that satisfy customer requirements and achieve market acceptance; lengthy and variable sales cycles create difficulty in forecasting the timing of revenue; aggressive competition in all of Verint's markets, which creates pricing pressure; risks that Verint's intellectual property rights may not be adequate to protect its business or that others may claim that Verint infringes upon their intellectual property rights; risks associated with integrating the business and employees of Opus; risks associated with consummating of the acquisition of MultiVision; risks associated with integrating the assets and business acquired from ECtel Ltd. and RP Sicherheissysteme GMBH; risks associated with Verint's ability to retain existing personnel and recruit and retain qualified personnel in all geographies in which Verint operates; decline in information technology spending; changes in the demand for Verint's products; challenges in increasing gross margins; risks associated with changes in the competitive or regulatory environment in which Verint operates; dependence on government contracts; expected increase in Verint's effective tax rate; perception that Verint improperly handles sensitive or confidential information; inability to maintain relationships with value added resellers and systems integrators; difficulty of improving Verint's infrastructure in order to be able to continue to grow; risks associated with significant foreign operations, including fluctuations in foreign currency exchange rates; ri sks associated with Comverse Technology, Inc. controlling Verint's business and affairs; and other risks described in filings 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, Actionable Intelligence, Powering Actionable Intelligence, STAR-GATE, RELIANT, NEXTIVA, LORONIX, SmartSight, Lanex and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.