MELVILLE, N.Y.--(BUSINESS WIRE)--Oct. 1, 2003-- Verint Systems (Company
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Studies) 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).
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.