Three Comverse-Affiliated Directors Resign from Verint Board of Directors
May 01 2006 - 6:30AM
Business Wire
Verint Systems Inc. (NASDAQ: VRNT) (the "Company" or "Verint")
today announced that on April 28, 2006, Kobi Alexander, David
Kreinberg and William F. Sorin resigned from the Verint Systems
Inc. Board of Directors and all committees thereof, effective
immediately. Mr. Alexander served as Chairman of the Board of
Directors and as a member of the Compensation Committee and
Executive Committee. Messrs. Kreinberg and Sorin served as members
of the Compensation Committee and Executive Committee. The
announcement of these resignations follows an announcement by
Comverse Technology, Inc., Verint's 57% stockholder, that Mr.
Alexander resigned from its Board of Directors (including as
Chairman of the Board) and as its Chief Executive Officer, that Mr.
Kreinberg resigned as its Chief Financial Officer and Mr. Sorin
resigned as its Senior General Counsel and Corporate Secretary.
About Verint Systems Inc. Verint(R) Systems Inc., headquartered in
Melville, New York, is a leading provider of analytic
software-based solutions for 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). Visit us at our website www.verint.com. 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.
Verint Systems (NASDAQ:VRNT)
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