VRNT Verint Systems Inc

Verint Systems Inc. (NASDAQ:VRNT), a leading provider of analytic software-based solutions for security and business intelligence, today announced that Los Angeles County�s Foothill Transit has selected its Nextiva� Transit networked video solution to enhance security and improve operations on its municipal bus fleet. Foothill Transit is the second largest public transit provider in Southern California, spanning 327 square miles of fixed-route local, express and rail-feeder lines. In support of Foothill Transit�s ongoing security enhancement initiatives, Verint�s Nextiva Transit will help ensure a secure environment for staff and more than 15 million riders each year. Additionally, Nextiva Transit will enable Foothill Transit to deter vandalism and theft, accelerate emergency response, and provide video evidence of significant events. �As an innovative public transportation provider for the county of Los Angeles, Foothill Transit maintains the highest safety standards for our passengers and employees,� said Wilfred Briesemeister, President of the Executive Board of Foothill Transit. �Verint�s Nextiva solution will help us improve situation awareness and take immediate and informed action in the event of an emergency situation.� In the event of an emergency, Nextiva Transit will enable Foothill Transit to network onboard video from the bus fleet and transfer this video via broadband wireless networks to their central monitoring station. Nextiva will also enable Foothill Transit to automatically upload video when a bus returns to the depot. The solution will be deployed by Verint partner, Orbital Transportation Management Systems, located in Columbia, Maryland. �We are pleased to help Foothill Transit enhance security of the public transportation system in Los Angeles County,� said Dan Bodner, President and CEO of Verint Systems Inc. �We have significant experience working with transportation providers and are committed to delivering innovative networked video solutions to enhance security for the transportation industry.� Nextiva Transit is part of the Nextiva portfolio of networked video solutions. Nextiva enables organizations of all sizes, from small and mid-sized enterprises to major government and commercial organizations, to enhance the security of their facilities and infrastructure and the performance of their business operations by networking video across multiple locations and applying advanced content analytics to extract actionable intelligence from live and stored video. By alerting security personnel to potential security threats, Nextiva helps organizations prevent security breaches, improve response time and enhance operational efficiency. About Verint Systems Inc. Verint� 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. Visit us at our website www.verint.com. Note: This release contains "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: potential impact on Verint's financial results as a result of Comverse's creation of a special committee of the Board of Directors of Comverse to review matters relating to grants of Comverse stock options, including but not limited to, the accuracy of the stated dates of Comverse option grants and whether Comverse followed all of its proper corporate procedures and the results of the Comverse special committee's review; the effect of Verint's failure to timely file all required reports under the Securities Exchange Act of 1934, and the resultant potential delisting of Verint's common stock on NASDAQ; the impact of governmental inquiries arising out of or related to option grants; 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; integrating the business and personnel of Mercom and CM Insight and Verint's other acquisitions, including implementation of adequate internal controls; risks associated with significant foreign operations, including fluctuations in foreign currency exchange rates; aggressive competition in all of Verint's markets, which creates pricing pressure; managing our expansion in the Asia Pacific region; 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 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 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 except as otherwise required by law. 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 owner. Verint Systems Inc. (NASDAQ:VRNT), a leading provider of analytic software-based solutions for security and business intelligence, today announced that Los Angeles County's Foothill Transit has selected its Nextiva(TM) Transit networked video solution to enhance security and improve operations on its municipal bus fleet. Foothill Transit is the second largest public transit provider in Southern California, spanning 327 square miles of fixed-route local, express and rail-feeder lines. In support of Foothill Transit's ongoing security enhancement initiatives, Verint's Nextiva Transit will help ensure a secure environment for staff and more than 15 million riders each year. Additionally, Nextiva Transit will enable Foothill Transit to deter vandalism and theft, accelerate emergency response, and provide video evidence of significant events. "As an innovative public transportation provider for the county of Los Angeles, Foothill Transit maintains the highest safety standards for our passengers and employees," said Wilfred Briesemeister, President of the Executive Board of Foothill Transit. "Verint's Nextiva solution will help us improve situation awareness and take immediate and informed action in the event of an emergency situation." In the event of an emergency, Nextiva Transit will enable Foothill Transit to network onboard video from the bus fleet and transfer this video via broadband wireless networks to their central monitoring station. Nextiva will also enable Foothill Transit to automatically upload video when a bus returns to the depot. The solution will be deployed by Verint partner, Orbital Transportation Management Systems, located in Columbia, Maryland. "We are pleased to help Foothill Transit enhance security of the public transportation system in Los Angeles County," said Dan Bodner, President and CEO of Verint Systems Inc. "We have significant experience working with transportation providers and are committed to delivering innovative networked video solutions to enhance security for the transportation industry." Nextiva Transit is part of the Nextiva portfolio of networked video solutions. Nextiva enables organizations of all sizes, from small and mid-sized enterprises to major government and commercial organizations, to enhance the security of their facilities and infrastructure and the performance of their business operations by networking video across multiple locations and applying advanced content analytics to extract actionable intelligence from live and stored video. By alerting security personnel to potential security threats, Nextiva helps organizations prevent security breaches, improve response time and enhance operational efficiency. 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. Visit us at our website www.verint.com. Note: This release contains "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: potential impact on Verint's financial results as a result of Comverse's creation of a special committee of the Board of Directors of Comverse to review matters relating to grants of Comverse stock options, including but not limited to, the accuracy of the stated dates of Comverse option grants and whether Comverse followed all of its proper corporate procedures and the results of the Comverse special committee's review; the effect of Verint's failure to timely file all required reports under the Securities Exchange Act of 1934, and the resultant potential delisting of Verint's common stock on NASDAQ; the impact of governmental inquiries arising out of or related to option grants; 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; integrating the business and personnel of Mercom and CM Insight and Verint's other acquisitions, including implementation of adequate internal controls; risks associated with significant foreign operations, including fluctuations in foreign currency exchange rates; aggressive competition in all of Verint's markets, which creates pricing pressure; managing our expansion in the Asia Pacific region; 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 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 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 except as otherwise required by law. 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 owner.