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 Malaysia Airlines Systems (MAS) has selected its Nextiva� Critical Infrastructure (CI) networked video solution to enhance the security of personnel, facilities and assets at Kuala Lumpur International Airport (KLIA) in Malaysia. Kuala Lumpur International Airport is a state-of-the-art transportation facility and gateway to the growing Malaysia and South East Asia economic region. The KLIA facility spans more than 200 square miles and serves more than 20 million travelers per year. Responsible for airport operations, MAS is deploying Nextiva CI as part of a facility-wide initiative to increase security at certain terminals, parking facilities, concourses, baggage handling areas, remote aircraft hangers and vast airport perimeters. The solution is being delivered by Verint partners, CCTV Technologies, SAPURA and PrismaBytes, based in Kuala Lumpur. �MAS� mission is to deliver safe and cost-effective air travel services for our customers,� said Peter Raid, Director of Operations, Malaysia Airlines Systems. �The Verint Nextiva solution will help enhance the security of our passengers, personnel and assets, and help us to provide the public with a safer travel experience.� Nextiva Critical Infrastructure 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. �Airports are continually challenged to provide the highest levels of security possible, while ensuring that their operations continue to run smoothly,� said Dan Bodner, President and CEO of Verint Systems. �Our Nextiva CI solution is specifically designed to help major airports like KLIA effectively manage and analyze video across their entire airport operation.� 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. Verint is a subsidiary of Comverse Technology, Inc. (NASDAQ: CMVT). 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: 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; 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; integrating the business and personnel of MultiVision, including implementation of adequate internal controls; 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 integrating the business and employees of Opus 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 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 owners. Verint Systems Inc. (NASDAQ:VRNT), a leading provider of analytic software-based solutions for security and business intelligence, today announced that Malaysia Airlines Systems (MAS) has selected its Nextiva(TM) Critical Infrastructure (CI) networked video solution to enhance the security of personnel, facilities and assets at Kuala Lumpur International Airport (KLIA) in Malaysia. Kuala Lumpur International Airport is a state-of-the-art transportation facility and gateway to the growing Malaysia and South East Asia economic region. The KLIA facility spans more than 200 square miles and serves more than 20 million travelers per year. Responsible for airport operations, MAS is deploying Nextiva CI as part of a facility-wide initiative to increase security at certain terminals, parking facilities, concourses, baggage handling areas, remote aircraft hangers and vast airport perimeters. The solution is being delivered by Verint partners, CCTV Technologies, SAPURA and PrismaBytes, based in Kuala Lumpur. "MAS' mission is to deliver safe and cost-effective air travel services for our customers," said Peter Raid, Director of Operations, Malaysia Airlines Systems. "The Verint Nextiva solution will help enhance the security of our passengers, personnel and assets, and help us to provide the public with a safer travel experience." Nextiva Critical Infrastructure 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. "Airports are continually challenged to provide the highest levels of security possible, while ensuring that their operations continue to run smoothly," said Dan Bodner, President and CEO of Verint Systems. "Our Nextiva CI solution is specifically designed to help major airports like KLIA effectively manage and analyze video across their entire airport operation." 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. 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: 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; 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; integrating the business and personnel of MultiVision, including implementation of adequate internal controls; 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 integrating the business and employees of Opus 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 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 owners.