WITS Witness Systems (MM)

Witness Systems (NASDAQ: WITS), a leading global provider of workforce optimization software and services, today announced that Chief Learning Officer (CLO) Bill Byron Concevitch will present at the Corporate University Summit, May 22-25, 2006 in Scottsdale, Arizona. The Summit provides an opportunity for companies to learn best practices and execution strategies that will benchmark the changing role of learning and training in today's corporate environment. In addition to serving as Witness Systems' CLO, Concevitch is the author of several books and has been named to the "Top 20 Thought Leaders in Learning" list published by the Lifelong Learning Report. During this year's Corporate University Summit, he will serve as a featured speaker in a session about leadership development, and participate in a six-person CLO roundtable that will address how organizations can optimize learning and training strategies by aligning them to corporate strategy. Witness Systems' CLO to participate in the "Interactive CLO Roundtables" When: May 22, 2006; 2:30 - 5:30 p.m. PT Session: This roundtable will be an interactive, hands-on discussion about how organizations can optimize learning and training strategies. Concevitch will join the learning executives from Wal-Mart Stores, Inc., Comcast University, Caterpillar University, FDIC and Ernst & Young - Americas to discuss the importance of aligning learning and development with corporate strategy. Witness Systems' CLO to Address "Building Your Talent Pool through an Emerging Leader Program" When: May 24, 2006; 2:00 - 2:45 p.m. PT Session: In this presentation, Concevitch will demonstrate highly successful programs that are designed to grow the pool of talent within an organization. Combining operational focus with the perspective of outside, successful senior leaders and incorporating appropriate assessment tools and exercises, this program will concentrate on how to create a real-world leadership development program. For more information about these sessions or the event, please visit www.cusummit.com. About Witness Systems Witness Systems (NASDAQ: WITS) is a leading global provider of workforce optimization software and services. The company's Impact 360(TM) solution - which plays a strategic role in the customer interaction centers of Global 2000 and small- and medium-sized businesses (SMBs) worldwide - is also deployed in IP Telephony and back office environments, and throughout the extended enterprise, including branch offices. Witness Systems' software is comprised of quality monitoring, compliance, high-volume and IP Telephony recording solutions, as well as workforce management, actionable learning and performance management. The company's solutions enable organizations to optimize their people, processes and technology throughout the enterprise. Witness Systems' customers benefit from an integrated business consulting, implementation and training methodology that supports a rapid deployment, enabling them to drive revenue, reduce operational costs, and achieve greater customer retention and loyalty. For additional information about Witness Systems, visit www.witness.com. Cautionary Note Regarding Forward-looking Statements: Information in this release that involves Witness Systems' expectations, plans, intentions or strategies regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. They are identified by words such as "anticipates," "expects," "intends," "plans," "believes," "estimates," and similar expressions. These statements are based upon information available to Witness Systems as of the date of this release, and the company assumes no obligation to update any such forward-looking statement. Forward-looking statements believed true when made may ultimately prove to be incorrect. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and may cause actual results to differ materially from our current expectations. Some of the factors that could cause actual future results to differ materially from current expectations include fluctuations in customer demand and the timing of orders; the company's ability to manage its growth; the risk of new product introductions and customer acceptance of new products; the rapid technological change which characterizes the company's markets; the risks associated with international sales as the company expands its markets, including the risks associated with foreign currency fluctuations; the ability of the company to complete and integrate successfully any acquisitions or investments it may make; and the ability of the company to compete successfully in the future, as well as other risks identified under the caption "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the company's Form 10-K for the year ended December 31, 2005 as filed with the Securities and Exchange Commission. Witness, Impact 360, Improve Everything and the Witness logo are the trademarks (registered or otherwise) of Witness Systems, Inc. protected by laws of the U.S. and other countries. All other trademarks mentioned in this document are the property of their respective owners.