San Antonio Transit Authority Selects Verint Nextiva Transit Solution

Business Wire, April 30, 2007

Multi-Million Dollar Networked Video Solution Will Enhance Passenger Safety and Deter Vandalism and Crime for the City's VIA Metropolitan Transit System

MELVILLE, N.Y. -- Verint Systems Inc., a leading provider of analytic software-based solutions for security and business intelligence, today announced that the City of San Antonio, Texas has selected its Nextiva[TM] Transit solution and Verint has received a multi-million dollar order to enhance security and improve operations of its entire bus fleet, including fixed route and paratransit vehicles.

VIA Metropolitan Transit serves San Antonio and the majority of Texas' Bexar County, spanning approximately 1226 square miles covered by 89 bus lines. In support of VIA's ongoing security enhancement initiatives, the Verint solution will help to ensure a secure environment for VIA staff and more than 41 million riders each year. Additionally, Nextiva Transit will enable VIA to deter vandalism and theft, accelerate emergency response, and provide video evidence of significant events.

"As an innovative transit authority, we are always looking for the most advanced and sophisticated technology to ensure safe public transportation services for our riders and staff," said Heriberto "Eddie" Herrera, Chair of VIA's Board of Trustees. "Nextiva Transit will help VIA employees and management improve overall operational awareness of the bus fleet and facilitate immediate and informed action in the event of an emergency."

The Nextiva Transit solution will enable VIA to automatically transfer critical video and event data via their broadband wireless network to the Transit Authority's central monitoring station upon return to the bus yard. In addition, the Verint solution will be integrated with numerous on-board information systems to combine video with important operational data including vehicle speed and door and lift activation. In the event of a security incident, Nextiva Transit will allow supervisor and police vehicles to view live video from within the bus, enabling more effective actionable intelligence and emergency response.

"Today, cities like San Antonio face growing challenges in securing their mass transit infrastructure," said Dan Bodner, President and CEO of Verint Systems Inc. "Nextiva Transit combines our extensive experience in the public transportation market with our market-leading networked video technology to help ensure a safe environment for passengers and VIA employees."

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. (VRNT.pk), 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: 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; the 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; the facts and circumstances underlying certain potential accounting errors, as well as certain other areas requiring additional review, announced by Comverse and Verint; Verint's ability to have its common stock relisted on The NASDAQ Global Market; the impact of governmental inquiries arising out of or related to option grants and the other accounting errors identified at Comverse; the inability to complete the Company's proposed merger with Witness Systems, Inc. due to Witness' failure to obtain stockholder approval or the failure to satisfy other conditions to the completion of the merger including the receipt of required regulatory approvals; the failure to obtain the necessary financing arrangements set forth in the commitment letters received in connection with the merger; risks that the proposed merger disrupts current plans and operations and the potential difficulties in employee retention as a result of the merger; the ability to recognize the benefits of the merger; the amount of the costs, fees, expenses and charges related to the merger and the actual terms of certain financings that will be obtained for the merger and the impact of the substantial indebtedness incurred to finance the consummation of the merger; 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, including our current report on Form 8-K filed March 22, 2007. 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.