Leading Scandinavian Bank Places Follow-on Order for Mass Implementation of NICE's Next Generation VoIP Solutions; Received in Partnership with IBM, to Expand Implementation for Nortel's Duplicate Media Stream over IP Environment.

RA'ANANA, Israel -- NICE Systems (Nasdaq:NICE), the global provider of advanced solutions that enable organizations to extract Insight from Interactions(TM) to drive performance, today announced that one of Scandinavia's largest banks, has decided to expand its implementation of NICE's VoIP solution for centralizing its recordings from branches all over Europe by placing a follow-on order for additional channels for a total of 1500. Total ordered from bank is at 7-digits, received together with NICE's strategic partner, IBM, and channel partner TM Group, constitutes an enhancement to Nortel's newly released, next generation VoIP environment based on the Duplicate Media Stream over IP (DMS-IP) technology.

NICE's next generation active VoIP recording for DMS-IP is fully integrated with Nortel's architecture. This latest development is part of NICE's VoIP strategy to provide the power of Insight from Interactions anywhere, anytime, in any configuration, with the highest levels of scalability and efficiency.

The bank will benefit from NICE's unified approach to VoIP recording, unique redundancy for unmatched resilience, and the most advanced applications for enhanced liability and risk management. The bank will be able to expand these advanced capabilities to all branches and remote locations with high reliability and low total cost of ownership. NICE will enable the bank with enterprise connectivity and mobility to improve overall business performance. The result is increased productivity, seamless business continuity, mission-critical reliability and IT investment protection.

NICE's market leading VoIP recording solutions are an integral part of the company's unified product architecture and suite of solutions. This enables a smooth migration to VoIP that is transparent to the user, providing true investment protection. NICE offers hybrid solutions that cover the entire spectrum of customer interactions management, combining traditional and VoIP, liability and quality monitoring for contact centers, as well as trading floors and back offices of financial institutions. NICE offers software-only VoIP solutions that are certified by the world's leading VoIP switch vendors, addressing small-scale to large, multi-site high-end environments. NICE's market leadership is based on extensive experience in delivering field-proven, mission critical solutions that meet the stringent reliability requirements of multi-site, high-end customers, including the world's top-10 banks, thousands of financial institutions and contact centers, and most of the trading floors in the world.

"We are extremely pleased by this follow-on order by one of Scandinavia's largest financial institutions," said Zvi Baum, NICE President of Enterprise Interactions Solutions. "Our VoIP recording solution developed for the advanced Nortel environment is setting new standards for reliability, ease of administration and low cost of highly distributed call center environments. More and more customers are turning to NICE for their VoIP recording needs, as NICE is the premier choice for large-scale, mission-critical deployments."

About NICE

NICE Systems (Nasdaq:NICE) is the leading provider of Insight from Interactions(TM), offering comprehensive performance management and interaction analytics solutions for the enterprise and public safety and security markets. Advanced interaction analytics are performed on unstructured multimedia content - from telephony, web, radio and video communications. NICE brings the power of Insight from Interactions to IP contact centers, branches, and command and control centers. NICE's solutions are changing the way organizations make decisions, enabling them to proactively improve business and operational performance and address security threats. NICE has over 23,000 customers in 100 countries, including over 75 of the Fortune 100 companies. More information is available at www.nice.com.

Trademark Note: 360 Degree View, Agent@home, Big Picture Technology, Executive Connect, Executive Insight(a), Experience Your Customer, Investigator, Lasting Loyalty, Listen Learn Lead, MEGACORDER, Mirra, My Universe, NICE, NiceAdvantage, NICE Analyzer, NiceCall, NiceCLS, NiceCMS, NICE Feedback, NiceFix, NiceGuard, NICE Learning, NICE Link, NiceLog, NICE Perform, ScreenSense, NiceScreen, NiceSoft, NICE Storage Center, NiceTrack, NiceUniverse, NiceUniverse LIVE, NiceVision, NiceVision Harmony, NiceVision Mobile, NiceVision Pro, NiceVision Virtual, NiceWatch, Renaissance, Secure Your Vision, Tienna, Wordnet and other product names and services mentioned herein are trademarks and registered trademarks of NICE Systems Ltd. All other registered and unregistered trademarks are the property of their respective owners.

(a)Only in Australia

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations of the management of NICE Systems Ltd. (the Company) only, and are subject to a number of risk factors and uncertainties, including but not limited to changes in technology and market requirements, decline in demand for the Company's products, inability to timely develop and introduce new technologies, products and applications, difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel, loss of market share, pressure on pricing resulting from competition, and inability to maintain certain marketing and distribution arrangements, which could cause the actual results or performance of the Company to differ materially from those described therein. We undertake no obligation to update these forward-looking statements. For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the Securities and Exchange Commission.