NICE is Awarded Five Million Dollar Contract for its CDFS 5000 Intelligence Surveillance and Reconnaissance System.Business Editors & Technology Writers RA'ANANA, Israel--(BUSINESS WIRE)--Oct 15, 2002 NICE Systems (Nasdaq:NICE), a worldwide leader of multimedia recording solutions, applications and related professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. for business interaction management, announced today that it has won a five million dollar contract for CDFS (CD-ROM File System) The file system that handles CD-ROMs in 32-bit versions of Windows, starting with Windows 95. CDFS uses the Windows Vcache disk cache to buffer data from the CD-ROM in memory to speed up retrieval. CDFS replaced the earlier 16-bit MSCDEX. 5000, its intelligence surveillance and reconnaissance system. This system analyzes military communications Military communications, or Signals, is a field of military activities, tactics and equipment dealing with communications. First of all, military communications are battlefield (combat) communications, including intercommunication with a higher command or country's to identify an opponent's locations and to predict enemy intent. The Rafael Development Corporation, based out of Haifa, Israel, is the systems integrator for the project. "I am proud that NICE was chosen for such a demanding and ambitious project," commented Haim Shani, NICE's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "This is a significant accomplishment for our security division. This is the first time that NICE is delivering the latest innovations in detecting, processing, and analyzing communications data as part of our next generation of communications intelligence Noun 1. communications intelligence - technical and intelligence information derived from foreign communications by other than the intended recipients COMINT technology." NICE is providing a comprehensive communications tracking and analysis system designed by intelligence experts. This system implements digital software radio technology to digitize signals for faster processing and analysis of complex communications. This system also performs wide band scanning to process thousands of channels simultaneously, and provides a comprehensive suite of applications including recording, direction finding, mapping, and data analysis. "Winning this contract confirms NICE's essential role of delivering product innovations that can handle the most dense and complex communications environment in the intelligence market," commented Rami rami [L.] plural of ramus. rami communicantes bundles of nerve fibers connecting a sympathetic ganglion to spinal nerve; categorized as gray rami (unmyelinated postganglionic fibers) or white rami (myelinated preganglionic Efrati, vice president of marketing for NICE's Security Group. "This milestone contract also demonstrates NICE's expertise at providing high performance and reliable solutions for mission critical applications." About NICE NICE Systems (Nasdaq:NICE) headquartered in Ra'anana, Israel, is a worldwide leader of multimedia digital recording solutions, applications and related professional services for business interaction management. NICE products and solutions are used in contact centers, trading floors, air traffic control (ATC ATC Air Traffic Control ATC Average Total Cost ATC Certified Athletic Trainer ATC At the Center (Hartford, Maine retreat center) ATC Applied Technology Council ATC All Things Considered ) sites, CCTV CCTV abbr. closed-circuit television CCTV closed-circuit television (closed circuit television) security installations and government markets. NICE's synergistic technology platform enables customers to capture, evaluate and analyze business interactions in order to improve business processes and gain competitive advantage. NICE's subsidiaries and local offices are based in the United States, Canada, Germany, United Kingdom, France and Hong Kong. The company operates in more than 100 countries through a network of partners and distributors. (NICE Web Site: www.nice.com) NICE's worldwide clients include: ABN Amro, Bank of England Bank of England, central bank and note-issuing institution of Great Britain. Popularly known as the Old Lady of Threadneedle Street, its main office stands on the street of that name in London. , Boston Communications, Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees. Quarterly sales $2499M, profits $210M (Aug 1994). http://compaq.com/. , Deutsche Bank, Dresdner Bank, Emeraude Group, US Federal Aviation Administration Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates civilian and military air traffic through its air traffic control , Hong Kong Airport, Japan Ministry of Transport, MicroAge Teleservices, NAV Canada, Nokia, SNT SNT Safer Neighbourhood Team (UK) SNT Scalable Network Technologies, Inc. SNT Syntrophin SNT Serial Number Tracking SNT Surgical Navigation Technologies (Medtronic) SNT Serum Neutralization Test Group, Software Spectrum and Sydney Airport. (NICE Web Site: www.nice.com) Trademark note: 360(degree) View, Agent@home, Executive Connect, Executive Insight*, Experience Your Customer, Lasting Loyalty, Listen Learn Lead, MEGACORDER, MyUniverse, NICE (and design), NiceAdvantage, NICE Analyzer, NiceCall, NiceCLS, NiceCMS, NICE Feedback, NiceFix, NiceGuard, NICE Learning, NICE Link, NiceLog, ScreenSense, NiceScreen, NiceSoft, NICE Storage Center, NiceTrack, NiceUniverse, NiceUniverse LIVE, NiceVision, NiceVision Mobile, NiceVision Pro, NiceVision Virtual, NiceWatch, Secure Your Vision 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. This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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, loss of market share, pressure on pricing resulting from competition, 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. *Only in Australia |
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