Verint Systems Announces Appointment of Three Independent Directors.Business Editors WOODBURY, N.Y.--(BUSINESS WIRE)--May 22, 2002 Victor A. De Marines, Lieutenant General (Retired) Kenneth A. Minihan, and Howard Safir Join Verint's Board of Directors Verint Systems Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : VRNT), a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced the addition of three independent directors to its Board of Directors with the completion of its initial public offering on May 21, 2002, Mr. Victor A. DeMarines, Lt. Gen. (Retired) Kenneth A. Minihan, and Mr. Howard Safir. Mr. De Marines recently served as the President and Chief Executive Officer of MITRE Corporation (where he remains a Director), which provides security solutions for the computer systems of the Department of Defense, the 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 , the Internal Revenue Service and several organizations in the U.S. intelligence community. Mr. De Marines recently served as an advisor to the Department of Defense on matters concerning the transformation of the military. Lt. Gen. (Retired) Minihan served as the 14th Director of the National Security Agency/Central Security Services and was the senior uniformed intelligence officer in the Department of Defense. Lt. Gen. (Retired) Minihan also served as the Director of the Defense Intelligence Agency The Director of the U.S. Defense Intelligence Agency is a three-star military officer and is the highest ranking intelligence officer in the Department of Defense. He is the primary military intelligence advisor to the Secretary of Defense and the Joint Chiefs of Staff and also answers to . He is the President of the Security Affairs Support Association and he consults for national security and intelligence committees. Mr. Safir served as the 39th Police Commissioner of the City of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . He also served as Associate Director for Operations, U.S. Marshals Service The U.S. Marshals Service, a division of the Justice Department, is the oldest federal law enforcement agency, having served as a link between the executive and judicial branches of the government since 1789. The president appoints U.S. marshals for terms of four years. , as Assistant Director of the Drug Enforcement Administration The Drug Enforcement Administration (DEA) was established in 1973 by President richard m. nixon as part of the Justice Department, thus uniting a number of federal drug agencies that had often worked at cross-purposes. and as Chief of the Witness Security Division, U.S. Marshals Service. Mr. Safir is currently the Chairman and Chief Executive Officer of SafirRosetti, a division of OmnicomGroup, Inc. Dan Bodner, 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. of Verint, said "We are fortunate to add these highly respected and experienced gentlemen to our Board of Directors. The company will benefit greatly from their years of service, strong leadership and collective experience in the intelligence, law enforcement and security communities, and I look forward to working with them closely to implement our business strategy." About Verint Systems Inc. Verint Systems Inc., headquartered in Woodbury, New York Woodbury is the name of some places in the U.S. state of New York:
Note: This release may contain forward-looking statements that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for the company's products; changes in capital spending capital spending Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years. among the company's current and prospective customers; the risks associated with the sale of large, complex, high capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which the company operates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic mac·ro·ec·o·nom·ics n. (used with a sing. verb) The study of the overall aspects and workings of a national economy, such as income, output, and the interrelationship among diverse economic sectors. and industry conditions and the international marketplace; risks associated with the company's ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of the company with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and its subsequent Quarterly Reports on Form 10-Q. These documents are available through the company, or through the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. ) at www.sec.gov. The company makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made. |
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