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Metropolitan Washington Airports Authority Upgrades Verint's Networked Video Security Solution At Dulles International Airport.

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WOODBURY, N.Y.--(BUSINESS WIRE)--March 25, 2003

Loronix Networked Video Solution Enhances Airport Security

Verint Systems Inc. (NASDAQ: VRNT), a leading provider of analytical software-based solutions for communications interception, digital video security and surveillance, and enterprise business intelligence, today announced that the Metropolitan Washington Airports Authority (MWAA) has deployed Verint's Loronix Networked Video Solution to enhance security at Washington Dulles International Airport.

The MWAA is responsible for managing the two major Washington D.C. area airports.

As Washington D.C.'s largest airport, Dulles handles approximately 17 million passengers per year and employs approximately 15,000 people. Verint's Loronix Networked Video Solution enables the MWAA to monitor airport video locally from the airport, as well as remotely from various offices located throughout the Washington D.C. area. The upgraded Loronix solution provides the MWAA with greater picture quality and the ability to efficiently manage retained video for later review and analysis. In addition, the solution is designed to integrate with other airport security systems and supports Verint's advanced content analytics.

"We are delighted to be working with the MWAA to enhance security at the Washington Dulles International Airport," said Dan Bodner, President and CEO of Verint Systems Inc. "We have significant experience working with airports and are committed to developing new solutions and analytics to help improve airport security."

About Verint Systems Inc.

Verint Systems Inc., headquartered in Woodbury, New York, is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise 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. Verint is a subsidiary of Comverse Technology Inc. (NASDAQ: CMVT). Visit us at our website www.verintsystems.com.

Note: Certain statements concerning Verint's future results or prospects are "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 factors that could cause actual results to differ materially include: changes in the demand for Verint's products; changes in capital spending among Verint'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 Verint or its competition; Verint's lengthy and variable sales cycle makes it difficult to predict operating results; risks that Verint's intellectual property rights may not be adequate to protect its business; risks associated with rapidly changing technology and the ability of Verint to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which Verint operates; risks associated with holding a large portion of assets in cash and equivalents and the reduction of prevailing interest rates; 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 and industry conditions and the international marketplace; risks associated with Verint'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 Verint with the Securities and Exchange Commission, including Verint's most recent Quarterly Report on Form 10-Q. 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.verintsystems.com. Verint 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..

Verint, the Verint word mark, STAR-GATE, RELIANT, LORONIX and ULTRA are trademarks of Verint Systems Inc. Other names may be trademarks of their respective owners.
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Publication:Business Wire
Date:Mar 25, 2003
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