Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - VERINT SYSTEMS INC | c10605e8vk.htm |
Exhibit 99.1
Contacts:
Investor Relations
Alan Roden
Verint Systems Inc.
(631) 962-9304
alan.roden@verint.com
Alan Roden
Verint Systems Inc.
(631) 962-9304
alan.roden@verint.com
FOR IMMEDIATE RELEASE
VERINT SYSTEMS INC. ANNOUNCES
OFFERING OF COMMON STOCK BY SELLING STOCKHOLDER
OFFERING OF COMMON STOCK BY SELLING STOCKHOLDER
Melville,
NY, January 6, 2011 — Verint® Systems Inc. (NASDAQ: VRNT) (the “Company”), a global
leader in Actionable Intelligence® solutions and value-added services, announced today that
Comverse Technology, Inc. (“Comverse”), the Company’s majority stockholder, commenced an offering
of 2,000,000 shares of the Company’s common stock held by Comverse. In connection with the
proposed offering, Comverse will grant to the underwriters an over-allotment option to purchase up
to 300,000 additional shares. The Company will not receive any of the proceeds from the offering.
Credit Suisse Securities (USA) LLC (“Credit Suisse”) is sole bookrunner for the offering, with
Barclays Capital Inc. and Morgan Stanley & Co. Incorporated as joint lead managers and RBC Capital
Markets, LLC and Oppenheimer & Co. Inc. as co-managers.
The preliminary prospectus for the offering has been filed with the Securities and Exchange
Commission (“SEC”) and is available on the SEC’s website, www.sec.gov. Alternatively,
copies of the prospectus can be obtained from Credit Suisse at One Madison Avenue, New York, NY
10010, Attention: Prospectus Department, or by calling Credit Suisse at 1 (800) 221-1037.
A registration statement relating to these securities has been filed with the SEC but has not yet
become effective. These securities may not be sold nor may offers to buy be accepted prior to the
time the registration statement becomes effective. This press release shall not constitute an
offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities
in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such jurisdiction.
About Verint Systems Inc.
Verint® Systems Inc. is a global leader in Actionable Intelligence® solutions and value-added
services. Our solutions enable organizations of all sizes to make timely and effective decisions to
improve enterprise performance and make the world a safer place. More than 10,000 organizations in
over 150 countries — including over 80% of the Fortune 100 — use Verint Actionable Intelligence
solutions to capture, distill, and analyze complex and underused information sources, such as
voice, video, and unstructured text. Headquartered in Melville, New York, we support our customers
around the globe directly and with an extensive network of selling and support partners. Visit us
at our website www.verint.com.
Cautions About Forward-Looking Statements
This press release contains “forward-looking statements,” including statements regarding
expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of
similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees
of future performance and they are based on management’s expectations that involve a number of
risks and uncertainties which could cause actual results to differ materially from those expressed
in or implied by the forward-looking statements. Important risks, uncertainties, and other factors
could cause actual results to differ materially from our forward-looking statements. The
forward-looking statements contained in this press release are made as of the date of this press
release and, except as required by law, Verint assumes no obligation to update or revise them or to
provide reasons why actual results may differ.
VERINT, the VERINT logo, ACTIONABLE INTELLIGENCE, POWERING ACTIONABLE INTELLIGENCE, INTELLIGENCE IN
ACTION, ACTIONABLE INTELLIGENCE FOR A SMARTER WORKFORCE, VERINT VERIFIED, WITNESS ACTIONABLE
SOLUTIONS, STAR-GATE, RELIANT, VANTAGE, X-TRACT, NEXTIVA, EDGEVR, ULTRA, AUDIOLOG, WITNESS, the
WITNESS logo, IMPACT 360, the IMPACT 360 logo, IMPROVE EVERYTHING, EQUALITY, CONTACTSTORE, EYRETEL,
BLUE PUMPKIN SOFTWARE, BLUE PUMPKIN, the BLUE PUMPKIN logo, EXAMETRIC and the EXAMETRIC logo,
CLICK2STAFF, STAFFSMART, AMAE SOFTWARE and the AMAE logo are trademarks and registered trademarks
of Verint Systems Inc. Other trademarks mentioned are the property of their respective owners.