Melville, NY, January 11, 2011 – Verint® Systems Inc. (NASDAQ:VRNT) (the “Company”), a global leader in Actionable Intelligence® solutions and value-added services, announced today the pricing of its offering of 2,000,000 shares of the Company’s common stock by Comverse Technology, Inc. (“Comverse”), the Company’s majority stockholder, at a price of $35.00 per share. The underwriters have the option to purchase up to an additional 300,000 shares of common stock from Comverse at the applicable price, less underwriting discounts and commissions, within 30 days, solely to cover over-allotments, if any. Closing of the offering is expected to occur on or about January 14, 2011, subject to customary closing conditions. The Company will not receive any of the proceeds from the offering.