Melville, NY, January 14, 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, has successfully completed its previously announced offering of 2,300,000 shares of the Company’s common stock held by Comverse, including 300,000 shares sold pursuant to the exercise by the underwriters of their full over-allotment option. The Company did not receive any proceeds from the offering.