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Technology Stocks
Verint Systems Inc.

An SI Board Since May 2002

Posts	SubjectMarks	Bans	Symbol
32	2	0	VRNT

Emcee: Elmer Flugum	Type: Moderated

Introduction Market Data Compact

IPO of Wiretapping Firm Verint Set

WASHINGTON (Reuters) - Verint Systems Inc., whose wiretapping software enables law enforcement agencies to
scan the Internet, telephone calls and other forms of communication, said on Monday it plans an initial public offering of
4.5 million common shares.

The unit of U.S.-Israeli communication system developer Comverse Technology Inc.
(NasdaqNM:CMVT - news) said in a filing with the Securities and Exchange
Commission that it expects the shares to sell for $16 to $18 each.

It was not immediately known when Verint will debut, but it has applied for a Nasdaq
listing under the symbol ``VRNT'' (Nasdaq:VRNT - news).

Comverse, which will own 79.5 percent when the IPO is completed, was down 69
cents, or more than 5 percent, at $12.55 in morning Nasdaq trade.

Woodbury, New York-based Verint is selling 4.4 million shares in the IPO while
AKR Enterprises LLC of Glen Burnie, Maryland, is selling 136,985 shares.

Verint predicted it will net about $67.5 million in proceeds, which it plans to use to
finance growth, for working capital and general corporate purposes.

The money may also be used to repay bank debt and for acquisitions or other
investments.

The company will have about 23.4 million shares outstanding, giving it a potential
market value of $374 million to $421 million.

Managing the IPO are Lehman Brothers, Salomon Smith Barney, Robertson Stephens, UBS Warburg and U.S. Bancorp Piper Jaffray, which have an
option to buy 675,000 extra shares to cover any overallotments.

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
32	Verint Extends Voice of the Customer Suite to Digital Engagement finance.yahoo.c	JakeStraw	-	11/16/2016
31	Leading Hotel and Casino Developer Implementing Verint Customer Engagement Optim	JakeStraw	-	11/2/2016
30	Verint Systems (VRNT +2.55%) slid over 1% in after-hours trading after it report	more100	-	6/9/2016
29	Verint Further Optimizes Mobile Customer Engagement With Enterprise Feedback Man	JakeStraw	-	5/4/2016
28	Verint Customer Engagement Optimization Solutions to Help Global Container Shipp	JakeStraw	-	4/28/2016
27	Top Global Public Pension Fund Implementing Verint Customer Engagement Optimizat	JakeStraw	-	12/22/2015
26	Verint Systems ($VRNT -0.96%) tumbled 5% in after-hours trading after it reporte	more100	-	12/4/2015
25	Edited Transcript of VRNT earnings conference call finance.yahoo.com	JakeStraw	-	12/3/2015
24	Verint Receives 2015 “New Product of the Year” Award for Identity Authentication	JakeStraw	-	10/29/2015
23	Verint Enhances Mobile and Personalization Capabilities in Enterprise Feedback M	JakeStraw	-	10/21/2015
22	PCCW Teleservices Collaborates with Verint to Enhance Customer Engagement financ	JakeStraw	-	8/27/2015
21	Verint Scores Multiple Category Honors in 2015 CRM Magazine Service Awards Progr	JakeStraw	-	3/18/2015
20	U.S.-Based Financial Services Organization Improves Customer Engagement Using Ve	JakeStraw	-	2/11/2015
19	City of San Antonio Leverages Customer Mobile and Open311 Cloud Framework from K	JakeStraw	-	11/17/2014
18	Carenet Healthcare Services Implementing KANA Enterprise to Help Revolutionize I	JakeStraw	-	11/3/2014
17	Verint and Truphone Partner to Help Financial Institutions Manage Regulatory Com	JakeStraw	-	10/30/2014
16	Leading North American Insurance Provider Extends Investment in Verint Customer	JakeStraw	-	10/15/2014
15	Verint Expands Fraud, Risk and Compliance Solutions with Advanced Case Managemen	JakeStraw	-	9/29/2014
14	Verint Systems Inc.is now covered by analysts at Goldman Sachs. They set a "	JakeStraw	-	9/26/2014
13	Verint Helps Organizations Discover and Take Action on What Matters Most with Ne	JakeStraw	-	9/22/2014
12	Verint Receives “Product of the Year” by Grupo Padrão in Brazil finance.yah	JakeStraw	-	9/16/2014
11	Large Telecommunications Company Benefits from Verint Customer Engagement Optimi	JakeStraw	-	9/8/2014
10	Verint Workforce Optimization Solution Now Available on Multiple Mobile Platform	JakeStraw	-	8/6/2014
9	Texas Dow Employees Credit Union Extends Investment in Verint Technology to Furt	JakeStraw	-	7/16/2014
8	Verint Enterprise Feedback Management Enriches Multichannel Customer Engagement	JakeStraw	-	6/12/2014

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