NICE Updates on Patent Infringement Litigation Brought Against Verint; Court Reaffirms Validity of NICE’s Patent
Ra’anana, Israel, May 2008 - NICE Systems Ltd. (NASDAQ: NICE) , announced today that in a patent infringement case brought against Verint Americas, Inc. (formerly Witness Systems, Inc.) in the Federal District Court for Northern Georgia in Atlanta, the court found that certain Witness products, which were named in this case, do not infringe NICE’s VoIP patent 6871229. NICE intends to appeal this decision.
The court rejected Verint’s claims challenging the validity of NICE’s patent and reaffirmed its validity. The US Patent Office has also, prior to the trial, denied Verint’s request for reexamination of the same patent.
“NICE has the broadest portfolio of granted patents in its industry. Our innovative and market leading products are protected by the most extensive portfolio of intellectual property,” says Dr. Shlomo Shamir, President of NICE Systems Ltd. “We intend to continue to seek enforcement of these patents.“
“In addition, we believe that Verint’s patents asserted against NICE are invalid and we intend to continue seeking invalidation of these patents,” concludes Dr. Shamir.
NICE is now expecting a trial date for its pending claim of infringement by Verint’s recording products of 5 of NICE’s recording patents. NICE intends to continue and pursue seeking permanent injunction against Verint’s recording products as well as damages that can reach up to 100 million US dollars.
Trademark Note: 360° View, Alpha, ACTIMIZE, Actimize logo, Customer Feedback, Dispatcher Assessment, Encorder, eNiceLink, Executive Connect, Executive Insight, FAST, FAST alpha Blue, FAST alpha Silver, FAST Video Security, Freedom, Freedom Connect, IEX, Interaction Capture Unit, Insight from Interactions, Investigator, Last Message Replay, Mirra, My Universe, NICE, NICE logo, NICE Analyzer, NiceCall, NiceCall Focus, NiceCLS, NICE Inform, NICE Learning, NiceLog, NICE Perform, NiceScreen, NICE SmartCenter, NICE Storage Center, NiceTrack, NiceUniverse, NiceUniverse Compact, NiceVision, NiceVision Alto, NiceVision Analytics, NiceVision ControlCenter, NiceVision Digital, NiceVision Harmony, NiceVision Mobile, NiceVision Net, NiceVision NVSAT, NiceVision Pro, Performix, Playback Organizer, Renaissance, Scenario Replay, ScreenSense, Tienna, TotalNet, TotalView, Universe, Wordnet are trademarks and/or registered trademarks of NICE Systems Ltd. All other trademarks are the property of their respective owners.
This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations of the management of NICE Systems Ltd. (the Company) only, and are subject to a number of risk factors and uncertainties, including but not limited to changes in technology and market requirements, decline in demand for the Company’s products, inability to timely develop and introduce new technologies, products and applications, difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel, loss of market share, pressure on pricing resulting from competition, and inability to maintain certain marketing and distribution arrangements, which could cause the actual results or performance of the Company to differ materially from those described therein. We undertake no obligation to update these forward-looking statements. For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company’s reports filed from time to time with the Securities and Exchange Commission.
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