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NICE Wins $55 Million Mega Contract From a Government Agency for its Security Solution

August 19, 2009

RA’ANANA, Israel, August 19 /PRNewswire-FirstCall/ — NICE Systems
(NASDAQ: NICE), the leading global provider of advanced solutions that enable
organizations to extract insight from interactions to drive performance,
today announced that it won a mega security contract from a government
agency. The government agency will be implementing NICE’s NiceTrack
technology, for advanced telecom interception. NICE has received an advanced
payment for the first phase of the contract, which is expected to generate
$55 million in revenues starting in 2010 over a period of two to three years.

The NiceTrack solution, which is part of the NICE Security Group
offering, enables interception of all types of communications and generates
comprehensive intelligence. NiceTrack offers a unified set of solutions for
the collection and analysis of both telephony and Internet data for law
enforcement, intelligence and internal security organizations. The solution
provides a complete suite of operational tools and applications, which ensure
that meaningful, mission-critical information is delivered on time to
security decision makers and operational staff, enabling them to detect
threats and achieve a fast and appropriate response.

“We are very excited about winning this large contract, which once again
demonstrates the successful execution of our strategy,” said Israel Livnat,
President of NICE’s Security Group. “This latest selection of our NiceTrack
solution signifies how technologically advanced our solutions are. We are
seeing law enforcement agencies, around the world, turning to NICE for our
innovative and advanced solutions to help combat crime and terror threats.”

“This mega contract is an important milestone in the evolution of our
Security business, one that can lead NICE to another phase of growth,” said

Haim Shani, Chief Executive Officer, NICE Systems Ltd. “It also demonstrates
that our strategy of leveraging the company’s core competence in capturing,
managing, and analyzing massive amounts of unstructured data to accelerate
the success of both security and enterprise businesses, is generating
significant results.”

About NICE Systems

NICE Systems (NASDAQ: NICE) is the leading provider of Insight from
Interactions solutions and value-added services, powered by advanced
analytics of unstructured multimedia content – from telephony, web, radio and
video communications. NICE’s solutions address the needs of the enterprise
and security markets, enabling organizations to operate in an insightful and
proactive manner, and take immediate action to improve business and
operational performance and ensure safety and security. NICE has over 24,000
customers in more than 150 countries, including over 85 of the Fortune 100
companies. More information is available at http://www.nice.com.

Trademark Note: 360 degrees 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.

    Corporate Media
    Galit Belkind
    NICE Systems
    galit.belkind@nice.com
    +1-877-245-7448

    Investors
    Daphna Golden
    NICE Systems
    ir@nice.com
    +1-877-245-7449

SOURCE Nice Systems Ltd.


Source: newswire



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