Current CEO Haim Shani Will Step Down to Start a Formal Nomination Process to the Position of General Manager of the Ministry of Finance of the State of Israel RA'ANANA, Israel, July 28
RA'ANANA, Israel, July 28 /PRNewswire-FirstCall/ -- NICE Systems Ltd.
(NASDAQ: NICE) announced that its Board of Directors today appointed Mr. Zeev
Bregman as Chief Executive Officer, replacing Haim Shani who has decided to
move into public service. Mr. Bregman will join NICE on September 1st, 2009
and will assume office by November 1st. Mr. Shani will continue to lead the
Company during the transition period.
Zeev Bregman served as CEO of Comverse Inc., a global software provider
of value added services and billing solutions between 2001 and 2007. Mr.
Bregman joined Comverse in 1987 as a software programmer and prior to his
becoming CEO of Comverse Inc., served in various R&D, sales, marketing, and
management positions within the company, including Vice President Head of the
EMEA division, Vice President and Head of the Messaging division, and Chief
Operating Officer.
As CEO of Comverse Inc., Mr. Bregman orchestrated the company's
transition from a single product voice mail company to a global,
multi-product value added services and billing solutions provider, and
achieved annual revenues of over $1 billion through organic and non-organic
growth.
Ron Gutler, Chairman of the Board of NICE Systems said: "We are fortunate
to appoint Zeev Bregman to lead NICE and believe that his talent, skill set
and vast experience make him the most suitable candidate to lead NICE at this
time and take us to the next phase of growth."
Mr. Gutler continued: "On behalf of the Board of Directors, I would like
to thank Haim Shani for his tremendous contribution to the growth and success
of NICE during the past nine years. Mr. Shani is the leader and visionary
behind the outstanding growth of NICE and our position as the worldwide
leader in our market space. We wish him success in his new endeavors in
public service."
Zeev Bregman said: "I am very excited to have the opportunity to join
NICE and lead its winning team and highly skilled management. NICE is a
successful, innovative and strong company, with great people, cutting-edge
technologies, loyal customers and partners, with a bright future ahead of it."
Haim Shani, the departing Chief Executive Officer of NICE, commented:
"After 27 years in the high-tech industry I am honored to accept the offer to
move into the Public Sector and contribute my experience to the economy of
the State of Israel. I am leaving NICE in the best possible hands. I am
confident that Zeev, whom I have known for years, will continue to lead NICE
to new heights. I look forward to a smooth transition and wish Zeev and the
great NICE family continued success."
About NICE Systems
NICE Systems (NASDAQ: NICE) is the leading provider of Insight from
Interactions solutions and value-added services, powered by the convergence
of advanced analytics of unstructured multimedia content and transactional
data - from telephony, web, email, radio, video, and other data sources.
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 135
countries, including over 85 of the Fortune 100 companies. More information
is available at http://www.nice.com.
Trademark Note: 360o View, Alpha, Customer Feedback, Dispatcher
Assessment, Emvolve Performance Manager, Encorder, eNiceLink, Executive
Connect, Executive Insight*, FAST, FAST alpha blue, FAST alpha silver,
Freedom, Freedom Connect, IEX, Interaction Capture Unit, Insight from
Interactions, Investigator, Last Message Replay, Mirra, My Universe, NICE,
NICE Analyzer, NiceCall, NiceCall Focus, NiceCLS, NICE Inform, NICE Learning,
NiceLog, NICE Perform, NiceScreen, NICE Storage Center, NiceTrack,
NiceUniverse, NiceUniverse Compact, NiceVision, NiceVision ALTO, NiceVision
Harmony, NiceVision Mobile, NiceVision NVSAT, NiceVision PRO, Performix
Technologies, Playback Organizer, Renaissance, Scenario Replay, ScreenSense,
Tienna, TotalNet, TotalView, Universe, Wordnet and other product names and
services mentioned herein are trademarks and registered trademarks of NICE
Systems Ltd. All other registered and unregistered trademarks are the
property of their respective owner.
This press release contains forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are based on the current expectations of the
management of NICE-Systems Ltd. (the Company) only, and are subject to a
number of risks and uncertainties that could cause the actual results or
performance of the Company to differ materially from those described herein,
including but not limited to the impact of the global economic environment on
the Company's customer base (particularly financial services firms) and the
resulting uncertainties; the departure of the Company's chief executive
officer and the integration of a new individual into such role; 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. 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, including the Company's Annual Report on
Form 20-F. The forward-looking statements contained in this press release are
made as of the date of this press release, and the Company undertakes no
obligation to update or revise them, except as required by law.
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.
