MELVILLE, N.Y., Oct. 15, 2007--Verint Systems Inc. today announced that it has been named to Software Magazine's Annual Software 500. Now in its 25th year, the program ranks the world's largest software and service providers. Verint, included in the Software 500 for the first time, was ranked 98th.
"As the leading provider of actionable intelligence solutions for an optimized enterprise and a safer world, we are proud to be ranked among the top software companies in the world. We believe that this ranking supports Verint's market leadership approach and the value we deliver to our global customers," said Dan Bodner, President and CEO of Verint. "As is evidenced by this prestigious ranking, our recent merger with Witness Systems has given Verint exciting new scale, and our stronger global presence, expanded market reach, enhanced R&D investment and world-class customer service infrastructure positions us to better serve our enterprise and security customers."
The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing.
The ranking is based on total worldwide software and services revenue for 2006. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at www.Softwaremag.com, as well as from public documents.