Nice Ltd. — Regulatory Filings 2008

Oct 23, 2008

NICE Systems Limited > T 972 9 775 3777 F 972 9 743 4282 > Insight from InteractionsTM 8 Hapnina Street POB 690 E info@nice.com Ra’anana 43107 Israel

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One of Japan’s Largest Financial Services Firms Expands its NICE Environment to Improve Compliance with Financial Regulations in Multi-million Dollar Project

Ra’anana, Israel, October 23, 2008 - NICE Systems (NASDAQ: NICE) , the global provider of advanced solutions that enable organizations to extract Insight from Interactions to drive performance, today announced that one of Japan’s largest financial firms is expanding its NICE implementation, in a multi million dollar project to further improve compliance with financial regulations.

The NICE solution will enable this leading financial services firm to address key challenges relating to regulatory compliance and corporate governance. With the NICE solution, the firm’s compliance officers will be able to enforce specific policy models, manage investigations, and gain considerable insight concerning risk factors involved in the firm’s activities.

“We are extremely pleased to continue to earn the trust of one of Japan’s largest financial services firms as reflected in this additional investment in NICE,” said Doron Eidelman, President, NICE Japan. “NICE solutions are used by leading financial organizations around the world to help ensure compliance, manage risk, and improve their operations. These issues become more and more critical for Japan, as the country gears up for JSOX, among other things.”

About NICE

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.

Corporate MediaGalit BelkindInvestorsDaphna Golden	NICE Systemsgalit.belkind@nice.com+1 877 245 7448NICE Systemsir@nice.com +1 877 245 7449

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.