Nice Ltd. — Earnings Release 2014

Jul 30, 2014

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SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2014 (Report No. 3)

Commission File Number: 0-27466

NICE-SYSTEMS LTD.

(Translation of Registrant's Name into English)

22 Zarhin Street, P.O. Box 4122, Ra'anana 43622, Israel

(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  Form 40-F 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____

THE GAAP FINANCIAL STATEMENTS ATTACHED TO THE PRESS RELEASE ATTACHED HERETO AS EXHIBIT 99.1 OF THIS REPORT ON FORM 6-K ARE HEREBY INCORPORATED BY REFERENCE INTO NICE-SYSTEMS LTD.`S (“NICE”) REGISTRATION STATEMENTS ON FORM S-8 ((REGISTRATION STATEMENT NOS. 333-06784, 333-08146, 333-11842, 333-09350, 333-11154, 333-111112, 333-111113, 333-134355, 333-144589, 333-145981, 333-153230, 333-162110, 333-162795, 333-166364, 333-168100, 333-171165, 333-179408, 333-181375 and 333-191176), AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS SUBMITTED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED.

CONTENTS

This Report on Form 6-K of NICE consists of the following documents, which are attached hereto and incorporated by reference herein:

99.1 Press Release: NICE Reports Second Quarter 2014 Non-GAAP revenue of $239 Million and Non-GAAP EPS of $0.57, Dated July 30, 2014

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

NICE-SYSTEMS LTD.

By: /s/ Yechiam Cohen Name: Yechiam Cohen Title: General Counsel

Dated July 30, 2014

EXHIBIT INDEX

99.1 Press Release: NICE Reports Second Quarter 2014 Non-GAAP revenue of $239 Million and Non-GAAP EPS of $0.57, Dated July 30, 2014

NICE Reports Second Quarter 2014 Non-GAAP revenue of $239 Million and Non-GAAP EPS of $0.57

Ra’anana, Israel, July 30, 2014 - NICE Systems (NASDAQ: NICE) today announced results for the second quarter ended June 30, 2014.

“I’m pleased to report revenues of $239 million for the second quarter of 2014. During the quarter, we continued to see strong demand for our analytic applications from both existing and new customers,” said Barak Eilam, CEO of NICE.

Mr. Eilam continued, “We continue to execute on our short and long term initiatives which include: focusing on driving innovation with clear value to our customers, further defining NICE’s long-term growth strategy, reviewing our operational model, and committing to flawless execution that will drive growth in an efficient, effective, and profitable manner. As we step into the second half of the year, we believe that our robust pipeline, solid execution, the demand we see for our new products, and our market opportunities position us well for a strong finish to the year.”

Dividend Declaration

The company declared a cash dividend for the second quarter of 2014 of $0.16 per share. The record date will be August 12[th] , 2014 and the payment date will be August 26[th] , 2014. Tax will be withheld at a rate of 15%.

Non-GAAP Financial Highlights for the Second Quarter Ended June 30:

Revenues: Second quarter 2014 non-GAAP total revenues were $239.3 million, up 6.3% from $225.2 million for the second quarter of 2013.

Gross Profit: Second quarter 2014 non-GAAP gross profit and non-GAAP gross margin were $156.0 million and 65.2%, respectively, compared to $150.6 million and 66.9%, respectively, for the second quarter of 2013.

Operating Income: Second quarter 2014 non-GAAP operating income and non-GAAP operating margin were $41.1 million and 17.2%, respectively, compared to $43.8 million and 19.4%, respectively, for the second quarter of 2013.

Net Income: Second quarter 2014 non-GAAP net income and non-GAAP net margin were $34.7 million and 14.5%, respectively, compared to $37.5 million and 16.7%, respectively, for the second quarter of 2013.

Fully Diluted Earnings per Share: Second quarter 2014 non-GAAP fully diluted earnings per share reached $0.57, compared to $0.61 for the second quarter of 2013.

GAAP Financial Highlights for the Second Quarter Ended June 30:

Revenues: Second quarter 2014 total revenues increased 6.3% to $239.0 million compared to $224.9 million for the second quarter of 2013.

Gross Profit: Second quarter 2014 gross profit and gross margin were to $144.9 million and 60.6%, respectively, compared to $138.9 million and 61.8%, respectively, for the second quarter of 2013.

Operating Income: Second quarter 2014 operating income and operating margin were $12.2 million and 5.1%, respectively, compared to $19.3 million and 8.6%, respectively, for the second quarter of 2013.

Net Income: Second quarter 2014 net income and net margin were $10.4 million and 4.3%, respectively, compared to $17.0 million and 7.5%, respectively, for the second quarter of 2013.

Fully Diluted Earnings per Share: Fully diluted earnings per share for the second quarter of 2014 were $0.17 compared to $0.27 for the second quarter of 2013.

Operating Cash Flow and Cash Balance: Second quarter 2014 operating cash flow was $25.9 million. In the second quarter, $22.7 million was used for share repurchases and $9.6 million for dividends. As of June 30, 2014, total cash and cash equivalents, and short and long term investments were $462 million, with no debt.

Third Quarter and Full Year 2014 Guidance:

Third Quarter 2014: Third quarter 2014 non-GAAP total revenues are expected to be in a range of $240 million to $248 million. Third quarter 2014 non-GAAP fully diluted earnings per share are expected to be in a range of $0.59 to $0.67

Full Year 2014: Full year 2014 non-GAAP total revenues are expected to be in a range of $995 million to $1,025 million. Full year 2014 non-GAAP fully diluted earnings per share are expected to be in a range of $2.68 to $2.80.

Quarterly Results Conference Call

NICE management will host its earnings conference call today, July 30[th] , 2014 at 8:30 AM EDT, 13:30 GMT, 15:30 Israel, to discuss the results and the company's outlook. To participate in the call, please dial in to the following numbers: United States 1-866-804-8688 or +1-718-354-1175, International +44(0)1296-480-100, United Kingdom 0- 800-783-0906, Israel 1-809-242-041. The Passcode is 249 317 29. Additional access numbers can be found at http://www.btconferencing.com/globalaccess/?bid=54_attended. The call will be webcast live on the Company’s website at http://www.nice.com/news-and-events/ir-events. An online replay will also be available approximately two hours following the call. A telephone replay of the call will be available for 2 days after the live broadcast, and may be accessed by dialing: United States 1-877-482-6144, International +44(0)20-7136-9233, United Kingdom 0-800-0329687. The Passcode for the replay is 45565530.

Non-GAAP financial measures consist of GAAP financial measures adjusted to exclude: amortization of acquired intangible assets, re-organization expenses, restructuring expenses, share-based compensation, certain business combination accounting entries, and tax adjustments re Non-GAAP adjustments. The purpose of such adjustments is to give an indication of our performance exclusive of non-cash charges and other items that are considered by management to be outside of our core operating results. Our non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. Our management regularly uses our supplemental non-GAAP financial measures internally to understand, manage and evaluate our business and make operating decisions. These non-GAAP measures are among the primary factors management uses in planning for and forecasting future periods. Business combination accounting rules requires us to recognize a legal performance obligation related to a revenue arrangement of an acquired entity. The amount assigned to that liability should be based on its fair value at the date of acquisition. The non-GAAP adjustment is intended to reflect the full amount of such revenue. We believe this adjustment is useful to investors as a measure of the ongoing performance of our business. We believe these non-GAAP financial measures provide consistent and comparable measures to help investors understand our current and future operating cash flow performance. These non-GAAP financial measures may differ materially from the non-GAAP financial measures used by other companies. Reconciliation between results on a GAAP and non-GAAP basis is provided in a table immediately following the Consolidated Statements of Income. The intangible assets created in the acquisitions of Merced are preliminary and subject to further review and completion of valuation analyses.

About NICE

NICE Systems (NASDAQ: NICE) is the worldwide leading provider of software solutions that enable organizations to take the next best action in order to improve customer experience and business results, ensure compliance, fight financial crime, and safeguard people and assets. NICE’s solutions empower organizations to capture, analyze, and apply, in real time, insights from both structured and unstructured Big Data. This data comes from multiple sources, including phone calls, mobile apps, emails, chat, social media, video, and transactions. NICE solutions are used by over 25,000 organizations in more than 150 countries, including over 80 of the Fortune 100 companies. www.nice.com.

Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE Systems. All other marks - are trademarks of their respective owners. For a full list of NICE Systems' marks, please see: http://www.nice.com/nice trademarks.

Investors

Marty Cohen, +1 212 574 3635, ir@nice.com, ET

Yisca Erez, +972 9 775-3798, ir@nice.com, CET

Media Contact

Erik Snider, +1 877 245 7448, erik.snider@nice.com

Forward-Looking Statements

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, including the statements by Messer Eilam, 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; 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.

NICE SYSTEMS LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME

U.S. dollars in thousands (except per share amounts)

Revenue:ProductServicesTotal revenueCost of revenue:ProductServicesTotal cost of revenueGross profitOperating Expenses:Research and development, netSelling and marketingGeneral and administrativeAmortization of acquired intangible assetsRestructuring expensesTotal operating expensesOperating incomeFinance and other income, netIncome before taxes on incomeTaxes on incomeNet incomeBasic earnings per shareDiluted earnings per shareWeighted average number of sharesoutstanding used to compute:Basic earnings per shareDiluted earnings per share	20142013UnauditedUnaudited85,970$ 83,965$ 153,038140,909239,008224,87430,10927,18263,95758,82894,06686,010144,942138,86437,03531,43864,20959,87123,04120,1015,4008,1213,060-132,745119,53112,19719,3334741,01312,67120,3462,2793,38010,392$ 16,966$ 0.17$ 0.28$ 0.17$ 0.27$ 59,67660,38261,21061,784Quarter endedJune 30,	Year to dateJune 30,
	2014Unaudited85,970$ 153,038239,00830,10963,95794,066144,94237,03564,20923,0415,4003,060132,74512,19747412,6712,27910,392$ 0.17$ 0.17$ 59,67661,210	20142013UnauditedUnaudited164,940$ 174,768$ 302,641274,434467,581449,20258,22656,504125,506115,348183,732171,852283,849277,35073,56363,061124,146118,50241,94341,60111,84016,2753,376-254,868239,43928,98137,9111,3022,20430,28340,1154,1755,34826,108$ 34,767$ 0.44$ 0.58$ 0.43$ 0.56$ 59,78660,37161,28461,792

NICE SYSTEMS LTD. AND SUBSIDIARIES RECONCILIATION OF GAAP TO NON-GAAP RESULTS

U.S. dollars in thousands (except per share amounts)

2014GAAP revenues239,008$ Valuation adjustment on acquired deferred product revenue-Valuation adjustment on acquired deferred service revenue258Non-GAAP revenues239,266$ GAAP cost of revenue94,066$ Amortization of acquired intangible assets on cost of produ(8,858)Amortization of acquired intangible assets on cost of servi-Valuation adjustment on acquired deferred cost of services-Cost of product revenue adjustment (1,2)(4)Cost of services revenue adjustment (1,2,3)(1,911)Non-GAAP cost of revenue83,293$ GAAP gross profit144,942$ Gross profit adjustments11,031Non-GAAP gross profit155,973$ GAAP operating expenses132,745$ Research and development (1,2,3)(1,254)Sales and marketing (1,2,3)(3,492)General and administrative (1,2,3)(4,488)Amortization of acquired intangible assets(5,400)Acquisition related expenses (4)(220)Restructuring expenses(3,060)Non-GAAP operating expenses114,831$ GAAP finance & other income, net474$ Amortization of an investment in affiliate181Non-GAAP finance & other income, net655$ GAAP taxes on income2,279$ Tax adjustments re non-GAAP adjustments4,823Non-GAAP taxes on income7,102$ GAAP net income10,392$ Valuation adjustment on acquired deferred revenue258Valuation adjustment on acquired deferred cost of services-Amortization of acquired intangible assets14,258Share-based compensation (1)7,218Re-organization expenses (2)3,931Acquisition related compensation expense (3)-Acquisition related expenses (4)220Restructuring expenses3,060Amortization of an investment in affiliate181Tax adjustments re non-GAAP adjustments(4,823)Non-GAAP net income34,695$ GAAP diluted earnings per share0.17$ Non-GAAP diluted earnings per share0.57$ Shares used in computing GAAP diluted earnings per sha61,210Shares used in computing Non-GAAP diluted earnings per61,210QuarterJune	QuarterJune	2013224,874$ 30271225,175$ 86,010$ (9,387)(977)-(107)(978)74,561$ 138,864$ 11,750150,614$ 119,531$ (722)(2,022)(1,829)(8,121)--106,837$ 1,013$ -1,013$ 3,380$ 3,8827,262$ 16,966$ 301-18,4855,40723318---(3,882)37,528$ 0.27$ 0.61$ 61,78461,784ended30,	Year to dateJune 30,
			20142013467,581$ 449,202$ -107645594468,226$ 449,903$ 183,732$ 171,852$ (17,722)(18,806)(327)(1,970)-9(197)(245)(3,042)(1,946)162,444$ 148,894$ 283,849$ 277,350$ 21,93323,659305,782$ 301,009$ 254,868$ 239,439$ (1,928)(1,080)(7,243)(4,287)(7,209)(4,074)(11,839)(16,275)(220)-(3,376)-223,053$ 213,723$ 1,302$ 2,204$ 181-1,483$ 2,204$ 4,175$ 5,348$ 10,5629,06414,737$ 14,412$ 26,108$ 34,767$ 645701-(9)29,88837,05114,90811,2424,711360-30220-3,376-181-(10,562)(9,064)69,475$ 75,078$ 0.43$ 0.56$ 1.13$ 1.22$ 61,28461,79261,28461,792

NICE SYSTEMS LTD. AND SUBSIDIARIES RECONCILIATION OF GAAP TO NON-GAAP RESULTS (continued) U.S. dollars in thousands

(1) Share-based Compensation

Share-based Compensation
Cost of product revenueCost of service revenueResearch and developmentSales and marketingGeneral and administrative	JuneQuarter	2013(102)$ (855)(707)(1,947)(1,796)(5,407)$ 30,ended	June 30,Year to date
	2014(4)$ (1,331)(1,196)(3,446)(1,241)(7,218)$		20142013(197)$ (240)$ (2,406)(1,823)(1,870)(1,051)(6,624)(4,161)(3,811)(3,967)(14,908)$ (11,242)$

(2) Re-organization expenses

Re-organization expenses
Cost of product revenueCost of service revenueResearch and developmentSales and marketingGeneral and administrative	QuarterJune	2013(5)$ (123)$ -(72)(33)(233)$ ended30,	Year to dateJune 30,
	2014-$ (580)(58)(46)(3,247)(3,931)$		20142013-$ (5)$ (636)(123)(58)-(619)(125)(3,398)(107)(4,711)$ (360)$

(3) Acquisition related compensation expense

Acquisition related compensation expense
Research and developmentSales and marketing	QuarterJune	2013(15)$ (3)(18)$ ended30,	Year to dateJune 30,
	2014-$ --$		20142013-$ (29)$ -(1)-$ (30)$

(4) Acquisition related expenses

Acquisition related expenses
Sales and marketingGeneral and administrative	JuneQuarter	2013-$ --$ 30,ended	June 30,Year to date
	2014(9)$ (211)(220)$		20142013(9)$ -$ (211)-(220)$ -$

NICE SYSTEMS LTD. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS

U.S. dollars in thousands

ASSETSCURRENT ASSETS:Cash and cash equivalentsShort-term investmentsTrade receivablesOther receivables and prepaid expensesInventoriesDeferred tax assetsTotal current assetsLONG-TERM ASSETS:Long-term investmentsOther long-term assetsProperty and equipment, netOther intangible assets, netGoodwillTotal long-term assetsTOTAL ASSETSLIABILITIES AND SHAREHOLDERS' EQUITYCURRENT LIABILITIES:Trade payablesDeferred revenues and advances from customersAccrued expenses and other liabilitiesTotal current liabilitiesLONG-TERM LIABILITIES:Deferred tax liabilitiesOther long-term liabilitiesTotal long-term liabilitiesSHAREHOLDERS' EQUITYTOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

June 30,December 31,20142013UnauditedUnaudited125,631$ 119,545$ 86,56582,826174,339189,32342,63639,84915,39613,44815,80715,625460,374460,616249,788240,78239,89833,25343,88644,343141,628170,125711,429707,9391,186,6291,196,4421,647,003$ 1,657,058$ 23,704$ 25,962$ 178,562144,536189,839213,693392,105384,19130,10537,84132,35630,23062,46168,0711,192,4371,204,7961,647,003$ 1,657,058$

NICE SYSTEMS LTD. AND SUBSIDIARIES CONSOLIDATED CASH FLOW STATEMENTS

U.S. dollars in thousands

NICE SYSTEMS LTD. AND SUBSIDIARIESCONSOLIDATED CASH FLOW STATEMENTSU.S. dollars in thousands
Operating ActivitiesNet incomeAdjustments to reconcile net income (loss) to net cash provided by (used in) operating activitiesDepreciation and amortizationStock based compensationExcess tax benefit from share-based payment arrangementsAmortization of premium and discount and accrued interest on marketable securities*Deferred taxes, netChanges in operating assets and liabilities:Trade ReceivablesOther receivables and prepaid expensesInventoriesTrade payablesAccrued expenses and other current liabilitiesDeferred revenueOther*Net cash provided by operating activitiesInvesting ActivitiesPurchase of property and equipmentProceeds from sale of property and equipmentPurchase of InvestmentsProceeds from InvestmentsCapitalization of software development costsPayments for other investmentsNet cash used in investing activitiesFinancing ActivitiesProceeds from issuance of shares upon exercise of share options and ESPPPurchase of treasury sharesDividends paidExcess tax benefit from share-based payment arrangementsNet cash used in financing activitiesEffect of exchange rates on cash and cash equivalentsNet change in cash and cash equivalentsCash and cash equivalents, beginning of periodCash and cash equivalents, end of period	QuarterJune	ended30,	Year to dateJune 30,
	2014Unaudited10,392$ 19,3957,216(163)519(4,824)(7,120)3,185(1,231)(11)495(1,642)(264)25,947(4,718)4(72,309)58,897(234)(14)(18,374)3,082(22,699)(9,558)163(29,012)333(21,106)146,737125,631$	2013Unaudited16,966$ 23,2645,407(45)2,587(3,889)(1,903)(1,887)(2,332)5,437(4,630)(3,510)(319)35,146(4,189)-(96,157)82,561(273)-(18,058)6,381(15,336)(9,656)45(18,566)(935)(2,413)120,163117,750$	20142013UnauditedUnaudited26,108$ 34,767$ 40,08046,36914,90411,242(288)(10)1,0172,984(10,562)(9,241)16,085(5)(423)(5,353)(1,959)(1,834)(2,247)4,942(30,371)(18,735)32,63528,825(632)(592)84,34793,359(9,055)(8,326)204(85,583)(174,881)73,488128,074(476)(579)(901)-(22,507)(55,708)11,83015,020(49,179)(22,992)(19,264)(9,656)28810(56,325)(17,618)571(879)6,08619,154119,54598,596125,631$ 117,750$

*Certain comparative figures have been reclassified to conform to the current year presentation.

המחייבת מבחינת החברה , הודעה לעיתונות באנגלית שפורסמה בארה"בעיקרי הדוחות ולמסמך זה מהווה תרגום נוחות בלבד ל . Non-GAAP ל – GAAP ן והכוללת מידע נוסף, בין היתר בנוגע להפרשים בי

ורווח למניה דולר מליון של239 ()Non-GAAPהכנסות על נייס מדווחת שני2014 ב דולר של0.57 רבעון ה ()Non-GAAP

הודיעה היום על תוצאות הרבעון (NASDAQ :)ת"א: נייס, NICE סיסטמס יולי 2014, נייס ב ,רעננה, ישראל30 ., 2014יוני ב30ם ב- שהסתיי שניה

ביקושים המשכנו לראות . במהלך הרבעוןדולר ברבעון השני של 2014ן מיליועל הכנסות של 239 דווח"אני שמח ל אמר ברק עילם, מנכ"ל חדשים",והן מלקוחות קיימים, הן מלקוחות מבוססי הכלים האנליטיים שלנו פתרונותלחזקים נייס.

בחדשנות מקדותאנו ממשיכים להוציא לפועל את היוזמות שלנו לטווח הקצר והארוך הכוללות: הת: "ואמר הוסיףעילם ומחויבות של החברה התפעולי , בחינת המודל לטווח הארוךהגדרת אסטרטגיית הצמיחה תהליך המשך , טכנולוגית שיובילו לצמיחה בדרך יעילה, אפקטיבית ורווחית. למצוינות הביקוש שאנו רואים החזק של החברה, צבר ההזדמנויותמאמינים כי אנו , עם כניסתנו למחצית השנייה של השנה למוצרים החדשים שלנו וההזדמנויות העומדות בפנינו בשוק, מציבים אותנו בעמדה טובה לסיום חזק של השנה."

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דולר 0.61, בהשוואה ל- דולר 0.57 היהשל 2014 שני למניה בדילול מלא ברבעון ה(non-GAAP)הרווח :רווח למניה . של 2013 שניברבעון ה

:2014 ביוני 30-ם ביי שהסתישנה לרבעון ()GAAP עותיננסי התוצאות הפיקרי

מיליון דולר ברבעון 224.9 מיליון דולר מ-239.0 ל- 6.3% - גדלו בשל 2014 שניהכנסות החברה ברבעון ה :הכנסות .של 2013 שניה

,, בהתאמה60.6% מיליון דולר ו- היו144.9 של 2014 שניברבעון הושיעור הרווח הגולמי הרווח הגולמי :רווח גולמי . של 2013שני הברבעון ,בהתאמה ,61.8% ו-ליון דולר מי138.9מ-

,5.1% - מיליון דולר ו היו12.2 של 2014 שניברבעון הושיעור הרווח התפעולי רווח התפעולי ה :רווח תפעולי .של שנת 2013 שניברבעון ה ,, בהתאמה8.6%ו- מיליון דולר 19.3בהתאמה, בהשוואה ל-

, בהתאמה, בהשוואה4.3% - מיליון דולר ו היו10.4 של 2014 שניברבעון הושיעור הרווח הנקי רווח הנקי ה : נקי רווח .שנת 2013של שניברבעון ה ,, בהתאמה7.5% ו- מיליון דולר17.0ל -

של שני דולר ברבעון ה דולר לעומת0.27 היה0.17 של 2014 שניהרווח למניה בדילול מלא ברבעון ה :רווח למניה .שנת 2013

תזרים מזומנים מפעילות שוטפת ויתרת מזומנים

, 25.1שניברבעון ה .מיליון דולר 25.9 ייצרה החברה תזרים מזומנים מפעילות שוטפת בסךשל 2014 שניברבעון ה , הסתכמו 2014יוני בנכון ליום 30 .מיליון דולר לתשלום דיבידנד 9.6 -מיליון דולר שימשו לרכישה חוזרת של מניות ו .מיליון דולר, ללא חובות 462ב- השקעות לטווח קצר וארוך , וכןשווי המזומניםויתרות המזומנים

:201ת 4לשנ וישישללרבעון הת החברה יתחז

• ל-שבין 240טווח היא בשל 2014שלישי לרבעון ה : תחזית ההכנסותnon-GAAPשלישי של 2014לרבעון ה תחזית .דולר 0.67ל - דולר שבין 0.59בטווח צפוי להיות בדילול מלא הרווח למניה non-GAAP. ליון דולר מי248

• מיליון דולר. תחזית 1,025 ל- היא בטווח שבין995 לשנת2014 תחזית ההכנסותnon-GAAP :תחזית לשנת 2014 .דולר 2.80 ל- 2.68 היא בטווח שבין בדילול מלא לשנת2014 הרווח למנייה non-GAAP

, והכוללת מידע נוסף, בין היתר בנוגע המחייבת מבחינת החברה , הודעה לעיתונות באנגלית שפורסמה בארה"בעיקרי הדוחות ולמסמך זה מהווה תרגום נוחות בלבד ל . Non-GAAP ל – GAAP ן להפרשים בי

אודות נייס הינה המובילה העולמית במתן פתרונות תוכנה המאפשרים לאירגונים לנקוט בפעולה הבאה הטובה ()NASDAQ: NICEנייס להיאבק בפשיעה פיננסית ולשמור על , להבטיח ציות לרגולציה, ביותר על מנת לשפר את חוויית הלקוח ואת התוצאות העיסקיות Big לנתח וליישם בזמן אמיתי תובנות ממידע מובנה ומ-, הפתרונות של נייס מאפשרים לארגונים לקלוט. אנשים ונכסיםבטחון , אטים'צ , ל"דוא, אפליקציות של טלפונים ניידים, מידע זה מתקבל ממספר רב של מקורות כולל שיחות טלפון. שאינו מובנהData כולל , מדינות150 ארגונים ביותר מ-25,000של נייס נמצאים בשימוש של יותר מ-הפתרונות . מדיה חברתית ווידיאו ועסקאות www.nice.com .Fortune 100 מהחברות המדורגות ב-מעל 80

Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE Systems. All other marks - are trademarks of their respective owners. For a full list of NICE Systems' marks, please see: http://www.nice.com/nice trademarks.

Forward-Looking Statements

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, including the statements by Messer Eilam, 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; 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.

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