-Caveat Lector- Surveillance company moving hub to Denver http://denver.bcentral.com/denver/stories/2001/06/18/story8.html Amy Bryer Business Journal Staff Reporter NICE Systems, a global recording and surveillance company based in Israel, is consolidating most of its North American offices into one on 17th Street in the Manville Plaza. NICE engineers, manufactures and markets recording devices used in call centers, banks, air traffic control towers and government buildings. It has the government contract for all Federal Aviation Administration towers and its equipment is used in air traffic towers in all countries except four, said George McDonough, NICE director of sales in Denver. It also creates the recording devices for 50 percent of the call centers in the country that let callers know their conversation may be recorded for accuracy or security reasons. In May, NICE was chosen by the U.S. Federal Bureau of Prisons to provide video surveillance and recording for nine prisons. The company's roots are in the Israeli Defense Force. The engineers for the Israeli Army developed recording devices that were more compact than their predecessors and could be used to monitor radio frequencies while riding in the back of Humvees. When the engineers left the Army in the early 1980s, they decided the technology could be sold commercially and they founded NICE in 1986. Ten years later, NICE went public on the Nasdaq under the symbol NICE. Last year, NICE purchased two Denver companies, CenterPoint Solutions and Stevens Communications, and plans to close three offices -- Vancouver, British Columbia; Sunnyvale, Calif.; and Atlanta. It will be moving customer care, research and development and professional services into the 30,000-square-foot Denver office, leaving one other research and development office in San Diego. Denver will be one of two key hubs for the company in North America -- the other being the U.S. headquarters in Secaucus, N.J. NICE has about 35 workers in Denver and will add about 50 to 60 more. "We'll be rebuilding our team in Denver which is a high-tech arena," McDonough said. "There have been a lots of layoffs and we hope to capitalize on it." In a recent report by Goldman Sachs and Co. Investment Research, NICE was downgraded and investors told to remain cautious. Weaker spending was expected to negatively affect NICE results in the coming quarters, according to the report. NICE decreased its revenue projections for the year from $153 million to between $125 million and $135 million, but Goldman Sachs predicts revenue will be closer to $123 million. <A HREF="http://www.ctrl.org/";>www.ctrl.org</A> DECLARATION & DISCLAIMER ========== CTRL is a discussion & informational exchange list. Proselytizing propagandic screeds are unwelcomed. Substance—not soap-boxing—please! These are sordid matters and 'conspiracy theory'—with its many half-truths, mis- directions and outright frauds—is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRLgives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credence to Holocaust denial and nazi's need not apply. Let us please be civil and as always, Caveat Lector. ======================================================================== Archives Available at: http://peach.ease.lsoft.com/archives/ctrl.html <A HREF="http://peach.ease.lsoft.com/archives/ctrl.html";>Archives of [EMAIL PROTECTED]</A> http:[EMAIL PROTECTED]/ <A HREF="http:[EMAIL PROTECTED]/";>ctrl</A> ======================================================================== To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED] To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED] Om
