This announcement appears as a matter of record only Lanex, LLC. has been sold to Loronix Information Systems, Inc. We initiated the transaction, acted as financial advisor to, and assisted with the negotiations as representative of Lanex, LLC.

Engaged by the principal shareholders of Lanex, LLC to sell the company. Lanex, a manufacturer of digital video security and surveillance products, was sold to Loronix Information Systems, Inc., a wholly owned subsidiary of Verint Systems (a Comverse Technology company, NASDAQ:CMVT).