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Persay's Biometric Speaker Verification Technology Ranked #1 in Accuracy
[September 18, 2006]

Persay's Biometric Speaker Verification Technology Ranked #1 in Accuracy


TEL AVIV, Israel --(Business Wire)-- Sept. 18, 2006 -- Persay Ltd. (www.persay.com), the leading provider in biometric speaker verification technology, received today the results of the text dependent speaker verification system evaluations performed by the University of Canberra in Australia, confirming Persay's VocalPassword(TM) as the world leader in verification accuracy.



The text dependent speaker verification evaluations were performed at the National Centre for Biometrics studies at the University of Canberra for the first time in 2005 and are the most competitive and thorough tests ever performed. In the evaluations, Nuance presented Nuance Verifier(TM) and SpeechSecure(TM) and Persay submitted its text dependent speaker verification product, VocalPassword(TM).

The round of tests performed in 2006 at the National Centre for Biometric Studies evaluated Persay's most recent release of VocalPassword(TM) as well as an alpha version of Persay's next release. Both systems were tested using the same set of comprehensive evaluations used in the previous year. Persay's VocalPassword(TM) excelled in these evaluations and ranked #1 in system accuracy. In some cases, the Equal Error Rate was reduced by as much as 50%, compared to the system tested in 2005, exceeding 99% accuracy.


Persay's CTO, Dr. Ran Gazit, noted, "The results of this comprehensive set of tests have reassured our confidence in the system's performance, showing excellent verification accuracy under various conditions, including increased robustness to background noise and mobile network environments." Dr. Gazit also added, "This improvement in text-dependent speaker verification accuracy comes together with a significant breakthrough in text-independent accuracy, demonstrated by Persay's FreeSpeech(TM) product, following a successful participation in the NIST 2006 Speaker Recognition Evaluation. Persay's research team will continue to work on improving and updating both text-dependent and text-independent speaker verification engines to meet the most stringent requirements of current and future customers."

Please refer to the following link to view the complete 2005 Speaker Verification Evaluation Report by the University of Canberra and the recent 2006 Addendum: http://www.3sh.net/client-evaluations.html.

About Persay

Persay Ltd. is a leading provider of advanced biometric speaker verification products. Persay's technology relies on the biometric power of voice to verify speakers' identity. Persay's products have been deployed by leading financial services, telecom operators, enterprises and law enforcement agencies worldwide. Persay is a spin-off of Verint Systems Inc. (NASDAQ: VRNT) with headquarters in Tel Aviv and a network of partners and representatives worldwide.

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