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Comverse at TM Forum Management World Asia: Do More in the Connected World – Smarter, Faster, at a Lower Cost

by david.nunes

Comverse at TM Forum Management World Asia: Do More in the Connected World – Smarter, Faster, at a Lower Cost

Comverse Shows How to Maximize Value From New Services and Business Models, Such as M2M, Cloud and Data

WAKEFIELD, Mass., Feb. 2, 2012 (GLOBE NEWSWIRE) — Comverse (Nasdaq:CMVT), a global leader in BSS, mobile Internet, and value-added services, and a sponsor at Management World Asia 2012, will deliver a key presentation there, entitled “Monetization Implications of New & Emerging Growth Models: Cloud, M2M, Mobile Data, MVNO.”

Vivek Dixit, AVP, Videocon Telecommunication Ltd., India, and Raman Abrol, VP, Head of Global BSS Solutions, Comverse, will deliver the presentation,featured in the Enabling Service Innovation and Diversifying Revenue Streams track, on February 7, 2012, 4:40 – 5:00 pm. In the presentation and throughout the event, Comverse will highlight the challenges and revenue opportunities of implementing new revenue-stimulating growth models.

“As a strong believer in the value of case studies, I will share lessons learned from the successful deployment of Comverse ONE for Videocon in India, and how it has allowed us to launch differentiated services & tariff plans while achieving greater financial control over our value-added services,” Dixit said.

“Communication Service Providers (CSPs) have a variety of growth options. With a comprehensive BSS solution, CSPs can do more: smarter, faster and at a lower cost,” said Abrol. “Capabilities such as flexible charging, pricing and bundling and policy can accelerate profitability and differentiation through innovative pricing plans, bundled offers, and OTT monetization, which extract value from new services and business models such as M2M, cloud and data.”

“The Comverse ONE® Billing and Active Management solution has an extensive global track record of promoting CSP success by allowing our customers to set policies that are both subscriber- and network-aware, smartly monetize any service, content and business model — today’s as well as tomorrow’s — while providing a positive & consistent customer experience through telco-specific CRM,” added Roni Levy, Senior Vice President and Head of the BSS Business Unit at Comverse.

Visitors to Management World Asia in Singapore are invited to schedule a meeting with Comverse experts at the conference, February 7 – 8, 2012 to learn how to leverage BSS convergence for effective monetization of new connected opportunities.

About Comverse

Comverse is the world’s leading provider of software and systems enabling converged billing and active customer management, mobile Internet, and value-added services. Comverse’s extensive customer base spans more than 125 countries and covers over 450 communication service providers serving more than two billion subscribers. The company’s innovative product portfolio enables communication service providers to unleash the value of the network for their customers by making their networks smarter. Comverse’s solutions support flexible deployment models, including in-network, cloud, hosted and managed services. Comverse, ranked number 55 in PwC’s Global 100 Software Leaders based on research by Pierre Audoin Consultants, is a subsidiary of Comverse Technology, Inc. (Nasdaq:CMVT).  For more information, visit www.comverse.com.

The Comverse Technology logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7454

Statements included or incorporated by reference in this press release may contain “forward-looking statements.” There can be no assurance that any forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could affect the company include the risks described in the section entitled “Forward-Looking Statements” Item 1A, “Risk Factors” and elsewhere in the company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2011 filed with the SEC on May 31, 2011 or in subsequently filed periodic, current or other reports. The company undertakes no commitment to update or revise forward-looking statements except as required by law.

CONTACT: Paul D. Baker
         Comverse Technology, Inc.
         (212) 739-1060


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