Comverse Technology, Inc. to List on The NASDAQ Global Select Market Friday, September 23, 2011 Under the Symbol “CMVT”
NEW YORK, Sept. 22, 2011 (GLOBE NEWSWIRE) — Comverse Technology, Inc. (“CTI”) (Pink Sheets:CMVT) today announced that The NASDAQ Stock Market LLC has approved its application for the relisting of its common stock on The NASDAQ Global Select Market. CTI’s common stock is expected to resume trading on The NASDAQ Global Select Market when the market opens on Friday, September 23, 2011 under the symbol “CMVT.”
Charles Burdick, Chairman and Chief Executive Officer of CTI said, “We are pleased to be listed on NASDAQ. NASDAQ as a globally-recognized exchange can help broaden our investor base and increase our corporate visibility. As a leading provider of innovative, mission-critical software-based systems to customers in more than 125 countries, Comverse is delighted to join many of the world’s most recognizable names in high technology with our listing on NASDAQ.”
About Comverse Technology, Inc.
Comverse Technology, Inc., through its wholly-owned subsidiary Comverse, is the world’s leading provider of software and systems enabling converged billing and active customer management and value-added voice, messaging and mobile Internet services. Comverse’s extensive customer base spans more than 125 countries and covers over 450 communication service providers serving more than two billion subscribers. CTI also holds majority ownership positions in Verint and privately-held Starhome.
The Comverse Technology logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7454
