Comverse Identifies Rich Growth Opportunities for Service Providers to Monetize New Connected Business Domains

Innovative Demos Include New Billing and Policy Management Options, Visual Voicemail on Facebook, Hands-Free Texting for Drivers

WAKEFIELD, Mass., Feb. 21, 2012 (GLOBE NEWSWIRE) -- At Mobile World Congress (MWC) 2012, (Hall 8, Booth# B83) Comverse® (Nasdaq:CMVT), a global leader in BSS, mobile Internet, and value added services, will show how communication service providers (CSPs) can use mobile technology to extend their business models to embrace and monetize the vertical eco-systems of industries that are becoming connected.

Under an overarching theme of "Enabling a World of Connected Possibilities," Comverse will demonstrate mobile communication options for enhancing the connectivity and inter-operability of industries that are becoming communications dependent - such as medicine, transportation, commerce, government, education, entertainment, social networking, publishing, music and security.

Visitors to the Comverse booth can see new opportunities in emerging social media applications, cloud-based services, industry-specific CRM, monetization of machine-to-machine (M2M), over-the-top (OTT) applications and more.

The Solutions Showcase will highlight key aspects of Comverse's productized solutions that enable CSPs to unleash the power of the network and monetize the connected world:

  • Machine-to-Machine, Cloud, and Over-the-Top (OTT) Business Model Solutions: The comprehensive Comverse ONE ® BSS solution enables CSPs to smartly monetize any service, content and business across all customer touchpoints while providing a positive, consistent customer experience through an industry-specific CRM. Service Enablement Middleware opens up CSPs to innovative services and applications across devices and access networks; IP Messaging transitions CSPs to an all-IP ecosystem leveraging existing assets.
  • Data Monetization: Unique Policy Manager and Policy Studio service creation environment integrated with Comverse ONE Billing and Active Customer Management solution for accelerating monetization & market innovation.  
  • Social Media: Comverse Innovation will give a first peek at how the Social Support System (S3) connects CSP systems to social media and how new Business Control System creation and metric visualization tools can make your business more agile and effective.

Comverse demos include Converged Social and Messaging Inbox, Clientless Visual Voicemail, Visual Voicemail on Facebook, Safe Drive (new hands-free texting solution for drivers), and more.

Comverse Managed Services experts will show how the application of unmatched product and market expertise can increase efficiency and accelerate time-to-market.

Comverse Innovation will also host a Practical Innovation Workshop entitled " Connecting Telecom & Social Media" on Tues Feb 28 10:30-12:00 for those interested in innovation and in practically enriching the connection between CSPs and social media.

Visit Us at MWC

Catch us in BarcelonaFebruary 27- March 1, 2012 (Hall 8, Booth# B83). Click to learn more about Comverse at MWC: Enabling a World of Connected Possibilities. To schedule a meeting and to join us at a cocktail event at our stand, contact yael.rohar@comverse.com.

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.

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.

         paul.baker@cmvt.com

         (212) 739-1060
Source: Comverse Technology

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