Business Services Industry

Comverse Technologies Rated Number 16 Among World Data Technology Companies.

Israel Business Today, June, 1999

An Israeli high tech company - Comverse Technologies specializing in data technology - has been ranked by Business Week as number 16 among the top 100 information technology companies in the world. Comverse is ranked ahead of companies like Lucent Technologies, Yahoo, Intel and right after IBM.

Business Week's criteria for rankings were yield on the share over the last year, return on equity and income growth. Comverse is the only Israeli company on this prestigious list. The performance of the company's shares, listed on the Nasdaq exchange has been keeping up with the high praise that the company has been receiving from the business community. Comverse is a time tested company, its shares ranked ninth among all US stocks in returns to investors over the past...

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