Comverse Introduces Prepaid GPRS, A Real-Time Prepaid Solution For Wireless Data Services

Business Wire, Feb 20, 2001

Business/Technology Editors

3GSM World Congress 2001

CANNES, France--(BUSINESS WIRE)--Feb. 20, 2001

Prepaid Subscribers Stay Connected But

Pay In Real-Time Only For What They Use

Visit The Comverse Booth At The 3GSM World Congress

Cannes, February 20-23 - Stand D10

Comverse (NASDAQ: CMVT), the world's leading supplier of software and systems enabling network-based multimedia enhanced communications services, announced today the introduction of Prepaid General Packet Radio Services (GPRS). Comverse's Prepaid GPRS is a real-time billing and payment solution for providing prepaid mobile users with easy, on-line access to IP network applications including Internet and corporate Intranet access, email, location-based information services, mobile commerce, and infotainment services.

Building on Comverse's success with mobile data and prepaid services, Comverse's Prepaid GPRS is a scaleable, flexible, feature-rich solution that lets service providers meet the data needs of their prepaid subscribers, now and in the future.

Prepaid GPRS combines the power of Comverse's Mega.Flow carrier-class mobile Internet platform with Comverse's prepaid server, which allows operators to deploy a variety of service features based on a sophisticated array of advanced charging options.

The options include calendar trafficking, periodic charging, volume-based billing, and service- and location-based billing. Comverse's Prepaid GPRS solution lets subscribers use a prepaid account balance to pay in real-time only for what they use.

"Prepaid services constitute an important part of the global mobile market," said Zeev Bregman, Chief Executive Officer of Comverse. "Providing Prepaid GPRS is an important step in Comverse's efforts to help service providers leverage their infrastructure investments and further expand their market and subscriber base with the seamless deployment of 3rd Generation network (3G) wireless revenue-enhancing multimedia applications and services."

Prepaid mobile services have grown significantly in the last 12 months, particularly in Western Europe where an overwhelming proportion of all new mobile subscriptions have been prepaid - up to 93 percent in some countries. Telecom consultancy Strategy Analytics forecasts continued strong growth of prepaid services in Western Europe, estimating that 75 percent of all mobile subscriptions will be prepaid by 2005.

About Comverse

Comverse, a unit of Comverse Technology, Inc. (NASDAQ:CMVT) is the world's leading provider of software and systems enabling network-based multimedia enhanced communications services in over 350 customers in more than 100 countries. Comverse provides a wide range of solutions enabling 3G-ready multimedia messaging, multi-protocol mobile Internet platforms, wireless data and short messaging services, speech-controlled portal, wireless prepaid services, interactive voice response and other personal communications services. Other Comverse Technology business units include: Comverse Infosys which provides multiple channel, multlmedia digital recording, logging, and quality monitoring systems marketing to call centers, financial institutions and law enforcement agencies; and Ulticom, a leading provider of network signaling software for wireless, wireline, and Internet communications services. Comverse Technology is an S&P 500 and NASDAQ-100 Index company. For additional information, visit the Comverse web site at http://www.comverse.com.

All product and company names mentioned herein may be registered trademarks or trademarks of Comverse or the respective referenced company(s).