Comverse Launches Award-Winning MyCall® Converged Communications for American Market at Internet Telephony

Business Wire, Sept 10, 2007

Winner of Technology Marketing Corporation (TMC)'s 2007 INTERNET TELEPHONY Excellence Awards

WAKEFIELD, Mass. -- Comverse, a subsidiary of Comverse Technology, Inc. and the world's leading supplier of software and systems enabling network-based multimedia enhanced communication and billing services, today announced the launch of MyCall([R]) Converged Communications for the American market at the Internet Telephony Conference & Expo West 2007 on September 10-12, in Los Angeles, California. A recipient of the 2007 INTERNET TELEPHONY Excellence Awards for Exceptional VOIP/IP Telephony Solutions, MyCall Converged Communications delivers consumer telephony and messaging services with a unified user interface, over fixed broadband and mobile networks. Visitors are welcome to visit Comverse at Booth #326 and witness a demonstration of true converged communications.

"Comverse is the leader in providing massively scalable VoIP and next-generation switching technologies in wide use in Europe today, supporting millions of end users," commented James Colby, Vice President of Marketing of Comverse Americas. "By integrating MyCall, service providers can develop "3 screen" strategies - mobile, PC and TV - and offer truly integrated converged communication services customized to consumer lifestyles and delivered over multiple access networks, which can lead to stronger customer relationships. This is an important strategic direction many operators are taking to enhance their competitive positions."

By combining fixed-mobile telephony with messaging, MyCall enables operators to deploy consumer telephony and messaging seamlessly across users' PC, home phone and mobile device for a unified, converged customer interface, and offer attractive, cost-effective voice, video and messaging service bundles. Subscribers can use a similar user interface on a PC or a mobile phone to access all communication and messaging services, including telephony, SMS, MMS, IM and Presence. The same number can be used to call all devices with a shared contact list, and all the services use the same billing mechanism.

MyCall subscribers also benefit from Visual Voicemail, enabling quicker response times, a simpler user experience and an intuitive visual interface with a one-click response to messages.

About Comverse

Comverse is the world's leading provider of software and systems enabling network-based messaging and content value-added services, converged billing and IP communications. Comverse solutions generate revenues, strengthen customer loyalty and improve operational efficiency for over 500 communication service providers in more than 130 countries. The company's Total Communication(SM) portfolio facilitates personalized lifestyles in an evolving connected world and is based on the holistic InSight[TM] Open Services Environment. Comverse's solutions support flexible deployment models, including in-network, hosted and managed services, and can run on circuit-switched, VoIP, IMS and converged network environments. Comverse is a subsidiary of Comverse Technology, Inc. (CMVT.PK). For more information, visit www.comverse.com.

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

This release contains "forward-looking statements" under the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances 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 results of the investigation of the Special Committee, appointed by the Board of Directors on March 14, 2006, of matters relating to the company's stock option grant practices and other accounting matters, including errors in revenue recognition, errors in the recording of deferred tax accounts, expense misclassification, the possible misuse of accounting reserves and the understatement of backlog; the impact of any restatement of financial statements of the company or other actions that may be taken or required as a result of such reviews; the company's inability to file reports with the Securities and Exchange Commission; the effects of the delisting of the company's Common Stock from NASDAQ and the quotation of the company's Common Stock in the "Pink Sheets," including any adverse effects relating to the trading of the stock due to, among other things, the absence of market makers; risks relating to alleged defaults under the company's ZYPS indentures, including acceleration of repayment; risks of litigation (including pending securities class actions and derivative lawsuits) and of governmental investigations or proceedings arising out of or related to the company's stock option practices or any other accounting irregularities or any restatement of the financial statements of the company, including the direct and indirect costs of such investigations and restatement; risks related to the effects of Verint Systems Inc's. merger with Witness Systems, Inc., including risks associated with integrating the businesses and employees of Witness; risks associated with integrating the businesses and employees of the Global Software Services division acquired from CSG Systems International, Netcentrex S.A. and Netonomy, Inc.; changes in the demand for the company's products; changes in capital spending among the company's current and prospective customers; the risks associated with the sale of large, complex, high capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis; aggressive competition may force the company to reduce prices; a failure to compensate any decrease in the sale of the company's traditional products with a corresponding increase in sales of new products; risks associated with changes in the competitive or regulatory environment in which the company operates; risks associated with prosecuting or defending allegations or claims of infringement of intellectual property rights; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with the company's ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission.