Business Services Industry

Comverse Reveals Final Results of Visual Voicemail Research at Pan-European Conference on Mobile Messaging

Business Wire, April 7, 2008

Leading European Operators Convene to Discuss Strategies for Converged Messaging

WAKEFIELD, Mass. -- Comverse, the world's leading supplier of software and systems enabling network-based multimedia enhanced communication and billing services, announced the final results of recent visual voicemail research conducted by a third-party firm. These results and key issues affecting the mobile messaging market were the focus of Comverse's recent pan-European conference in Budapest, Hungary. Prominent figures from leading European operators, standards bodies and international industry organizations addressed the conference on developments and trends in messaging, voicemail and call completion, and the associated business models that have impact on mobile operators and their evolving needs.

One highlight of the seminar agenda was the presentation of the final results of recent user research conducted by one of the world's top global market research firms. Comprehensive analysis of the research reveals favorable user response to the ongoing evolution of voicemail. The research results reveal the degree of user attraction to -- and willingness to pay for -- Visual Voicemail, which makes message retrieval and management more efficient with an intuitive visual interface, Converged Mailbox, which unites accounts (home, mobile, office), devices (fixed, mobile, PC), and message types (SMS, MMS, voice, video and fax), and Personal Space, which integrates storage, calendar, albums, and easy-to-use sharing capabilities, such as Mobile Blog.

"The Open Mobile Alliance (OMA) believes that it is important for key industry players to develop relationships and exchange views on the evolution of services and the development of new technologies that help build and sustain the data applications market," said Mark Cataldo, Chair of the OMA Technical Plenary. "In Budapest, we shared our standardization work around the convergence of IP and mobile messaging services and devices. Our mission is to provide market-driven, interoperable mobile service enablers for world-wide deployment. The Comverse event helps us to understand what others in the industry are doing to forge new messaging paradigms as well as receive feedback on the work we have done to achieve global interoperability. This exchange is crucial to the integration of the many messaging systems that exist in the market today, including SMS, MMS, IM, email and more."

"The Budapest conference is one of the international forums that Comverse sponsors as an industry leader delivering the most relevant information to mobile market players to help ensure their success," said Dror Bin, Vice President and General Manager, Comverse Messaging. "With our active role and high profile in standards organizations, ongoing market research and leading global Value-Added Services market position, we have much to share, and gatherings like this are compelling proof points of Comverse's leadership and the influence we have on the mobile market."

About Comverse

Comverse is the world's leading provider of software and systems enabling network-based messaging and content value-added services, prepaid, postpaid and 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 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 investigation or as result of the company's VSOE evaluation; 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 the company's ability to relist its Common Stock on NASDAQ; risks relating to alleged defaults under the company's ZYPS indentures, including acceleration of repayment; risks of litigation (including the pending securities class action and derivative lawsuits and any potential civil injunctive action by the Securities and Exchange Commission) 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 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; the risk of declines in information technology spending; 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. The company undertakes no commitment to update or revise forward-looking statements except as required by law.

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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