CMVT Comverse Technology, Inc. (MM)

Comverse, a unit of Comverse Technology, Inc. (NASDAQ: CMVT), and the world's leading supplier of software and systems enabling network-based multimedia enhanced communications services, today announced as part of its Integrated Messaging Solution two new products: the back-end Message Broker and the front-end Integrated Messaging Client. Comverse's Integrated Messaging Solution provides seamless messaging inter-working capabilities across various services, networks and devices. By deploying Comverse's Integrated Messaging, operators can drive increased usage of enhanced messaging services, thereby building revenue streams and subscriber loyalty, while leveraging operators' existing messaging services and infrastructures. These services along with other services from the Comverse Total Communication Portfolio are being demonstrated at 3GSM World Congress, February 13-16 in Barcelona, Spain at the Comverse stand (Hall 8, stand B12/13). Comverse Integrated Messaging provides an optimized and intuitive user experience by automatically selecting the optimal delivery method based on recipients' device and network capabilities, presence status, and pre-defined preferences. Senders are thus assured that their messages are in fact received, while recipients receive messages in the format most appropriate to their status and device capabilities. The newly announced Message Broker enables inter-working among messaging services - including SMS, MMS, email, voice messaging, instant messaging (IM), and video - and across protocols. For example, Message Broker can transform and deliver a text message sent by SMS as a line of text within the recipient's PC-based IM session. Similarly, a voice message can be pushed to the recipient's PC or mobile handset. Comverse Integrated Messaging Client empowers a simple and intuitive user experience by providing a single interface for all messaging services and modes - be they pull, push or real-time sessions. For message senders, the client features a unified address book and single message composer that does not require their choosing a particular messaging technology. For message recipients, a single in-box for all message types simplifies message retrieval and display. The client's enhanced user interface, which operators may brand, increases subscriber satisfaction and loyalty. "Message Broker and Integrated Messaging Client provide value to operators by optimizing the user experience, guaranteeing message completion, and providing market differentiation to reduce churn," said Benny Einhorn, Chief Marketing Officer at Comverse. "With our new Integrated Messaging products, decades of messaging market leadership, a large IP installed base, and presence capabilities, Comverse is positioned to lead the evolution towards true Integrated Messaging." Integrated Messaging is a modular, evolutionary and flexible solution that leverages operators' existing messaging services and infrastructures. Operators may deploy Message Broker and Integrated Messaging Client either separately or together, while Integrated Messaging can be implemented as a stand-alone solution or as part of the Comverse InSight(TM) open services environment. The standards-based solution is also IMS-compliant, ensuring future-proof messaging migration to next-generation integrated networks. 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 communication services. These value-added enhanced services solutions, along with the company's real-time billing solutions, comprise the company's Total Communication portfolio. Comverse's Total Communication portfolio addresses four primary categories: call completion and call management solutions; advanced messaging for groups, communities and person-to-person communication; solutions and enablers for the management and delivery of data and content-based services; and real-time billing and account management solutions for dynamic service environments. Other Comverse Technology business units include: Verint Systems, a leading provider of analytic software-based solutions for communications interception, networked video security and business intelligence; and Ulticom, a leading provider of service enabling signaling software for wireline, wireless and Internet communications. Comverse Technology is an S&P 500 and NASDAQ-100 Index company. For additional information, visit the Comverse Web site at www.comverse.com or Comverse Technology's Web site at www.cmvt.com. All product and company names mentioned herein may be registered trademarks or trademarks of Comverse or the respective referenced company(s). Note: This release may contain "forward-looking statements" under the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include, among others: risks associated with integrating the business and employees of GSS division of CSG Systems, International; 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. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of the Company with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. These documents are available through the Company, or its website, www.cmvt.com, or through the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov. The Company makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made. Contacts: Investor/Business Press: Paul D. Baker Comverse Technology, Inc. One Huntington Quadrangle, Third Floor Melville, NY 11747 (516) 677-7226 or Industry Press: Penny Blaisdell Comverse 100 Quannapowitt Parkway Wakefield, MA 01880 (781) 224-8612