CMVT Comverse Technology, Inc. (MM)

With the right mix of technology, efficiency and customer experience, communication service providers (CSPs) may find that Africa offers more opportunity than almost any other region on the planet, according to Comverse® (Nasdaq:CMVT), the global leader in business enablement through BSS, mobile Internet, value-added and managed services. At key upcoming African telecom events, Comverse draws from its extensive worldwide and regional experience and broad portfolio of solutions to show CSPs how to maximize success in this market on the rise.

"CSPs who prepare for the unique opportunities in Africa will find themselves positioned for significant reward in one of the world's fastest-growing and most promising regions," stated Denis Bernaert, Comverse SVP & Managing Director of EMEA. "Africa, whose population has recently passed the one billion mark, is adding tens of millions of new subscribers every year – and Africans are embracing mobile technologies as the communication infrastructure to propel progress throughout the continent. A veteran player in close sync with the region, Comverse has a comprehensive range of solutions fine-tuned for success in this market."

Revenue-Generating Solutions

At upcoming industry events TMF Africa (Johannesburg, September 18 -19, 2012) and AfricaCom (Cape Town, November 13-15), Comverse will demonstrate solutions and services that can help shape CSP success in this emerging region in the years to come.

At AfricaCom on November 14, Comverse will conduct a "Monetization Safari" at two key sessions. In an 11:40 Master Class entitled Africa on the Edge of Innovation and Progress: New Value-Added Service (VAS) Opportunities in a Rapidly Growing Mobile Centric Environment, Nir Flatau, VP Marketing and Business Development at Comverse, tracks facilitation of advanced services. He spotlights how network openness enabling African boutique applications unleashes the capabilities of African entrepreneurs to introduce apps that resonate with the local population.

At 12:40, Yariv Geller, VP Strategy, Planning and Marketing at Comverse, underscores the advantages of taking African Customer Experience Management (CEM) to the next level in a session entitled Start Worrying When Your Customers Are "Satisfied" – And Do Something About It!

Smart Data Monetization

"With mobile penetration rising sharply and surging smartphone sales driving mobile Internet usage to record levels, Africa has emerged as a global leader in the percentage of Web traffic handled by mobile devices," observed Bernaert. "For this reason, Comverse is spotlighting smart mobile data monetization. Tight integration between Comverse Mobile Internet Data Management & Monetization and Comverse ONE BSS elements – plus our trail-blazing Policy Studio – can power African CSPs to introduce advanced data plans and targeted promotions in record time to better monetize data traffic and meet the evolving needs and preferences of local consumers."

Meet with Comverse, the global leader in value-added services and converged billing, at TMF Africa, AfricaCom, or at one of our local African offices. Click for more information on boosting VAS revenues, monetizing mobile data, and transforming your BSS into an enabler of profitable growth.

About Comverse

Comverse is the world's leading provider of software and systems for business enablement through converged billing and active customer management, mobile Internet, value-added and managed services. Comverse's extensive customer base spans more than 125 countries and covers over 450 communication service providers serving more than two billion subscribers. The company's innovative product portfolio enables communication service providers to unleash the value of the network for their customers by making their networks smarter. Comverse's solutions support flexible deployment models, including in-network, cloud, hosted and managed services. Comverse, ranked number 55 in PwC's Global 100 Software Leaders based on research by Pierre Audoin Consultants, is a subsidiary of Comverse Technology, Inc. (Nasdaq:CMVT).  For more information, visit www.comverse.com.

The Comverse Technology logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=13267

Statements included or incorporated by reference in this press release may contain "forward-looking statements." There can be no assurance 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 risks described in the section entitled "Forward-Looking Statements" Item 1A, "Risk Factors" and elsewhere in the company's Annual Report on Form 10-K for the fiscal year ended January 31, 2012 filed with the SEC on April 2, 2012 or in subsequently filed periodic, current or other reports. The company undertakes no commitment to update or revise forward-looking statements except as required by law.

CONTACT: Paul D. Baker
         Comverse Technology, Inc.
         paul.baker@cmvt.com
         (212) 739-1060