CMVT Comverse Technology, Inc. (MM)

Comverse® (Nasdaq:CMVT), the global leader in business enablement through BSS, mobile Internet, value-added and managed services, will highlight how managed services from the BSS vendor can help increase top line and improve business results at Managed Services World Congress 2012.

In the Managed Services World Congress conference session entitled Managed Services Improve Your Top Line on September 18, Yossi Abraham, Vice President Sales & Marketing, Comverse Global Services, will draw from global success stories and industry research to illustrate how managed services empower communication service providers (CSPs) around the world to open up rich revenue opportunities and business models, and speed time-to-revenue by as much as 30%.

Abraham has also been selected to serve as a key expert in the panel session on September 19.

Improving Profitability through Managed Services

"Today's increasingly complex and sophisticated IT systems require greater expertise to extract their full potential," said Jecka Glasman, Senior Vice President, Global Services Business Unit for Comverse. "Because technology vendors know their technology best and are most able to maximize utilization of system capabilities, the Managed Services market is growing rapidly worldwide. Field-proven to boost efficiency, "factory-backed" managed services bring CSPs a broad range of advantages."

"In service activities that we manage, we see CSP demand growing for services that improve the user experience, drive growth and improve the top line. Accelerating the time from idea to launch is one of the ways we help CSPs stream more revenues in a faster manner," Glasman continued. "Our skilled operational teams also increase billing accuracy, reducing customer calls to call centers and accelerate the bill-to-cash cycle."

A leader in operational and growth-enabled services with unparalleled product and market knowledge, Comverse draws from more than 20 years of extensive global experience with more than 450 customers.

Click for more information on improving profitability though managed services and meet with Comverse at Managed Services World Congress on September 18-19 in Berlin.

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