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TheStreet Open House

Comverse At Futurecom 2012: Expand Your Stake In The Future By Enabling Connected Possibilities

WAKEFIELD, Mass., Oct. 4, 2012 (GLOBE NEWSWIRE) -- With information and communication technologies transforming telecommunications in Latin America (LatAm), new thinking and solutions being shared by Comverse ® (Nasdaq:CMVT) at Futurecom 2012 can better position communication service providers (CSPs) throughout the region to cash in on new business models and growth opportunities.

At Futurecom, Latin America's largest annual telecom event, Comverse, a global and regional leader in business enablement through BSS, mobile Internet, value-added and managed services, will speak at two sessions, drawing from its worldwide experience and significant local presence to show how LatAm CSPs can best leverage developments and trends in the region.

On October 9 at 12:10, Gil Kazes, Comverse AVP, VAS Product Strategy, will highlight regional Value-Added Service (VAS) opportunities such as how to leverage the 3G to 4G migration and the social engagement trend to drive data, voice & messaging ARPU, how to blur boundaries between feature & smart phones with apps that enrich user experience, how to reduce OPEX & CAPEX through cloud computing and offer cloud-based enterprise services for the growing mobile workforce.

On October 10 at 11:30, Raman Abrol, VP and General Manager of the Caribbean and Latin America for Comverse, will share information about what CSPs in LatAm and around the world are doing to maximize profit from LTE, mobile broadband, social media, M2M, OTT and beyond. Abrol will highlight effective new tools and services for expanding into new business models while safeguarding and enhancing traditional revenue streams. Case studies from within and outside of the region will be cited to illustrate key concepts and successful approaches.

"Comverse's prominent profile at Futurecom reflects our leadership role in the region," said Abrol. "In addition to speaking at event sessions, we welcome LatAm customers to visit us at Booth D10, where we will demonstrate how our unparalleled broad portfolio of solutions and services positions CSPs to cash in on a wealth of opportunities in this region."

Meet with Comverse, the global leader in value-added services and in converged billing, at Futurecom October 8 – 11 in Rio de Janeiro and click for more information on boosting VAS revenues 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

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