WAKEFIELD, Mass., July 13, 2010 (GLOBE NEWSWIRE) -- Comverse has received Billing & OSS World's Excellence Award for Best Cost Management Implementation for consolidating GCI's multiple lines of business into Comverse's multi-service convergent Business Support System (BSS) solution.

"Comverse's achievements were judged by a panel of experts as being exemplary among its peers," said Mike Saxby, publisher of Billing & OSS World magazine. "Billing & OSS World is pleased to acknowledge Comverse as an example of excellence in best cost management implementations for the telecommunications industry."

The Best Cost Management Implementation award is given to the implementer of business or operations support system software or the application of professional services that significantly lowers the cost of doing business.

"The Comverse BSS Solution enables GCI to deliver bundled service offerings, drive new revenues and streamline its billing operations by using one system to support its entire product portfolio," said Garrison Macri, Senior Vice President, North America, at Comverse, the world's leading supplier of software and systems enabling value-added messaging and content services, converged billing and active customer management, and IP communications.

"We are honored to receive this important industry award, which is a tribute to the outstanding cooperation between the GCI and Comverse implementation teams," Macri said.

"We continue to gain great benefits from working with Comverse," said Jim Dunlap, president of Cycle30, a GCI company that operates all of GCI's order-to-cash billing and other BSS systems. "Comverse's leadership in converged BSS solutions worldwide provides strength and flexibility at the core of GCI's and Cycle30's overall order-to-cash platform."

The awards, which were presented in early June at the Billing World 2010 Conference & Expo, recognize excellence in a communications service provider's business from vendor-enabled or internal initiatives.

About Cycle30

Cycle30, Inc., a GCI company, provides hosted billing services in North America. The company's offering covers all order-to-cash systems required by converged telecom, cable and utility providers. The Cycle30 division has helped transform GCI from a multi-product carrier into a truly converged carrier of bundled, high-value telecom services, consolidating nine billing systems into one, and increasing operational efficiency and competitive agility. Visit www.cycle30.com.

About GCI

General Communications, Inc. (GCI) (Nasdaq:GNCMA) is the largest communications company in Alaska. The company's cable plant, which provides voice, video, and broadband data services, passes 90 percent of Alaska households. A pioneer in bundled services, GCI is the top provider of voice, data, and video services to Alaska consumers. GCI is also the leading provider of communications services to enterprise customers, particularly large enterprise customers with complex data networking needs. More information can be found at www.gci.com.

About Comverse

Comverse is the world's leading provider of software and systems enabling value-added services for voice, messaging, mobile Internet and mobile advertising; converged billing and active customer management; and IP communications. 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, hosted and managed services, and can run on circuit-switched, IP, IMS or converged network environments. Comverse is a subsidiary of Comverse Technology, Inc. (Pink Sheets:CMVT).  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. Important factors that could affect the statements contained herein include: 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; and risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis. The company undertakes no commitment to update or revise forward-looking statements except as required by law.
CONTACT:  Comverse Technology, Inc.          Investor/Business Press:          Paul D. Baker          (212) 739-1060          paul.baker@cmvt.com          Comverse, Inc.          Industry Press:          Steve Eisenberg          (732) 652-4712          steve.eisenberg@comverse.com

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