Comverse Wins Internet Telephony BSS/OSS Excellence Award

WAKEFIELD, Mass., Jan. 14, 2013 (GLOBE NEWSWIRE) -- Comverse ® (Nasdaq:CNSI), the global leader in business enablement through BSS, mobile Internet, value-added and managed services today announced that the Comverse ONE ® Billing & Active Customer Management solution has been honored with the BSS/OSS Excellence Award for an unprecedented fourth year in a row.

Bringing Real-Time Charging to Postpaid Environments

Global integrated media company TMC honored Comverse ONE with this distinction for its notable advancements in seamlessly bringing real-time charging into postpaid environments through the introduction of the Comverse ONE Online & Converged Charging deployment mode.

The addition of online charging enables postpaid systems to better monetize data services, improving the experience of users through timely notifications, real-time balance & spending management and more. Comverse ONE's productized integration with the Comverse Kenan BSS solution offers a speedy, phased path to convergence that protects and leverages existing investment, preventing the need for expensive IT transformation projects. Third party BSS integrations are also possible.

Spanning policy to billing with a telco-specific approach to CRM, Comverse ONE fuels business transformations and entry into new lines of business, delivering a consistently superior customer experience.

Consistent Excellence

"Comverse continues to demonstrate outstanding achievements in creating exceptional systems for supporting internal network operations and customer support solutions, and therefore was selected by the editors of INTERNET TELEPHONY to receive this coveted BSS/OSS Excellence Award for a fourth consecutive year," said Erik Linask, Editorial Director of INTERNET TELEPHONY. "The Comverse ONE Online & Convergent Charging product has provided outstanding contributions in delivering a phased approach to convergence for their current Kenan installed base and other postpaid systems around the world."

"In recognition of the innovation displayed in the marketplace, we are pleased to present Comverse again this year with an INTERNET TELEPHONY BSS/OSS Excellence Award. Our only four-time consecutive winner, they constantly distinguish themselves in the industry with a commitment to quality and innovation," stated Rich Tehrani, CEO, TMC. "Comverse ONE has again proven that it delivers valuable solutions for its customers."

"Being honored with this coveted industry award for the fourth consecutive year accentuates not only the qualitative distinction of our solution in the industry; but equally important, the consistency of our leadership," commented Gani Nayak, Senior Vice President, Systems & Solutions at Comverse.

"We maintain excellence over the long term by continually innovating and improving our portfolio to ensure that our customers enjoy ever-increasing performance and value," Nayak added. "Bringing real-time charging into postpaid environments is one of the ways we enable service providers to monetize emerging new services and opportunities."

The INTERNET TELEPHONY BSS/OSS Excellence Award winners are published in the recent issue of INTERNET TELEPHONY magazine, www.itmag.com.

Click for more information about Comverse ONE Online and Converged Charging.

About INTERNET TELEPHONY Magazine

INTERNET TELEPHONY has been the IP Communications Authority since 1998™. Beginning with the first issue in February of 1998, INTERNET TELEPHONY magazine has been providing unbiased views of the complicated converged communications space. INTERNET TELEPHONY offers rich content from solutions-focused editorial content to reviews on products and services from TMC Labs. INTERNET TELEPHONY magazine reaches more than 225,000 readers, including pass-along readers. For more information, please visit www.itmag.com, subscribe or follow on Twitter.

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 is ranked number 55 in PwC's Global 100 Software Leaders based on research by Pierre Audoin Consultants. For more information, visit www.comverse.com.

The Comverse, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=15512

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 Registration Statement on Form 10 filed with the SEC on October 10, 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, Inc.         paul.baker@comverse.com         (212) 739-1060

Comverse, Inc. Logo

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