"In today's world of digital immediacy, where service providers like Globe are introducing new digital services at lightning speed to meet rapidly evolving customer expectations, chief executive officers are recognizing the urgent need for tools and expertise that can protect their revenue from new and unknown leakage risks," said Eric Updyke, group president, Systems Integration and Operations at Amdocs. "By combining market-leading technology with a rich set of services, Amdocs Revenue Guard helps our customers close the loop between detecting revenue leakage risks and managing them."Earlier this month at the TM Forum's Innovation InFocus event in Dallas Texas, Amdocs took part in TM Forum's " Smart Life: My Home, My City, My Planet" Catalyst project with its Revenue Guard service. This future-looking, multi-vendor Catalyst proof-of-concept created an Internet of Things (IoT) platform that can deliver automated services, such as connected home and car services, as prescribed by the user. Amdocs, a leading contributor to the work of the TM Forum Revenue Assurance group from its inception via cVidya, provided the much-needed revenue assurance and cyber-fraud protection layer for this Catalyst. Supporting Resources
Amdocs and its 25,000 employees serve customers in over 90 countries. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $3.7 billion in fiscal 2016.Amdocs: Embrace Challenge, Experience Success. For more information, visit Amdocs at www.amdocs.com. Amdocs' Forward-Looking Statement This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs' ability to grow in the business markets that it serves, Amdocs' ability to successfully integrate acquired businesses, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future; however, the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2015 filed on December 10, 2015 and our quarterly 6-K form furnished on February 16,May 17 and August 8 2016.
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