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Hutchison Telecom Lanka Selects Comverse Policy Studio to Advance Mobile Broadband OpportunitiesWAKEFIELD, Mass., Feb 26, 2013 (GLOBE NEWSWIRE via COMTEX) -- Comverse (Nasdaq:CNSI) today announced that Hutchison Telecom Lanka has selected the Comverse Mobile Internet Data Management and Monetization(TM) (DMM) solution with the DMM Policy Studio(TM) to upgrade its mobile broadband capabilities in light of the region's growing data traffic. "With rapidly growing data traffic elevating mobile broadband to an increasingly central role in Sri Lankan telecommunications, our mission is to deliver the best user experience possible - dynamic, responsive and personalized," said Mr. Thirukumar Nadarasa, CEO at Hutchison Telecom Lanka. "The marketing-friendly policy creation environment of the DMM Policy Studio is a game changer for us - a key tool we sought to enable us to be first to market with creative, cost-effective data service innovations." Introduced last year, Comverse DMM Policy Studio has gained market momentum. Its unique capabilities allow for the fast and simple creation of new data services and plans, and have led it to be selected for deployment by a number of service providers around the world, and it has been honored with distinction as an esteemedindustry award winner. "With the highest independently confirmed performance and scalability stats, the Comverse Data Management and Monetization solution with the Policy Studio is the right choice for leading operators like Hutchison Telecom Lanka to gain the agility needed to handle and monetize the massive data traffic growth anticipated now and in the future with LTE and M2M scenarios," said Jacques-Herve Maupin, Senior Vice President, Managing Director, Asia Pacific, of Comverse, the global leader in telecom business enablement through service innovation and smart monetization provided by a rich portfolio of BSS, Mobile Internet, Value Added Services, IP Communications and Professional Services. "Strengthening our partnership with Hutch, a longstanding user of products in the Comverse portfolio, including BSS and messaging, bears testimony to the value of our customer-centric approach, consistently meeting Hutch expectations and delivering service that ensures and expands customer success," Maupin added. Learn more about Expanding Your Connected Horizons. Contact us for information about Comverse's presentations, demos, special cocktail event and more at Mobile World Congress 2013 February 25-28 - and to schedule a meeting with us there. About Hutchison Telecom Lanka Hutchison Telecommunications Lanka (Private) Limited ("Hutchison Telecom Lanka") provides mobile telephony service under the "Hutch" brand. Its service covers all major population centers and most parts of the country. The Company is constantly expanding its network to reach the entire country. Hutchison Telecom Lanka provides affordable and accessible mobile telephony plus useful value added services. For more information about Hutchison Telecom Lanka, see www.hutch.lk. A subsidiary of Hutchison Whampoa Group ("HWL"), Hutchison Telecom Lanka is a member of Hutchison Asia Telecom International, which comprises mobile telecommunications operations in the emerging markets of Indonesia, Vietnam & Sri Lanka. Hutchison Asia Telecom is a key part of HWL's telecommunications division, which includes the 3 Group, comprising 3G operations in Australia, Austria, Denmark, Hong Kong, Ireland, Italy, Macau, Sweden and the UK. For more information about HWL, visit www.hutchison-whampoa.com. About Comverse Comverse is the world's leading provider of telecom business enablement solutions that support service innovation and smart monetization through a rich portfolio of BSS, Mobile Internet, Value Added Services, IP Communications and Professional 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 are available in a variety of delivery models, including on-site, cloud, hosted and managed services. Comverse is ranked number 55 in PwC's Global 100 Software Leaders list. For more information, visit www.comverse.com The Comverse Inc. logo is available at //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 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. [email protected] (212) 739-1060 http://media.globenewswire.com/cache/19181/small/14174.jpg (Logo: http://media.primezone.com/cache/19181/int/14174.jpg) //www.globenewswire.com/newsroom/ti nf=MTMjMTAwMjMxMTcjMTkxODE= |
