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Comverse Wins INTERNET TELEPHONY BSS/OSS Excellence Award(GlobeNewswire Via Acquire Media NewsEdge) WAKEFIELD, Mass., July 6, 2011 (GLOBE NEWSWIRE) -- Comverse, a global leader in BSS, mobile Internet, and value-added services, announced today that the Comverse® ONE™ Billing & Active Customer Management solution has been named the winner of a BSS/OSS Excellence Award by TMC, a global integrated media company, for the second year in a row. A product-based BSS solution that aligns and unifies real-time charging, policy, billing, ordering, customer management, sales and marketing around the same open architecture, the Comverse ONE Billing & Active Customer Management solution is recognized to be at the forefront of the industry with one data model, one product catalog, one security and operations approach, and open APIs. Supporting all aspects of convergence (network, service, payment) in a single system significantly reduces operational expenses and empowers Communication Service Providers (CSPs) to capitalize on new business opportunities with unparalleled agility and speed. "Comverse has demonstrated achievements in creating exceptional systems for supporting internal network operations and customer support solutions, and therefore was selected to receive this coveted BSS/OSS Excellence Award from the editors of INTERNET TELEPHONY. Comverse ONE has provided outstanding contributions in delivering winning solutions for its customers around the world," said Erik Linask, Editorial Director of INTERNET TELEPHONY. "I am pleased to recognize Comverse's achievement with an INTERNET TELEPHONY BSS/OSS Excellence Award again this year. As a repeat winner, they continue to distinguish themselves in the industry with a commitment to innovation that translates to profitable growth for their customers," stated Rich Tehrani, CEO, TMC. "Congratulations to the entire team at Comverse and I look forward to continued excellence." "It is an exceptional honor to be a repeat winner of this esteemed award recognizing companies whose business support systems and operations support systems have excelled in contributing to the success of their clients' businesses," said Roni Levy, Head of Comverse BSS. "Our goal is to always exceed expectations. The successful results for our customers are enhanced business and marketing agility and greater operational efficiency – together delivering a high and sustainable measured ROI." This year's BSS/OSS Excellence Award winners can be found at INTERNET TELEPHONY online at itmag.com or tmcnet.com. Click for more information about Comverse BSS. 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 About Comverse Comverse is the world's leading provider of software and systems enabling converged billing and active customer management, mobile Internet, and value-added 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, hosted and managed services. Comverse is a subsidiary of Comverse Technology, Inc. (Pink Sheets:CMVT). For more information, visit www.comverse.com. The Comverse Technology logo is available at //www.globenewswire.com/newsroom/prs/?pkgid=7454 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, 2010 filed with the SEC on January 25, 2011 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. [email protected] (212) 739-1060 Source: Comverse Technology 2011 GlobeNewswire, Inc. |