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26.06.2007 11:00:00

Comverse Marks Anniversary of Messaging Gateway Launch

Comverse, a subsidiary of Comverse Technology, Inc. and the world's leading supplier of software and systems enabling network-based multimedia enhanced communication and billing services, today announced that it is marking the first anniversary of the launch of Comverse Messaging Gateway by showcasing this solution at the Comverse User Forum this week in Lake Como, Italy. The Messaging Gateway expedites communication and content service providers’ launch of promotional campaigns and enables rapid connectivity for third-party content services, thereby driving user consumption of content and services. Comverse Messaging Gateway’s industry-leading platform is garnering strong endorsements from operators around the world for its efficient, central Value-Added Services connection to multiple channels, which eliminates the need to connect separately to each internal messaging system and to other supporting systems. Together with its Campaign Manager and Content Services Manager add-on modules, it benefits the operator with increased versatility, reduced VAS integration time and costs, and greater information and control over elements such as billing, customer care, monitoring, reporting and analysis. "With the growing role of content and application-generated revenues, an operator who can quickly design, launch, and manage MMS and SMS content, applications and campaigns is well-positioned to enjoy greater content and messaging ARPU,” said Benny Einhorn, Comverse Chief Marketing Officer. "Equally important is the ability to streamline connection and management of Value-Added Service Parties (VASPs). Comverse Messaging Gateway draws from our extensive experience in content, messaging and billing to make it easy for operators to react quickly to market opportunities and deploy a large and dynamic variety of popular services as well as capitalize on the growing trends of User Generated Content, Social Networking, Citizen Journalism and Voting. This provides a valuable revenue path and a clear competitive advantage.” Comverse Messaging Gateway provides a single entrance point to the network for all messaging services from content and application providers, especially SMS and MMS. Bi-directional messaging traffic, in and out of the network, from a single control point enables efficient and cost-effective management of all external messaging content and applications. This robust telco-grade platform makes it easy to integrate new content providers and to manage their traffic using key features such as QoS management, throttling, queuing, prioritization, and shaping. The goal is to maximize VAS platform utilization and protect the network against abuse. About Comverse Comverse is the world’s leading provider of software and systems enabling network-based messaging and content value-added services, converged billing and IP communications. Comverse solutions generate revenues, strengthen customer loyalty and improve operational efficiency for over 500 communication service providers in more than 130 countries. The company's Total CommunicationSM portfolio facilitates personalized lifestyles in an evolving connected world and is based on the holistic InSight™ Open Services Environment. Comverse’s solutions support flexible deployment models, including in-network, hosted and managed services, and can run on circuit-switched, VoIP, IMS and converged network environments. Comverse is a subsidiary of Comverse Technology, Inc. (CMVT.PK). 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, and actual results could differ materially from forecasts and estimates. Important factors that could affect the company include: the results of the investigation of the Special Committee, appointed by the Board of Directors on March 14, 2006, of matters relating to the company’s stock option grant practices and other accounting matters, including errors in revenue recognition, errors in the recording of deferred tax accounts, expense misclassification, the possible misuse of accounting reserves and the understatement of backlog; the impact of any restatement of financial statements of the company or other actions that may be taken or required as a result of such reviews; the company’s inability to file reports with the Securities and Exchange Commission; the effects of the delisting of the company’s Common Stock from Nasdaq and the quotation of the company’s Common Stock in the "Pink Sheets,” including any adverse effects relating to the trading of the stock due to, among other things, the absence of market makers; risks relating to alleged defaults under the company’s ZYPS indentures, including acceleration of repayment; risks of litigation (including pending securities class actions and derivative lawsuits) and of governmental investigations or proceedings arising out of or related to the company’s stock option practices or any other accounting irregularities or any restatement of the financial statements of the company, including the direct and indirect costs of such investigations and restatement; risks related to the effects of Verint Systems Inc’s. merger with Witness Systems, Inc., including risks associated with integrating the businesses and employees of Witness; risks associated with integrating the businesses and employees of the Global Software Services division acquired from CSG Systems International, Netcentrex S.A. and Netonomy, Inc.; 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; risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis; aggressive competition may force the company to reduce prices; a failure to compensate any decrease in the sale of the company’s traditional products with a corresponding increase in sales of new products; risks associated with changes in the competitive or regulatory environment in which the company operates; risks associated with prosecuting or defending allegations or claims of infringement of intellectual property rights; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with the company’s ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission.

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