Q-TELECOM of Greece Selects Comverse Converged Real-Time Billing, MMSC

    High-Tech Editors
    3GSM World Congress 2005

    CANNES, France,--(BUSINESS WIRE)--Feb. 16, 2005--Comverse, a unit of Comverse Technology, Inc. (NASDAQ: CMVT), and the world's leading supplier of software and systems enabling network-based multimedia enhanced communication services, today announced that Greek mobile operator Q-TELECOM has selected Comverse's Converged Real-Time Billing Solutions along with its Multimedia Messaging Service Center (MMSC) and Mobile Data Gateway (MDG) to enable service delivery and real-time billing capabilities for voice and data services, including Multimedia Messaging and SMS text messaging. Q-TELECOM can now offer its full portfolio of services to both pre- and post-paid subscribers, enabling a potential reduction in revenue leakage and operational expenses.
    With Comverse's Converged Real-Time Billing Solutions, Q-TELECOM benefits from a single billing platform for all of its subscribers -- mobile prepaid and post-paid, as well as fixed customers. This state-of-the-art system supports the latest standards-based technologies, such as CAMEL II, supporting Q-TELECOM's service strategy with a wide variety of flexible and cost-effective billing and promotional schemes.
    Using Comverse's real-time expertise, Q-TELECOM can take advantage of advanced promotional and tracking tools to help increase service uptake. They will be able to offer their customers features including hybrid pre- and post-paid rate plans, up-to-date statements of account usage, and personalized incentive offers.
    In addition, with Comverse's MMSC implementation fully integrated with real-time billing, Q-TELECOM will be able to ensure full access to MMS services by prepaid users. With the Comverse WAP 2.0 Mobile Data Gateway (MDG), the user experience is enhanced by adapting Web content in real-time to the mobile environment.
    "This integrated Converged Billing, MMS and MDG deployment furthers our primary goal of supplying our customers with quality services that are highly functional and fun to use," said George Kontopoulos, CTO of Q-TELECOM. "Changing a billing system is a huge responsibility and undertaking. We chose Comverse based upon our experience with their product and services. Comverse came out on top because they have the technical and feature superiority we required and offered us a significant reduction in operating costs by replacing separate systems with a single billing solution."
    "It is exciting working with another dynamic operator implementing a range of Comverse solutions," said Giuseppe Elli, President of Comverse Europe Division. "By adding Comverse's Converged Billing Solution, MMSC, and WAP Gateway to its existing Comverse SMSC, and Voicemail services, Q-TELECOM is well on the way to providing its subscribers with a Total Communication(TM) experience -- allowing all subscribers to easily adopt and enjoy a full range of mobile services."

    About Comverse Real-Time Billing Solutions

    The Comverse portfolio of Real-Time Billing Solutions, including Prepaid, Converged, Electronic Recharging and Mobile-Payments, enables the rapid delivery of personalized voice and data services to both prepaid and post-paid subscribers.
    Comverse Real-Time Billing Solutions are providing real-time authorization, rating and charging to network operators in more than 50 countries using an open architecture that supports every major signaling standard, including CAMEL II, CAMEL III, IS-826, and OSA/Parlay. It operates with all major networks, including TDMA, CDMA, GSM, and 3G.
    A pioneer in converged billing, Comverse combines pre- and post-paid voice and data rating and charging into a single real-time process to reduce financial risk, and minimize operating costs. Comverse provides the ability to quickly launch promotions based on real-time information enabling "one-to-one marketing." By using Comverse's portfolio of Real-Time Billing Solutions, operators can now offer personalized incentives and dynamic promotions based on the actual usage of the subscriber or group. These innovative marketing tools attract subscribers, stimulate usage and create customer intimacy that encourages loyalty.

    About the Comverse MMSC Portfolio

    Comverse's Multimedia Messaging Service Center (MMSC) is fully compliant with industry standards for Person-to-Person (P2P) as well as Application-to-Person (A2P) messaging of rich multimedia content. Built on the eXtensible Messaging Framework (XMF) architecture and part of the Comverse InSight(TM) environment, the Comverse MMSC delivers advanced features and functionality on an open, flexibly configurable and easy-to-deploy platform. Comverse MMSC's rules-based content adaptation capabilities provide broad MMS handset and legacy device support, terminal interoperability and a superior user experience. Successfully deployed commercially throughout the world, Comverse MMSC is the choice of more and more service providers.
    Comverse MMS Mailbox provides a Web interface to receive and send MMS messages, message storage beyond the limitations of handset memory, and a content-rich multimedia album of images to be used when composing messages.
    Comverse MMS A2P Expeditor(TM) is an efficient, high-capacity solution for Application-to-Person messaging, deployable as a standalone system or side-by-side to a lower-capacity legacy / third-party MMSC, and upgradeable to Comverse MMSC.
    Comverse MMS Exchange is a central hub enabling multiple network operators to interconnect their MMS services in a simple and flexible manner, ensuring easy implementation of interoperability agreements, and supporting all standard and non-standard implementations of MMS, CDMA to GSM connectivity and MMS to i-mode interoperability.

    About the Comverse MDG Portfolio:

    Comverse Mobile Data Gateway (MDG) is a Telco-grade network-based mobile Internet platform that enables wireless network operators to offer wireless data services, ensuring high-availability, scalability, security and geographical distribution, while enhancing and optimizing user experience.
    Comverse MDG service a variety of terminals such as wireless handsets, PDAs, and laptop computers on different bearers such as GSM, CDMA, GPRS, 1xRTT, CDMA200, and UMTS. MDG supports both WAP 2.0 and HTTP based services, providing the environment and value-added services for browsing, multimedia messaging services, and notifications.
    MDG creates a central point of control for the entire set of services and allows the operator to optimize and control data delivery, while improving service quality and user experience, while shortening time to market for new services.

    About Q-Telecom

    Q-TELECOM, a division of Info-Quest, is the first Greek private integrated operator that aims to provide combined services of mobile/fixed telephony and Internet.
    Focusing its commercial activities in the large urban centers, Q-TELECOM has developed a second-generation mobile telephony network, with the installation of base stations as well as a broadband fixed wireless access network, point-to-multipoint, operating at 3.5 GHz range. Simultaneously, it has developed a national network with the use of leased lines and privately owned transmission systems. Also, Q-TELECOM is directly inter-connected with OTE and the three other mobile operators and has a national roaming agreement with VODAFONE. Thus, it has been offering since its commercial launch high quality voice transmission, high transfer rate of call switching and pan-Hellenic coverage.
    Q-TELECOM provides a wide rage of integrated telecommunication solutions and services for businesses and home users. Q-TELECOM is a pioneer in the Greek market by offering, from the beginning of its launch, combined services of mobile telephony with the prefix 699 (prepaid and postpaid), SMS and fixed telephony via the Carrier Selection Code 1765. Q-TELECOM differentiates itself by providing customized services, per second billing from the first second of the call, elimination of set-up fees, mobile number selection, preferential rates with Q-Family, the lowest tariff for SMS from the first SMS, added value services, etc.

    About Comverse

    Comverse, a unit of Comverse Technology, Inc. (NASDAQ: CMVT), is the world's leading provider of software and systems enabling network-based multimedia enhanced communication services. These value-added enhanced services solutions, along with the company's real-time billing solutions, comprise the company's Total Communication(TM) portfolio. Comverse's Total Communication portfolio addresses four primary categories: call completion and call management solutions; advanced messaging for groups, communities and person-to-person communication; solutions and enablers for the management and delivery of data and content-based services; and real-time billing and account management solutions for dynamic service environments. Other Comverse Technology business units include: Verint Systems, a leading provider of analytic software-based solutions for communications interception, networked video security and business intelligence; and Ulticom, a leading provider of service enabling signaling software for wireline, wireless and Internet communications. Comverse Technology is an S&P 500 and NASDAQ-100 Index company. For additional information, visit the Comverse Web site at www.comverse.com or Comverse Technology's Web site at www.cmvt.com.

    All product and company names mentioned herein may be registered trademarks or trademarks of Comverse or the respective referenced company(s).

    Note: This release may contain "forward-looking statements" under the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: 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. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of the Company with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. These documents are available through the Company, or its website, www.cmvt.com, or through the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov. The Company makes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made.

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CONTACT: Investor/Business Press: Paul D. Baker Comverse Technology, Inc. (516) 677-7226 or Industry Press: Penny Blaisdell Comverse (781) 224-8612

KEYWORD: MASSACHUSETTS NEW YORK FRANCE GREECE INTERNATIONAL EUROPE TRACK INDUSTRY KEYWORD: HARDWARE TELECOMMUNICATIONS SOFTWARE TRADESHOW PRODUCT SOURCE: Comverse

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