Russia's Osnova Telecom Selects Amdocs Compact Convergence for LTE Launch

ST. LOUIS, Sept. 18, 2013 /PRNewswire/ -- Amdocs (NYSE: DOX), the leading provider of customer experience systems and services, today announced that Osnova Telecom, a national operator in Russia, has selected Amdocs Compact Convergence, under a managed services model, to support the commercial launch of its LTE network.

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"Due to the dynamic nature of the telecommunications business, we need to be able to launch new lines of business and technologies and offer our LTE subscribers innovative and flexible pricing plans, with a quick time to market," said Mikhail Petrov, CEO of Osnova Telecom. "Amdocs' proven solution and operational methodologies will provide an integrated solution that will enable us to quickly launch and deliver services, while maintaining a low-cost, profitable structure."

"With convergent real-time charging, customer care, service delivery, and support for value-added-services and Next-Gen IN (Intelligent Networks), Amdocs Compact Convergence supplies everything that Osnova Telecom needs to support the launch of its LTE network," said Rebecca Prudhomme, vice president for product and solutions marketing at Amdocs. "With Amdocs taking full responsibility for the system's day-to-day operations, maintenance and future development, Osnova will be able to focus on its customers and new marketing initiatives to drive business growth."

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About Amdocs

For more than 30 years, Amdocs has ensured service providers' success and embraced their biggest challenges. To win in the connected world, service providers rely on Amdocs to simplify the customer experience, harness the data explosion, stay ahead with new services and improve operational efficiency. The global company uniquely combines a market-leading BSS, OSS and network control product portfolio with value-driven professional services and managed services operations. With revenue of $3.2 billion in fiscal 2012, Amdocs and its 20,000 employees serve customers in more than 60 countries.

Amdocs: Embrace Challenge, Experience Success.

For more information, visit Amdocs at www.amdocs.com

About Osnova Telecom

Osnova Telecom is the greenfield telecom operator developing its own 4G LTE network across all Russia. The company will start providing mobile broadband access in a number of regions in 2013. Shareholders of the company are JSC Icominvest and OJSC Voentelecom.

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, 2012 filed on December 11, 2012and our quarterly 6-K  forms furnished on February 12, May 16 and August 12, 2013.

SOURCE Amdocs