Mirs Selects Comverse to Move Forward With Preparations to Launch New Network

Mirs Readies to Deploy Comverse ONE(R) Billing and Active Customer Management(TM) and All-IP VAS Solutions


WAKEFIELD, Mass., Nov. 1, 2011 (GLOBE NEWSWIRE) -- Comverse (Nasdaq:CMVT), a global leader in BSS, mobile Internet and value-added services, and veteran Israeli operator Mirs Communications today jointly announced that Mirs has selected the Comverse ONE® Billing and Active Customer Management™ solution, and Comverse VAS next-generation voice, text and multimedia solutions to optimize and leverage the capabilities of its new UMTS network.

The smart single-data-model BSS system, the first of its kind to be launched in Israel, will simplify work and business processes and upgrade the end-user experience through a broad variety of advanced and innovative services, with a complete and consistent view of users and full billing transparency.

Mirs Communications has been finalizing preparations in recent months for the launch of its new cellphone network after winning the auction for the frequencies from the Ministry of Communications. The deployment of the advanced Comverse ONE BSS solution to optimize and leverage the capabilities of the third-generation network (UMTS) is a key part of the transformation, making it the most advanced network in Israel.

The launch of the new advanced 3G network alongside the iDEN network currently serving hundreds of thousands of subscribers, with the support structure of Comverse ONE and Comverse VAS, is expected to significantly upgrade the customer experience, featuring a wide range of innovative services, administrative and business speed and flexibility, and attractive pricing plans.

The Comverse ONE solution will provide a powerful user experience focused on the customer. It will enable real-time billing, central management of a broad range of products and services, and more. It will streamline business processes across the entire organization, from customer relationship management (CRM) to the billing systems, and will improve every aspect of the customer lifecycle — from procurement, through order management, collection and sale according to customer preferences and needs.

In addition, Mirs chose Comverse all-IP-based next-generation VAS, offering users the latest capabilities and enhanced services in the Voice, SMS and multimedia/MMS realms.

Mirs CTO Avi Patir said, "To succeed in the UMTS world and simultaneously improve the customer experience in the iDEN world, we turned to Comverse, the world leader in BSS and value-added services, with a significant local presence. In addition to our longstanding connection and relationship with them, we determined that their products, services and advanced technology make Comverse the company with whom we want to advance into the world of UMTS."

Patir added, "I want to take this opportunity to thank all of the people in our company, and of course also in Comverse, who worked day and night on the definition of the system that will provide our users with new standards of service now and into the future."

"We chose Comverse, among other reasons, due to their client-centered approach, allowing us to more quickly achieve the objectives that we set for ourselves with the new network launch in early 2012," said Abrasha Burshtein, CEO of Mirs. "The new system is consistent with the Mirs policy to work with leading companies in the industry to enable our new and existing customers to enjoy the newest and most advanced cellular network."

"Comverse was selected after a comprehensive evaluation process taking into consideration project capabilities, TCO, innovation, and aggressive project time lines," said Roni Levy, Head of the BSS Business Unit at Comverse. "We embrace the challenge to be a fully supportive partner now and in the long term. From our extensive experience with Mirs, we know that as this award-winning and socially committed operator becomes a more versatile and dominant player in the Israeli market, its customers can look forward to uncompromising quality and unparalleled innovation."

About Mirs Telecommunications

Mirs was established in 1994 in order to provide advanced communication services. The Company was acquired during 2010 by the ALTICE Group, which specializes in operating companies in the telecommunication field across many countries in the world. Mirs employs more than 1,100 people and provides cellular services to customers across the country in the private, business, institutional, municipal and security-related sectors, including walkie-talkie services and a wide variety of added value services tailored to the managerial and operational needs of its customers. www.mirs.co.il

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, cloud, hosted and managed services. Comverse, ranked number 55 in PwC's Global 100 Software Leaders based on research by Pierre Audoin Consultants, is a subsidiary of Comverse Technology, Inc. (Nasdaq:CMVT). For more information, visit www.comverse.com.

The Comverse Technology logo is available at http://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, 2011 filed with the SEC on May 31, 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.



            

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