Strategic Evolving Communications Provider Successfully Modernizes BSS Environment with Solution's Future-Proof Power and Agility

Key Takeaways:

• Leading Swiss telecommunications provider Sunrise has successfully deployed the latest version of the Comverse Kenan platform with the FX solution
• Sunrise selected Kenan to support its aggressive future expansion, leveraging the power and flexibility of the platform's latest advancements and future roadmap
• Benefits include an enhanced, modernized and future-proofed BSS environment, with improved functionality regarding discounting and rating

WAKEFIELD, Mass., Feb. 23, 2015 (GLOBE NEWSWIRE) -- Comverse (Nasdaq:CNSI), a global leader in cloud-based and in-network services enablement and monetization management software solutions for communication service providers and growing enterprises, today announced that Sunrise, the second largest integrated telecommunications provider in Switzerland, has successfully deployed a new version of the Comverse Kenan platform.

"Sunrise has an ongoing commitment to quality across all aspects of our business. In addition to offering our customers the best quality of services, we want to provide the most accurate bills," said Elmar Grasser, COO at Sunrise. "We made the strategic decision to continue our trust in Comverse Kenan as the platform best able to provide us with the modern technical architecture and additional functionality we need to support our commercial strategy. Comverse's vast experience and superb performance in supporting the implementation of our evolution and growth plans allowed us to deploy the upgrade and achieve maximized results in the fastest time possible."

The Comverse Kenan revenue and customer management platform helps CSPs and enterprises grow their business by enabling them to offer any combination of communications services, media content, data services and new lines of business with customer care, order fulfillment and postpaid billing, providing a future-proof competitive edge in today's evolving market.

The recently announced Kenan Monetization Realization platform can be deployed as a stand-alone, end-to-end billing solution or as part of a broader virtualized BSS ecosystem, both on-premise or cloud-based.

"Comverse Kenan provides us with an enhanced, modernized and future-proofed BSS environment that offers us immediate benefits and will continue to add value as we grow and evolve," said Detlef Steinmetz, CIO at Sunrise. "The improved discounting and rating functionality is particularly impressive from which we expect to improve our financial results."

"There's no greater compliment and proof-point to the power and flexibility of Comverse Kenan than having a long-time service provider customer like Sunrise continue to select our platform as its choice to support their evolution and growth plans," said Raman Abrol, SVP and Managing Director of Enterprise & Cloud BSS at Comverse. "We're honored that Sunrise continues to put its trust in Kenan to help ensure a modern and flexible BSS environment that meets its needs, today and into the future."

Learn more about Comverse Kenan at http://www.comverse.com/comverse-products/enterprise-monetization-solutions/

About Sunrise

Sunrise is listed on the SIX Exchange in Zurich and is the second largest integrated telecommunications provider in Switzerland and the leading non-incumbent operator in both the mobile and landline retail voice markets. Sunrise offers a broad range of services, including mobile voice and data, landline voice & other (retail voice, business services and wholesale voice) and landline internet & IPTV, to both residential and business customers as well as to other operators. With its recent innovations, Sunrise is pursuing its commitment to deliver a best-in-class convergent experience. With offices all over Switzerland and his Headquartered in Zurich, Sunrise had a total of 1,958 employees as of September 30, 2014.

About Comverse

Comverse provides true carrier-grade cloud-based and in-network monetization and revenue management software solutions that help global carriers and growing enterprises profitably enable the way people obtain and share digital experiences, today and tomorrow. We support digital lifestyles through a suite of proven and flexible solutions that includes managed BSS and Policy (PCRF), Enterprise and Cloud BSS, and Digital Services, all guided by an experienced Managed Services offering, that ensure our customers gain competitive advantage. Comverse's customer base spans more than 125 countries with solutions successfully delivered to over 450 communication service providers and enterprises serving more than two billion subscribers. For more information, visit www.comverse.com.

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 filed with the SEC on April 16, 2014 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.