Comverse ONE New Release Boosts Service Provider Agility to Monetize the Expanding World of Connected Possibilities

Accelerates Service Provider Entry Into New Revenue Arenas: Machine-to-Machine, Cloud Computing, More


WAKEFIELD, Mass., Feb. 23, 2012 (GLOBE NEWSWIRE) -- Service providers will find powerful new tools to supplement traditional revenue streams in the newest release of the Comverse ONE® Billing and Active Customer Management solution. Enhancements support advanced monetization of new business models while maximizing personalization through telco-specific CRM and real-time capabilities.

"As traditional industries become more connected, service providers can gain access to an extended addressable market rich with business opportunities," said Roni Levy, Senior Vice President, Head of BSS for Comverse (Nasdaq:CMVT), a global leader in BSS, mobile Internet, and value added services. "To effectively address the myriad of opportunities, BSS ecosystems must be able to support a multi-dimensional approach to policy, personalization to the event level, and flexible real-time rating and charging – even for traditional postpaid environments."

New enhancements in this release help accelerate service provider revenue-realization in the connected world by providing:    

  • Advanced Monetization of New Business Models: Comverse ONE addresses the monetization and customer-management needs of new business models such as machine-to-machine and cloud-based services by supporting a variety of billable units, transaction aggregation, bulk operations for multiple devices, flexible bundling and virtualization to ensure cloud-readiness with carrier-grade scalability to handle large volumes
  • New Ways to Inject Real-Time Capabilities into Traditional Business Models: Real-time capabilities for video-on-demand, marketing and other content services for postpaid, wireline, PayTV and mobile environments
  • Improved Real-Time Customer Experience for the Connected World: Unified telco-specific CRM for multi-channel marketing automation and consistency; includes real-time marketing with enhanced promotional capabilities and micro-segmentation

"Our goal is nothing short of helping redefine the role of traditional telecom service providers to better fit the expanding world of connected opportunities," said Levy, "The enhancements we have introduced to Comverse ONE promote this goal by facilitating entry into and monetization of new markets." 

Continuing to gain market traction, the Comverse ONE BSS solution has won six new operator contracts in the last eight months.

Learn more about how Comverse ONE increases your agility and efficiency to monetize data and capture new opportunities with a complete real-time view of the customer and unified telco-specific approach to CRM. 

To schedule a meeting with Comverse at Mobile World Congress in Barcelona (February 27- March 1, 2012 – Hall 8, Booth# B83), contact yael.rohar@comverse.com.

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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