Comverse Introduces Real-time Billing Solutions 4.6; Includes Multiple

    Business Editors/High-Tech Writers

    NEW YORK--(BUSINESS WIRE)--Feb. 8, 2005--

    Solution Incorporates Real-time Billing Capabilities To Attract New Market Segments Such As Family Plans And Enterprise Packages

    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 the availability of Real-time Billing Solutions 4.6, which provides operators with the ability to offer personalized and flexible family and enterprise plan packages, by leveraging the capabilities of a real-time solution. The new solution also integrates Comverse's Multiple Identities(TM) software, a feature that enables a subscriber to separate their personal and business lives while maintaining a single number and a single handset.
    Comverse's Real-time Billing Solutions 4.6 provides subscribers with the power of personalization by tailoring a billing package that is appropriate for their type of use. The new Real-time Billing Solutions 4.6 offers carriers a simple, responsive and adaptable billing solution that manages risk in real-time and is designed to enhance overall carrier revenue generation.
    With the Multiple Identities solution, a subscriber is able to enjoy the benefits of multiple independent accounts with discrete service plans on a single handset.
    Howard Woolf, President of Comverse's Real-Time Billing Division, said, "While employers provide their staffs with modern handsets, many of them do not permit the use of data/content services. This restriction translates into lost revenue for the operators. By using Comverse's Multiple Identities solution, employees could switch to personal accounts with the press of a button, allowing them to use data and content services on their personal accounts. This capability enables companies to control the way employees use their phones, while allowing employees the freedom to use the enhanced services available on their handsets at their own expense. The solution also has other practical uses, such as enabling parents to manage their children's usage and communications expenditure."
    Real-time Billing Solutions 4.6 benefits enterprises by offering cost efficiency, risk and account management functionality and personalized accounts bundled with Virtual Private Network (VPN) services.
    Family plan users also benefit through the elimination of frustrations related to excessive use, by being able to take advantage of discount opportunities based on combined usage of the entire family, and by obtaining a single invoice for viewing the spending habits of all family members included in the billing plan. With Comverse's Real-time Billing Solutions 4.6, the group manager actively manages, defines and adjusts a set of shared balances.
    "For example, a parent can give one child a monthly allowance of 100 family talk minutes and 20 SMS messages. A corporation may give their employees a set allowance of anytime minutes, but unlimited calling to others within the company. In either case, usage of the group is tracked in real-time and incentives can be sent to the family or corporation when they near an award threshold," continued Woolf.
    "In selecting a solutions provider, we were searching for a flexible system that would meet our extensive billing needs," said Jean-Claude Bintz, Co-CEO and Director of VOXmobile, a 3G operator in Luxembourg. "Comverse provided us with the flexibility to custom tailor a real-time billing solution, as opposed to our having to select a pre-fabricated system that required expensive customization."
    "Comverse has risen to the challenge and created a billing solution that can bring real-time control to group plans," said Pascal Koster, Co-CEO and Director at VOXmobile. "The company's consistent approach to billing and overall experience in the market allowed us to create efficient family plans and enterprise accounts that are unlike that of any other carrier."
    "Comverse's Real-time Billing Solutions 4.6 uniquely empowers the end user by offering enhanced control and real-time information updates on personal and group account spending," said Paul Hughes, Director, Billing and Payment Application Strategies at market research firm Yankee Group. "The account owner can thus manage all accounts in real-time with no surprises. Carriers can now tap a growing legion of families and enterprise users who have an increased need to manage wireless spending. Comverse's Real-time Billing Solutions 4.6 brings the end-users' optimization of usage within a group to a whole new level."

    About Comverse Real-time Billing

    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 all 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" that attracts subscribers.

    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 (NASDAQ: VRNT), a leading provider of analytic software-based solutions for communications interception, networked video security and business intelligence; and Ulticom (NASDAQ: ULCM), 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 statements in order to reflect events or circumstances after the date any such statement is made.

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

KEYWORD: MASSACHUSETTS NEW YORK INDUSTRY KEYWORD: HARDWARE ADVERTISING/MARKETING SOFTWARE PRODUCT SOURCE: Comverse Technology, Inc.

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