26.03.2008 11:00:00

Comverse to Bring the Total Communication(SM) Showcase to CTIA: Creating Value for Operators

Comverse, the world's leading supplier of software and systems enabling network-based multimedia enhanced communication and billing services, today announced that that it will be exhibiting at CTIA Wireless, April 1–3 in Las Vegas, Nevada, USA. At the show, Comverse will highlight its Total Communication portfolio that creates value for operators including accelerated time to revenue with robust billing, additional revenue streams by enabling fixed-mobile convergence, alternative business models with comprehensive mobile advertising platforms, and increased service usage with visually-based messaging and real-time communication services. Comverse will be located at Booth #1644, Hall C4. "Comverse returns to CTIA this year with a diverse and far-reaching value proposition for operators of every size, and serving every market segment,” said James Colby, Vice President of Comverse Americas. "Comverse will present the Total Communication portfolio, reflecting the company’s perspective on a world where people communicate in a simple and reliable manner, enjoying a rich and personalized experience, while the underlying enabling technologies remain transparent to the user.” Some highlights of the Comverse Total Communication showcase demonstrations include: Visual Voicemail – As the global leader in visual voicemail deployments, Comverse brings to market the convenience of receiving voicemails via a visual interface. Now users can select the messages they want to hear, in the order they want, on whatever device is most convenient. With visual voicemail, users now have message access from virtually any device or terminal by means of handset clients, 3G, MMS, Web and Email. Mobile Advertising Solutions – Comverse introduces a non-invasive approach to offering advertising on many different channels of access – all on an opt-in basis – embedded in messaging products, ringback tones, mobile avatars, and a variety of other injection mechanisms. Mobile Advertising is gaining market traction as it creates new revenue streams for operators. Multi-Play Convergence – Fixed-mobile convergence opens up new revenue streams when operators can provide real-time communication (both voice and video) and messaging services across users’ PCs, TVs, home phones and mobile devices with a unified customer interface and address book. Subscribers enjoy intuitive voice communications, text messaging, MMS, and visual voicemail – all with a single number and a presence-enabled shared contact list. Converged Billing – A comprehensive pre-integrated single platform with benefits to both operator and end-user, including multiple identities for personal and business accounts, and a family account hierarchy of prepaid and postpaid plans on one billing plan. Mark Pendergast, Comverse Director of Product Marketing, will also be speaking during the show on "Addressing Usability in the Wake of the iPhone” on Tuesday, April 1st at 1:00 pm in Room North 101. To schedule an appointment with a Comverse representative or to receive more information, please contact CTIA2008@comverse.com. About Comverse Comverse is the world’s leading provider of software and systems enabling network-based messaging and content value-added services, prepaid, postpaid and converged billing and IP communications. Comverse solutions generate revenues, strengthen customer loyalty and improve operational efficiency for over 500 communication service providers in more than 130 countries. The company's Total CommunicationSM portfolio facilitates personalized lifestyles in an evolving connected world and is based on the InSight™ Open Services Environment. Comverse’s solutions support flexible deployment models, including in-network, hosted and managed services, and can run on circuit-switched, VoIP, IMS and converged network environments. Comverse is a subsidiary of Comverse Technology, Inc. (CMVT.PK). For more information, visit www.comverse.com. All product and company names mentioned herein may be registered trademarks or trademarks of Comverse or the respective referenced company(s). This release contains "forward-looking statements” under the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances 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 results of the investigation of the Special Committee, appointed by the Board of Directors on March 14, 2006, of matters relating to the company’s stock option grant practices and other accounting matters, including errors in revenue recognition, errors in the recording of deferred tax accounts, expense misclassification, the possible misuse of accounting reserves and the understatement of backlog; the impact of any restatement of financial statements of the company or other actions that may be taken or required as a result of such investigation or as result of the company’s VSOE evaluation; the company’s inability to file reports with the Securities and Exchange Commission; the effects of the delisting of the company’s Common Stock from Nasdaq and the quotation of the company’s Common Stock in the "Pink Sheets,” including any adverse effects relating to the trading of the stock due to, among other things, the absence of market makers; risks relating to the company’s ability to relist its Common Stock on NASDAQ; risks relating to alleged defaults under the company’s ZYPS indentures, including acceleration of repayment; risks of litigation (including the pending securities class action and derivative lawsuits and any potential civil injunctive action by the Securities and Exchange Commission) and of governmental investigations or proceedings arising out of or related to the company’s stock option practices or any other accounting irregularities or any restatement of the financial statements of the company, including the direct and indirect costs of such investigations and restatement; risks related to Verint Systems Inc’s. merger with Witness Systems, Inc., including risks associated with integrating the businesses and employees of Witness; risks associated with integrating the businesses and employees of the Global Software Services division acquired from CSG Systems International, Netcentrex S.A. and Netonomy, Inc.; 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; the risk of declines in information technology spending; 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. The company undertakes no commitment to update or revise forward-looking statements except as required by law.

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