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30.07.2007 12:00:00

Telkomsel Selects Comverse Fun Dial(TM) for Ringback Tone Content Services in Indonesia

Comverse, a subsidiary of Comverse Technology, Inc. and the world's leading supplier of software and systems enabling network-based multimedia enhanced communication and billing services, today announced that Telkomsel, Indonesia’s largest operator with more than 42 million customers, is replacing its current system with Comverse Fun Dial™ for personalized ringback tones and content management. With this selection by Telkomsel, Fun Dial achieves a key milestone: 50 operators around the world have now chosen Comverse Fun Dial as their ringback tone vendor, helping them to realize their marketing strategies by maximizing the content experience and extending it in new and creative directions. "In order to meet the needs and tastes of our rapidly growing and increasingly sophisticated subscriber base, we need to increase the capacity as well as enhance the performance and capabilities of our ringback tone content services,” said Loo Boon Chee, VP Product & Mobile Data Telkomsel. "We see Comverse Fun Dial as one of the innovative services that keep pace with our vision, helping us to prominently position the coolest and most up-to-date content and personalization offerings. Fun Dial provides us with a greater competitive advantage by keeping our offering on the cutting edge.” Comverse’s industry-leading end-to-end Fun Dial solution enables operators to achieve fast time-to-market and streamline operations with a high-quality music experience that is in wide use by tier-1 and other operators around the world. Comverse Fun Dial’s rich feature set promotes high penetration of the service to rapidly achieve a critical mass of users and ROI. The Comverse Fun Dial family also includes: Fun Broker, which opens the ringback tone service to third-party (off-deck) content providers, Fun Greeting, which allows users to enrich standard voicemail with music, humor and celebrity greetings and Fun Video, which enables callers to view a video clip while waiting for a video call to be answered. These innovative products enable operators to leverage investments in Fun Dial™ to further enhance the user experience and create new revenue streams. "Replacing a competitor’s ringback and content solution for a regional giant like Telkomsel underscores the fact that Comverse Fun Dial is firmly established as a pace-setter and market leader in the ringback tone and content management arena, with 50 operators benefiting from its rich feature set and end-to-end operating environment,” said Eitan Achlow, President of the Comverse Asia Pacific (APAC) Division. About Telkomsel Telkomsel is the leading operator of cellular telecommunications services in Indonesia. By the end of June 2007, Telkomsel had around 42 million customers, representing a market share of around 55%. Telkomsel provides GSM cellular services in Indonesia, through its own nationwide Dual band 900/1800 MHz GSM network, and internationally, through 268 international roaming partner in 155 countries (end of 2006). In September 2006, Telkomsel became the first operator in Indonesia to launch 3G services. Telkomsel has the largest network coverage of any of the cellular operators in Indonesia, providing network coverage to over 90% of Indonesia's population and is the only operator in Indonesia that covers all of the country's provinces and counties, and all sub-counties ("kecamatan") in Sumatra, Java, and Bali/Nusra. The company offers GSM dual-band (900 & 1800), GPRS, Wi-Fi, EDGE, and 3G technology. About Comverse Comverse is the world’s leading provider of software and systems enabling network-based messaging and content value-added services, 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 holistic 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 reviews; 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 alleged defaults under the company’s ZYPS indentures, including acceleration of repayment; risks of litigation (including pending securities class actions and derivative lawsuits) 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 the effects of 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; 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.

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