VOXmobile Selects Comverse Fun Dial Personalized Ringback Tones

    Business Editors/Technology Editors

    NEW YORK--(BUSINESS WIRE)--May 9, 2005--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 that VOXmobile S.A., a GSM and UMTS mobile operator in Luxembourg, has chosen Comverse's Fun Dial(TM) to provide personalized ringback tones to its subscribers under the brand "MusiCall". Fun Dial replaces ringing, busy, and call waiting tones with content selected from a comprehensive portfolio including local and international music, humor, impressions, sound effects, and creative personal or business messages.
    "Fun Dial is an attractive service that offers a rich set of features and appealing content," said Pascal Koster, Co-CEO of VOXmobile S.A. "Being the first to offer this service in our market adds to our progressive and innovative image. It is a market differentiator that should prove popular among our subscribers", said Jean-Claude Blintz co-CEO of VOXmobile S.A.
    Fun Dial provides a high degree of flexibility, enabling subscribers to designate the same content for all callers, or assign a different tune for different callers and groups of callers (e.g., spouse, friends, and clients). Users browse, listen to songs and select content through a variety of interfaces: IVR, the operator's Web site, WAP, SMS, and BREW-based visual user interface.
    "VOXmobile has recognized the rich opportunities inherent in Fun Dial's versatility," said Giuseppe Elli, President of Comverse Europe Division. "Fun Dial enables businesses to capture the youth market, students, and early adopters of new mobile services. VOXmobile's selection of Fun Dial underscores both the marketing appeal and flexibility of the service and Comverse's role as a prime mover in the ringback tone field."

    About VOXmobile

    VOXmobile was awarded its UMTS license in July 2003 and a GSM 1800 / EDGE license in December 2004. VOXmobile is a company with 100% Luxembourgish investors, Audiolux S.A. & BGL Investment Partners S.A. The newest of three GSM operators in Luxembourg, VOXmobile was originally founded as LuXcommunication in 2003 and rebranded as VOXmobile S.A. in 2004.
    VOXmobile officially launched in May of 2004 with the goal of being the largest 2G, 3G and fixed network operator in Luxembourg; currently VOXmobile succeeded to exceed its own forecasts with a market share of more than 15% in mobile subscribers after less than one year since launch and with continuous growth. For more information on VOXmobile visit www.vox.lu.

    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, a leading provider of analytic software-based solutions for communications interception, networked video security and business intelligence; and Ulticom, 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. 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 statement 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: NEW YORK INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS TELECOMMUNICATIONS SOFTWARE NETWORKING SOURCE: Comverse Technology, Inc.

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