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 Litecom AG, the telecommunications arm of Switzerland-based Axpo Group, has chosen Comverse’s MyCall® Converged Communications solution for the deployment of wholesale residential voice services.
“Comverse combines superior technologies with an understanding of our business,” stated Matthias von Arx, General Manager of Litecom. “In addition to solid references in VoIP service deployment, Comverse was able to supply Litecom with a complete, scalable, multi-protocol solution, from the core call control technologies to a comprehensive portfolio of value-added applications. This combination of expertise, experience and advanced technologies was key to Litecom’s choice of the MyCall solution.”
Litecom, founded in 2005 by a group of Swiss utility companies, uses the Comverse MyCall solution to deliver “white labeled” wholesale Voice over IP (VoIP) services to independent cable TV operators and Internet Service Providers (ISPs) in Switzerland who resell them to their residential customers. Litecom built its own IP telephony infrastructure to deploy the services, and provides service support to the cable operators. The company intends to deploy business services (IP Trunking and IP Centrex) on the same platform as a second stage of deployment.
Comverse’s MyCall solution is used by service providers to deploy IP telephony, video telephony, interactive video and fixed-mobile convergence (FMC) services. The MyCall platform centralizes the management and provisioning of services and can scale up to millions of simultaneous lines in a wide variety of configurations. By deploying the platform in Application Service Provider (ASP) mode, Litecom is able to sell services wholesale to communication providers who package and deliver them under their own brand.
“Litecom aims to meet both the mid- and long-term challenges of the telephony market with a highly competitive offering using advanced technologies,” said Yaron Tchwella, President of Comverse. “Since Comverse’s Converged IP Communication solutions are all based on an open and scalable IMS architecture, Litecom is able to extend and evolve their service offering quickly and easily according to customer demand and market developments.”
About Litecom
Litecom AG was founded in 2005 by the AEW Energie AG (AEW), the Elektrizitätswerke des Kantons Zürich (EKZ), the Elektrizitätswerk des Kantons Schaffhausen AG (EKS), the Elektrizitätswerk des Kantons Thurgau AG (EKT), the St. Gallisch-Appenzellische Kraftwerke AG (SAK) and the Nordostschweizerische Kraftwerke AG (NOK) to deliver data services in Switzerland. Litecom markets data transport services and Internet connectivity (leased lines, co-location, Ethernet, and VPN services) on a wholesale basis to regional service providers, enterprises and public sector customers. Over 15 of the 100 largest companies in Switzerland, as well as many medium and small enterprises, universities, administrations, the police corps, telecom service providers and leading utility companies are customers of Litecom. For additional information, visit the Litecom website at
http://www.litecom.ch.
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 investigation; 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. The company undertakes no commitment to revise or update forward-looking statements except as required by law.
