Press Release

Comverse today announced that its latest communications applications, such as Converged Messaging and a centralized social address book, have been optimized for Mobile Internet Devices based on the Intel® Atom™ processor and Linux-based Moblin software platform.

Comverse is demonstrating these applications at the Mobile World Congress in Barcelona, February 16 to 19 (Hall 8, Booth 8B 83).

“Comverse’s personalized communication services take full advantage of the Intel Atom processor’s superb media processing and high-performance capabilities,” said Daphna Steinmetz, Chief Innovation Officer at Comverse, the world's leading supplier of software and systems enabling value-added messaging and content services, converged billing and active customer management, and IP communications. “This successful synergy helps redefine the socialization possibilities on a mobile device.”

With Comverse’s Converged Messaging, a single device and user interface can retrieve messages from various sources, including fixed-line messages (voicemail and videomail), mobile messages (MMS, SMS, voicemail and videomail) and the ISPs (email messages).

“Comverse offers applications to telecom operators that embrace the Web’s latest technologies and brings them to the mobile environment,” Steinmetz said. “This helps transform the Internet into an opportunity for carriers to create more revenues.”

For instance, with the growth of social networking communities, some people may view their mobile device as a social life-support system, but how can users keep track of all their social contacts?

The solution is Comverse’s social address list, which organizes all contacts and their multiple addresses into the phone’s address book. Comverse then enriches that information with geographical location, availability and other key facts.

“An enriched address book encourages mobile users to reach out more often with contacts in any social community,” Steinmetz said. “As a result, subscribers may make more phone calls or send more messages, all of which helps drive revenues for carriers,”

“Mobile Internet Devices are rapidly expected to become the personal information console for users having ready access to their address book and voicemails,” said Pankaj Kedia, director of global ecosystem programs in Intel Corporation’s Ultra Mobility Group. “The performance and compatibility of Intel Atom processor-based Mobile Internet Devices, combined with Comverse’s communication services running on a Linux-based Moblin software platform, is expected to deliver an outstanding Internet and media experience to consumers wherever they go.”

About Comverse
Comverse is the world’s leading provider of software and systems enabling value-added services for voice, messaging, mobile Internet and mobile advertising; converged billing and active customer management; and IP communications. Comverse’s extensive customer base spans more than 130 countries and covers over 500 communication service providers serving more than two billion subscribers. The company’s innovative product portfolio enables communication service providers to unleash the value of the network for their customers by making their networks smarter. Comverse’s solutions support flexible deployment models, including in-network, hosted and managed services, and can run on circuit-switched, IP, IMS or 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 of the Board of Directors concluded on January 28, 2008, of matters relating to the Company’s stock option grant practices and other accounting matters; 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 evaluation of the application of GAAP in connection with the recognition of revenue; 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; 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, investments in auction rate securities, 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. The Company undertakes no commitment to update or revise forward-looking statements except as required by law.
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CONTACTS:
Investors/Business Press:
Paul D. Baker
Comverse Technology, Inc.
810 7th Ave
New York, NY 10019
(212) 739-1060

Industry Press:
Steve Eisenberg
Comverse, Inc.
steve.eisenberg@comverse.com
(732) 652-4712