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Press Release

Comverse Mobile Instant Messaging Client Embedded in Samsung Device Targeted for North America
May 29, 2007 | WAKEFIELD, MA | Print

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 Samsung Electronics, a leading provider and innovator of mobile phones, has selected Comverse Mobile Instant Messaging (Mobile IM) client software to be embedded in a new handset targeted for the North American market. Introduced by Samsung in early 2007, the new handset, Samsung SCH-u340, was already launched for a mass market target audience.

By embedding the Comverse Mobile IM client, Samsung fulfills operators’ requirements to support the growing demand for mobile instant messaging. Comverse’s handset solutions offer a convenient user interface and expanded functionality that both draw from the company’s extensive messaging expertise. Comverse Mobile IM handset software provides user access to several leading portals, and offers operators innovative branding opportunities.

“Combining our extensive know-how in handset software design with a device from Samsung, one of the world’s top handset vendors, ensures a superior and appealing user experience that can drive revenues and usage,” said Benny Einhorn, Chief Marketing Officer at Comverse. “Handset manufacturers derive much benefit from Comverse’s broad offering of proven messaging and content clients, which support advanced applications from IM and mobile email to video messaging, mobile avatars and more on all leading mobile operating systems. Handset software with an intuitive user interface is of paramount importance to customer satisfaction and the Comverse Total CommunicationSM experience.”

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 ability of Verint Systems Inc. to complete, and the effects of, the proposed merger with Witness Systems, Inc., including risks associated with integrating the businesses and employees of Witness if such merger is successfully completed; 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. ####





CONTACTS:
Investors/Business Press:
Paul D. Baker
Comverse Technology, Inc.
810 7th Ave
New York, NY 10019
(212) 739-1060

Industry Press:
Penny Blaisdell
Comverse
100 Quannapowitt Parkway
Wakefield, MA 01880
(781) 224-8612


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