WAKEFIELD, Mass., Feb. 14, 2012 (GLOBE NEWSWIRE) -- Comverse (Nasdaq:CMVT), a global leader in BSS, mobile Internet, and value-added services, announced today that the Comverse ONE® Billing & Active Customer Management solution has won a BSS/OSS Excellence Award for an industry-first third year in a row. TMC, a global integrated media company, honored Comverse ONE with this unparalleled distinction for its notable advancements in the field of Policy Management and Policy Enforcement.
With soaring data traffic on a sharp upswing, communication service providers (CSPs) seek to effectively manage their limited bandwidth to ensure an optimal user experience and robust profitability. Enhanced with policy management and enforcement to enable traffic management and charging that is both subscriber- and network-aware, Comverse ONE is being recognized for meeting this industry need with its trailblazing solution – which is proving effective around the world for unleashing more of the broadband data opportunity.
"Comverse, yet again, has demonstrated outstanding achievements in creating exceptional systems for supporting internal network operations and customer support solutions, and therefore was selected by the editors of INTERNET TELEPHONY to receive this coveted BSS/OSS Excellence Award for a record third consecutive year. Comverse ONE, extended with policy management and policy enforcement, has provided outstanding contributions in delivering winning solutions for its customers around the world," said Erik Linask, Editorial Director of INTERNET TELEPHONY.
"I am pleased to recognize Comverse's achievement again this year with an INTERNET TELEPHONY BSS/OSS Excellence Award. As our first-ever three-time winner, they continue to distinguish themselves in the industry with a commitment to innovation that translates to profitable growth for their customers," stated Rich Tehrani, CEO, TMC. "Congratulations to the entire team at Comverse and I look forward to continued excellence."
"We'd like to thank INTERNET TELEPHONY for this unprecedented honor. With the industry evolving rapidly, agility to act fast is mission-critical for CSPs," said Roni Levy, Head of Comverse BSS. "The tight integration with Policy Management and Policy Enforcement that won Comverse ONE this award also makes winners of CSPs. It gives them a crucial competitive advantage in their markets – positioning them to win the loyalty and business of more and more consumers and enterprises."
The 2011 INTERNET TELEPHONY BSS/OSS Excellence Award winners are published in INTERNET TELEPHONY magazine, www.itmag.com.
Click for more information about Comverse BSS with Policy Management and Policy Enforcement and about Comverse at Mobile World Congress.
About INTERNET TELEPHONY Magazine
INTERNET TELEPHONY has been the IP Communications Authority since 1998™. Beginning with the first issue in February of 1998, INTERNET TELEPHONY magazine has been providing unbiased views of the complicated converged communications space. INTERNET TELEPHONY offers rich content from solutions-focused editorial content to reviews on products and services from TMC Labs. INTERNET TELEPHONY magazine reaches more than 225,000 readers, including pass-along readers. For more information, please visit www.itmag.com
About Comverse
Comverse is the world's leading provider of software and systems enabling converged billing and active customer management, mobile Internet, and value-added services. Comverse's extensive customer base spans more than 125 countries and covers over 450 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, cloud, hosted and managed services. Comverse, ranked number 55 in PwC's Global 100 Software Leaders based on research by Pierre Audoin Consultants, is a subsidiary of Comverse Technology, Inc. (Nasdaq:CMVT). For more information, visit www.comverse.com.
The Comverse Technology logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7454
Statements included or incorporated by reference in this press release may contain "forward-looking statements." There can be no assurance 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 risks described in the section entitled "Forward-Looking Statements" Item 1A, "Risk Factors" and elsewhere in the company's Annual Report on Form 10-K for the fiscal year ended January 31, 2011 filed with the SEC on May 31, 2011 or in subsequently filed periodic, current or other reports. The company undertakes no commitment to update or revise forward-looking statements except as required by law.