WAKEFIELD, Mass., June 18, 2012 (GLOBE NEWSWIRE) -- As a featured session speaker and panel participant at Global Messaging World Congress 2012, Comverse® (Nasdaq:CMVT) will highlight new developments in broadband, IMS, social media and the over-the-top (OTT) space that are creating rich messaging opportunities and new business models for communication service providers (CSPs).
"We will focus at the event on how CSPs are expanding their market horizons and generating new revenues with compelling new consumer experiences," said Oz Ovady, Senior Vice President and Value-Added Services General Manager at Comverse, the global market share leader in value-added services. "CSPs using the Comverse Value Added Service (VAS) 3.0 solution also gain effective tools for securing vital voice and messaging revenues while maximizing cost effectiveness."
Comverse is a featured conference participant in two key events. On June 19 at 14:45 Nir Flatau, Head of Comverse VAS Marketing and Business Development, will speak about "Implementing a Customer Value Business Model for Messaging by Creating Innovative Services Leveraging Operator Assets." On June 20, 11:55 he joins the panel "Successfully Exploiting the Revenue Potential of A2P and P2A SMS for the Business and Enterprise Markets."
"Text and messaging services currently generate significant network revenues, but this is only a fraction of their potential. Comverse helps CSPs leverage messaging capabilities for greater value – while offering protection from cannibalization by emerging alternative messaging players," said Ovady. "I invite event participants to learn how Comverse solutions open up lucrative new avenues, such as Voicemail on Facebook, Safe Messaging while Driving, and additional opportunities and new business models in the OTT space, M2M, and beyond."
Meet with Comverse, the global leader in value-added services, at Global Messaging World Congress on June 19-20 in London, and click for more information on boosting VAS revenues – including videos on Comverse Innovation and the VAS 3.0 concept.
About Comverse
Comverse is the world's leading provider of software and systems for business enablement through converged billing and active customer management, mobile Internet, value-added and managed 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.
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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, 2012 filed with the SEC on April 2, 2012 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.