Comverse at TM Forum Latin America Summit: Open a New World of Connected Possibilities

Monetize New Business Models With Comverse ONE: Mobile Payments, OTT and Cloud-Based Services, M2M, Social Media

WAKEFIELD, Mass., March 23, 2012 (GLOBE NEWSWIRE) -- Comverse® (Nasdaq:CMVT), a global leader in BSS, mobile Internet and value added services, and a sponsor at TM Forum Latin America Summit 2012 in Sao Paulo, Brazil, will share global expertise and insights on how communications service providers (CSPs) can secure a leading and profitable position in the increasingly connected and converged world.

In the panel "Managing Convergence" being held on Wednesday, March 28 at 15:30, Raman Abrol, Comverse VP & General Manager Latin America, will discuss how CSPs can cash in on exciting growth opportunities in a range of new arenas by identifying key BSS enablers/considerations.

Drawing from Comverse's deep-rooted network and IT expertise and global customer base, Raman will discuss why policy and BSS unification is integral to support the customer experience and monetization needs and opportunities associated with new converged business models such as Machine-to-Machine (M2M), cloud and Over-the-Top (OTT) services – and how multi-channel (including social media) personalized customer management is integral to ensure sustained success in the evolving ecosystem.  

"With so much opening up, the future looks bright for telecommunications," said Roni Levy, Senior Vice President and Head of the BSS Business Unit at Comverse. "Comverse has extensive experience with the leading service providers throughout this region, and we look forward to helping them expand their success to embrace and monetize the increasingly connected lucrative ecosystems such as commerce, health, transportation and social networking."

Visitors to the TM Forum Latin America Summit in Sao Paulo are invited to schedule a meeting with Comverse experts at the conference, March 27-28, 2012 to learn how to leverage BSS convergence for effective monetization of existing and new connected opportunities. 

 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

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.


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