Comverse Launches New Regional Branch in the United Arab Emirates

Dubai Office Addresses Expanding Activity in Region's Fast-Growing Telecom Market


WAKEFIELD, Mass., June 17, 2013 (GLOBE NEWSWIRE) -- Comverse (Nasdaq:CNSI), the global leader in telecom business enablement, today announced the opening in the United Arab Emirates of its newest regional branch to address expanding regional activity.

Strategically located in the Dubai financial center, the office facilitates closer coordination with key partners and customers in the region's fast-growing telecom market. The office will be headed by Stefan Sieber, Comverse Middle East Vice President, who draws from more than 20 years of telecom experience in the region and around the world, with a strong focus on digital services, BSS and customer care.

"It is exciting to open a Comverse office to better serve this dynamic and strategic environment," commented Denis Bernaert, Comverse Senior Vice President & Managing Director of EMEA. "By supplementing our global profile with empowered, responsive regional presence and management, Comverse is uniquely positioned to help CSPs to achieve optimization and efficiency, create more rewarding customer experiences and address new opportunities."

"Comverse's robust portfolio of award-winning products and services – such as its world-leading converged BSS platform, telco-specific CRM and advanced digital and value added services – enable CSPs in this region and around the globe to optimize the transition to an all-IP world and capture a winning role in new value chains," Bernaert added.

Led by an international management team, Comverse is headquartered in Wakefield, Massachusetts, serving a global customer base with branches in more than 50 locations in countries throughout the world. Traded publicly on NASDAQ, its largest shareholders are prominent US-based institutional investment funds.

Find out more about how Comverse's proven solutions enable service innovation and smart monetization and schedule a meeting with us at our new Dubai office or at the Middle East Com Telco Summit in Dubai, 23-24 September, 2013.

About Comverse

Comverse® is a leading provider of telecom business enablement solutions that support service innovation and smart monetization through a rich portfolio of BSS, Data Management and Monetization, Digital Services, Value Added Services, IP Communications and Professional 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 are available in a variety of delivery models, including on-site, cloud, hosted and managed services. For more information, visit www.comverse.com

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 filed with the SEC on May 16, 2013 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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