Comverse's `Who Called' Solution Is Deployed At Italy's Wind; New Service Creates An Opportunity To Increase Network Traffic By Reducing Uncompleted Calls.

Business Editors

WOODBURY, N.Y.--(BUSINESS WIRE)--Feb. 19, 2003

Comverse, a unit of Comverse Technology, Inc. (NASDAQ: CMVT), and the world's leading supplier of software and systems enabling network-based multimedia enhanced communications services, today announced that Wind has deployed its "My Wind" service based on Comverse's "Who Called."

Comverse's Who Called notifies consumers by SMS of the phone number associated with inbound calls not completed for reasons such as: user is out of range, device battery is depleted, device is turned off, or caller hangs up without leaving a voice message. The result is that a significant percentage of total traffic formerly lost in the network is now made available to subscribers, which may lead to an increase in network traffic and additional revenue when Who Called users call back initiators of the reported lost calls.

In the first phase, Wind deployed My Wind universally and free of charge to all voicemail subscribers. Wind noted broad consumer satisfaction with the service and enjoyed an enhanced operator image for enabling users to "always be in touch." Upon registering a rise in outgoing calls, Wind decided to extend My Wind to voicemail non-subscribers.

Who Called is an element of Comverse ImPact -- a service offering that can be quickly deployed to generate new revenues. Other ImPact elements include Interactive Notifications, which use the extra space at the end of SMS notifications to promote other services (a single-press "hot button" response option enables users to take immediate advantage of offers), Voice Controlled Messaging, Web-based Personal Provisioning, Call Return, and Notify-Me (which notifies a caller who failed to complete a call when the called party becomes available).

Who Called is an example of a solid, self-selling application that enjoys wide popular usage with no costly product launch: a very simple and intuitive service with inherent value to consumers that allows Wind to gain by harnessing the lost potential of many calls within its system.

Giuseppe Elli, Regional Manager of Comverse, said, "ImPact elements like Who Called demonstrate that there remains significant potential for enhancing the user experience and increasing operator revenue. Wind is a successful forward-looking operator that proves again that prudent innovation often makes solid business sense."

About Wind

Wind Telecomunicazioni S.p.A. is the number one Italian telecommunications operator capable of providing convergent fixed-line, mobile and Internet services. Wind is the leading non-incumbent operator in the Italian fixed telephony market and the third mobile player. Wind runs Italy's most successful Internet portal, Libero, and is the largest Internet Service Provider in Italy. For more information about Wind, please visit http://www.wind.it .

About Comverse

Comverse, a unit of Comverse Technology, Inc. (NASDAQ: CMVT), is the world's leading provider of software and systems enabling network-based multimedia enhanced communications services. More than 400 wireless and wireline telecommunications network operators in more than 100 countries have selected Comverse's enhanced services systems and software, which enable the provision of revenue-generating value-added services including call answering with one-touch call return, short messaging services, IP-based unified messaging (voice, fax, and email in a single mailbox), 2.5G/3G multimedia messaging (MMS), instant communications, wireless information and entertainment services, voice-controlled dialing, messaging and browsing, prepaid wireless services, and additional personal communication services. Other Comverse Technology business units include: Verint Systems, a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence; and Ulticom, a leading provider of service enabling network software for wireless, wireline, and Internet communications. Comverse Technology is an S&P 500 and NASDAQ-100 Index company. For additional information, visit the Comverse web site at http://www.comverse.com.

All product and company names mentioned herein may be registered trademarks or trademarks of Comverse or the respective referenced company(s).

Note: This release may contain forward-looking statements that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: 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; risks associated with changes in the competitive or regulatory environment in which the company operates; 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. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of the company with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and its subsequent Quarterly Reports on Form 10-Q. These documents are available through the company, or through the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov. The company makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made.