Comverse's Multimedia Messaging And Wireless Instant Messaging Selected By Spanish Wireless Operator, Xfera.

Business/Technology Editors

WOODBURY, N.Y.--(BUSINESS WIRE)--May 30, 2001

Comverse Solution Will Allow Xfera To Quickly Deploy

A Suite Of 2.5 and 3G Multimedia Messaging Services 

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 the sale of Multimedia Messaging Services (MMS) and wireless instant messaging to Spanish wireless operator Xfera. Xfera, a consortium of international and local companies, including ACS, Vivendi, Sonera, Mercapital, Alba, ACESA and several saving banks of Spain, is one of the four mobile operators that have been awarded a UMTS license in Spain.

Comverse's MMS is a standards-based platform that allows mobile users to exchange multimedia messages and runs on GPRS and UMTS networks. It will provide Xfera's subscribers using a simple browser handset or PDA with the ability to create, send and receive messages with audio, pictures, text, animation and streaming video. Comverse's wireless instant messaging is a suite of applications that enables the creation of mobile communities among mobile users and Internet users.

MMS and Instant Messaging are designed to generate new revenue streams in the 2.5G and 3G environments. Comverse's scalable and flexible platform allows Xfera to expand with the growth of its subscriber base.

Zeev Bregman, Chief Executive Officer of Comverse stated, "We are proud that the European UMTS operator, Xfera, considers Comverse's MMS as the best solution available today on the market to quickly implement a comprehensive range of next generation services. We are confident that our solution is a strategic tool that will go a long way in helping our customers offer attractive, revenue-generating services to their broadband wireless carriers."

About Xfera

Xfera is one of the mobile operators that have been awarded a UMTS license in Spain. This company is a Spanish telecommunications consortium of leading international and local companies including the construction group ACS, Vivendi, Sonera, Mercapital, Alba, ACESA and several saving banks of Spain. They provide Xfera with the solidity and experience needed to develop its ambitious project. They also strengthen the reality of Xfera, which aims to be a way of understanding communications unknown until now. Xfera's mission is to be the forerunner of a new lifestyle by providing services and comfort to consumers. This firm commitment to society, together with rapid deployment and the wide range of products to be offered puts Xfera in a leading role in the Spanish economy. For additional information, visit the Xfera's web site at http://www.xfera.com.

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 with over 360 customers, in more than 100 countries. Comverse provides a wide range of solutions enabling multimedia messaging, multi-protocol mobile Internet platforms, wireless data and short messaging services, speech-controlled portal, wireless prepaid services, interactive voice response and other personal communications services. Other Comverse Technology business units include: Comverse Infosys which provides multiple channel, multimedia digital recording, logging, and quality monitoring systems marketed to contact centers, and law enforcement agencies; and Ulticom, a leading provider of network signaling software for wireless, wireline, and Internet communications services. 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.