Comverse Global Market Research Indicates Subscriber Interest In New InSight-Powered Enhanced Messaging Services.Business Editors/High-Tech Writers WOODBURY, N.Y.--(BUSINESS WIRE)--Feb. 13, 2003 Comverse Technology Comverse Technology, Inc. (Pink Sheets: CMVT) is an American Technology company located in Woodbury, New York, which develops and markets telecommunications software. Founded in 1982, the company focuses on providing services to third party telecommunication service providers. , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CMVT CMVT Converse Technology ) Strong Consumer Appeal Indicated For InSight-Powered Enhanced Messaging Applications For 2.5G And 3G Wireless Networks 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 preliminary research results that reveal a strong market desire to use new InSight-powered Total Communication and infotainment services. InSight's open environment integrating voice and data makes possible compelling new best of breed applications and services from both Comverse and other developers for next-generation users in 2.5 and 3G networks. Comverse employed end-user market research to determine how best to create services that attain maximum mass-market attractiveness. Conducted by MORPACE International Ltd, the current research, still under way, was conducted in Germany, the United Kingdom, the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Taiwan. After experiencing demos, study participants responded to surveys designed to measure interest in using these services. Key initial findings from Europe show that new InSight-powered services have strong consumer appeal. InSight features incorporate many new services. The four services experienced by the test groups were: - Multimedia Mobile Email: Handles a spectrum of email messages and attachments, including correspondence, Microsoft Word(TM) documents, PowerPoint(TM) presentations, and video and audio files from a PC-like inbox with familiar colorful icons. - Record and Send: Users send voice messages directly to any person or group (whether or not they are voicemail subscribers) without interrupting them or causing their phones to ring. Record and Send notifies the called party of the new message, which can be accessed directly, through a single button. - Visual Voicemail: Colorful information-rich visual inbox screens transform voicemail into an attractive, intuitive email-like experience with easy message management. - Voicemail Infotainment: High-quality audio infotainment messages -- with interactive capability -- from desired community, infotainment and direct marketing content providers. Preliminary results of the global market research from Germany and the United Kingdom demonstrate a compelling market case for the new InSight-powered services. The research results indicate that: - 89 percent of German respondents and 83 percent of their UK counterparts are "interested" or "very interested" in using the Multimedia Email service See Internet e-mail service. in the near future. - 89 percent of German respondents and 95 percent of their UK counterparts regard themselves as potential regular users of Record and Send direct voice messages. More than 20 percent of the interested respondents envision themselves as regular users, predicting they will use the service "more than five times a week." - 80 percent of German respondents and 81 percent of their UK counterparts are "interested" or "very interested" in using Visual Voicemail Visual Voicemail or Random Access Voicemail is the process of adding a visual aspect to mobile phone voicemail and allowing users to listen to their messages in the order of their choice. . Specifically cited anticipated benefits include the ease of using a visual interface, the ability to listen to and manage messages in any chosen order and single-keypress "reply" and "forward" functionality. - 53 percent of German respondents and 67 percent of their UK counterparts are "interested" or "very interested" in receiving Voicemail Infotainment messages in the near future, either as pay-per-use or as an advertisement-sponsored free service. Benny Einhorn, Chief Marketing Officer of Comverse said, "There is an apparent market demand around the world for a richer experience that improves people's everyday lives and takes full advantage of voice and data technology advancements, as well as new handsets, in a user-friendly way. These results confirm that subscribers are eager for attractive new enhanced services and are prepared to pay for a wide range of benefits. It is Comverse's goal to apply the knowledge gained in this research to ensure that subscribers and operators attain maximum benefit from the many capabilities now at hand." About InSight Comverse InSight next-generation environment is based on a modular, standards-based, open IP architecture that integrates data network and smart handset capabilities. Core components, including the multimedia message store, address book, subscriber profile database, and media and presence servers, synergistically syn·er·gis·tic adj. 1. Of or relating to synergy: a synergistic effect. 2. Producing or capable of producing synergy: synergistic drugs. 3. serve all applications. InSight's enhanced multimodal Two or more modes of operation. The term is used to refer to a myriad of functions and conditions in which two or more different methods, processes or forms of delivery are used. On the Web, it refers to asking for something one way and receiving the answer another; for example requesting user experience, which is cohesive across voice and data services, is focused on an attractive single point of access to all types of messages and personal files, creating a dynamic open environment for new and exciting Total Communication and infotainment services from Comverse and third parties -- person-to-person as well as application-to-person -- for communities, groups and individuals. About MORPACE International Ltd MORPACE International Ltd (www.morpace.co.uk) is a full-service market research and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a based in Woking, England. It is part of MORPACE International Inc. of Farmington Hills, Michigan Farmington Hills is the most populous city in Oakland County of the U.S. state of Michigan. It is a suburb of Detroit and is known for it's affluence, excellent schools, great housing stock, luxury homes and a center of business in Oakland County and Metro Detroit. . Founded in 1941, MORPACE serves clients in a wide range of categories. The MORPACE philosophy is to help clients make better decisions through the use of proprietary and custom research design using appropriate research methodologies, statistical analyses, and decision-oriented reporting. MORPACE International has been recognized by the Honomichl Report as one of the largest privately held marketing research firms This is a list of marketing research firms. In the case of research groups or conglomerates the location of the headquarters of the parent entity is given. Australia
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 A telecommunications network is a of telecommunications links and nodes arranged so that messages may be passed from one part of the network to another over multiple links and through various nodes. 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 See SMS. services, IP-based unified messaging Having access to e-mail, voice mail and faxes via a common computer application or by telephone. For example, unified messaging may send faxes and digitized voice mail to a mail server that turns them into e-mail attachments. (voice, fax, and email in a single mailbox), 2.5G/3G multimedia messaging (MMS (Multimedia Messaging Service) An enhanced transmission service that enables graphics, video clips and sound files to be transmitted via cellphones. Developed as part of the 3GPP project, MMS phones are generally backward compatible with SMS and EMS. ), instant communications, wireless information and entertainment services, voice-controlled dialing, messaging and browsing, prepaid wireless services, and additional personal communication services (communications) Personal Communication Services - (PCS) Telecommunications services that bundle voice communications, numeric and text messaging, voice-mail and various other features into one device, service contract and bill. PCS are carried over cellular links, most often digital. . Other Comverse Technology business units include: Verint Systems Verint Systems (Pink Sheets: VRNT) is a leading provider of analytic software and hardware based solutions for the security and business intelligence markets. See also
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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 capital spending Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years. 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 mac·ro·ec·o·nom·ics n. (used with a sing. verb) The study of the overall aspects and workings of a national economy, such as income, output, and the interrelationship among diverse economic sectors. 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and its subsequent Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. . These documents are available through the company, or through the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. ) 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. |
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