Comverse Launches New Release of MyCall(R) Converged Communications Combining Fixed-Mobile Telephony with Messaging.

Enables Service Providers to Deploy Consumer Telephony and Messaging Seamlessly Across Users' PC, Home Phone and Mobile

WAKEFIELD, Mass. -- Comverse, a subsidiary of Comverse Technology, Inc. and the world's leading supplier of software and systems enabling network-based multimedia enhanced communication and billing services, today announced the availability of a new release of MyCall([R]) Converged Communications, an integrated fixed and mobile communication solution for the delivery of seamless consumer services over fixed broadband and mobile networks.

"There is very strong interest among operators in providing a unified, converged service interface to customers, and it will quickly become an essential element in service bundles," said Graham Finnie, Chief Analyst with Heavy Reading. "Solutions that effectively meet the core requirement for a single interface across PCs and mobiles should have strong appeal in the market."

MyCall Converged Communications enables all types of service providers to offer attractive, cost-effective, hosted bundles of consumer voice, video and messaging services. Service providers now benefit from the flexibility to deploy a combination of services customized to consumer lifestyles, which can lead to stronger customer relationships.

With MyCall, subscribers can use a similar user interface on a PC or a mobile phone to access all communication and messaging services, including telephony, SMS, MMS, IM and Presence. The same number can be used to call all devices, there is a shared contact list among all devices and all the services use the same billing mechanism. In addition, MyCall subscribers benefit from Visual Voicemail, enabling quicker response times, a simpler user experience and an intuitive visual interface with a one-click response to messages. The solution also supports personalized call configurations between residential, PC-based and mobile telephony.

"MyCall enables operators to offer fixed-mobile service bundles, such as 'My Mobile on My PC,' which is designed to increase both ARPU and subscriber loyalty," said Benny Einhorn, CMO of Comverse. "MyCall's new communicator clients for the PC and for the mobile handset make it an end-to-end solution that ensures seamless communication and messaging on all relevant devices, including dual-mode handsets that allow subscribers to access both cellular and WiFi networks."

About Comverse

Comverse is the world's leading provider of software and systems enabling network-based messaging and content value-added services, converged billing and IP communications. Comverse solutions generate revenues, strengthen customer loyalty and improve operational efficiency for over 500 communication service providers in more than 130 countries. The company's Total Communication(SM)portfolio facilitates personalized lifestyles in an evolving connected world and is based on the holistic InSight[TM] Open Services Environment. Comverse's solutions support flexible deployment models, including in-network, hosted and managed services, and can run on circuit-switched, VoIP, IMS and converged network environments. Comverse is a subsidiary of Comverse Technology, Inc. (CMVT.PK). For more information, visit www.comverse.com.

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

This release contains "forward-looking statements" under the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances 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 results of the investigation of the Special Committee, appointed by the Board of Directors on March 14, 2006, of matters relating to the company's stock option grant practices and other accounting matters, including errors in revenue recognition, errors in the recording of deferred tax accounts, expense misclassification, the possible misuse of accounting reserves and the understatement of backlog; the impact of any restatement of financial statements of the company or other actions that may be taken or required as a result of such reviews; the company's inability to file reports with the Securities and Exchange Commission; the effects of the delisting of the company's Common Stock from NASDAQ and the quotation of the company's Common Stock in the "Pink Sheets," including any adverse effects relating to the trading of the stock due to, among other things, the absence of market makers; risks relating to alleged defaults under the company's ZYPS indentures, including acceleration of repayment; risks of litigation (including pending securities class actions and derivative lawsuits) and of governmental investigations or proceedings arising out of or related to the company's stock option practices or any other accounting irregularities or any restatement of the financial statements of the company, including the direct and indirect costs of such investigations and restatement; risks related to Verint Systems Inc's. merger with Witness Systems, Inc., including risks associated with integrating the businesses and employees of Witness; risks associated with integrating the businesses and employees of the Global Software Services division acquired from CSG Systems International, Netcentrex S.A. and Netonomy, Inc.; 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; aggressive competition may force the company to reduce prices; a failure to compensate any decrease in the sale of the company's traditional products with a corresponding increase in sales of new products; risks associated with changes in the competitive or regulatory environment in which the company operates; risks associated with prosecuting or defending allegations or claims of infringement of intellectual property rights; 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.