Comverse Technology's Enhanced Services Platform selected by Deutsche Telekom MobilNet GmbH (DeTeMobil) for its nationwide digital wireless "D1" network's messaging services; order, valued at several million dollars, placed through Motorola.WOODBURY, N.Y.--(BUSINESS WIRE)--Nov. 9, 1995--Comverse Technology, 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 ) announced today that DeTeMobil, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Deutche Telekom AG (Germany), has selected the Company's TRILOGUE(R) INfinity multimedia enhanced services platform for its nationwide mobile messaging services on its "D1" digital wireless network. The order was placed through Motorola (NYSE NYSE See: New York Stock Exchange :MOT), which is supplying infrastructure equipment to DeTeMobil. Comverse's initial shipments are valued at several million dollars. The TRILOGUE platform will support a variety of voice/fax/text/data messaging and information services See Information Systems. for DeTeMobil's digital cellular subscribers, under the service name MobilBox. Comverse has for years enabled Deutsche Telekom Deutsche Telekom AG (ISIN: DE0005557508, FWB: DTE, NYSE: DT, LSE: DEU, TYO: 9496 ) (abbreviated DTAG) is a telecommunications company headquartered in Bonn, Germany. It is the largest telecommunications company in Germany and in the EU. and DeTeMobil to provide call answering services on its analog cellular network. Kobi Alexander Jacob "Kobi" Alexander is the founder and the former CEO of New York-based Comverse Technology. Alexander founded Comverse Technology (NASDAQ: CMVT) in 1982 and built it up from a 3-person Israeli startup to employing over 5,000, becoming the leading provider of software and , chairman, president, and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Comverse Technology, said, "We are extremely pleased to receive an order of this size and significance. Deutsche Telekom's nationwide "D1" network is the premier digital mobile communications network in one of the world's leading economies." Alexander continued, "Comverse is a world leader in the supply of messaging systems to digital wireless network operators, with more than 30 digital cellular service providers having purchased our TRILOGUE enhanced services platform. As our digital cellular and other wireless and wireline customers continue to enjoy rapid subscriber growth, Comverse is well-positioned to serve as a long-term supplier of hardware and software to support the expansion of call answering and other enhanced services." The TRILOGUE INfinity line of enhanced services platforms enables wireline and wireless telecommunications network operators to offer a range of multimedia messaging and information services to business and residential users. These services include call answering, voice/fax mail, audiotex, fax-on-demand, interactive voice response and virtual phone/fax. Comverse Technology, Inc., headquartered in Woodbury, designs, develops, manufactures and markets computer and telecommunications systems for a variety of communications processing applications, including telephone-accessed, multimedia messaging and information processing systems marketed under the name TRILOGUE(R) and multiple channel, multimedia digital recording systems marketed under the name AUDIODISK(TM). CONTACT: Comverse Technology, Inc. Kobi Alexander/Paul D. Baker 516/677-7200 |
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