Comverse Unveils ImPact -- A Comprehensive Value Added Service -VAS- Solution Designed To Increase Wireless Carrier ARPU.Business Editors WOODBURY, N.Y.--(BUSINESS WIRE)--June 11, 2002 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 ) The Comverse ImPact Solution Creates A New User Experience -- Giving Operators The Means To Make An Immediate and Positive ImPact To Their Bottom Line 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 launch of its new ImPact solution, a comprehensive value-added services (VAS vas (vas) pl. va´ sa [L.] vessel.va´sal vas aber´rans 1. a blind tubule sometimes connected with the epididymis; a vestigial mesonephric tubule. 2. ) solution designed to address operators' needs for increased average revenue per user (ARPU (Average Revenue Per User) A calculation often used to determine the overall value of an application. It is also used to rate particular customers, especially in the wireless space, by comparing someone's account to the overall average. ). ImPact helps operators expand and extend their revenue-generating services and increase average revenue per user by providing a carefully crafted suite of entertaining and useful voice and data services. One service naturally leads to another, providing network subscribers with an improved user experience. ImPact seeks to stimulate revenue generation from every call opportunity while leveraging existing operator equipment, allowing operators to experience a rapid and healthy return on investment (ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ). ImPact's array of services includes enhanced messaging and notification capabilities, music-based entertainment applications, and a voice-controlled user interface to make service usage intuitive, inviting and hands-free. ImPact notification enhancements capture and report every incoming call, even when the phone is turned off, out of range, or a caller hangs up without leaving a message. All users can receive notification regarding their missed or lost calls, encouraging more returned calls on the operator's network. ImPact further enhances notifications by converting these valuable missed call A missed call is when a cell phone user calls another and cuts off deliberately before the called party has a chance to pick up the call. Missed calls are used to notify another person of the caller's presence or to conveniently obtain a person's cellphone number. reports into a new SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. communications vehicle. Operators can use the available space at the end of the missed call notification to provide a variety of content to their subscribers. "By integrating a strategic selection of voice, data and entertainment services, operators can bring a new level of quality to the user experience, helping them attract and retain customers," said Nathan Budd, an Industry Analyst for Frost and Sullivan, UK. "Comverse ImPact generates new revenue opportunities for wireless operators by creating a dynamic environment in which one service enhances the uptake of others. This complete integrated approach gives ImPact its real value, enabling it to stand out above piecemeal VAS solutions," said Benny Einhorn, Chief Marketing Officer for Comverse. "The combination of voice and data services frees mobile users to interact with the service in the way that best suits the moment, paving the path to Comverse's vision of a full 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." By integrating a strategic selection of voice, data and entertainment services, ImPact can bring a new level of quality to the user experience -- and can help attract and retain customers. For example, an ImPact user returning to service can immediately receive an SMS notification showing that two voicemail messages were left while the handset was unavailable. Another SMS might indicate that a caller had hung up before leaving a message. At the end of the SMS message SMS message SMS n → (message m) SMS m , the user could receive an option to download a newly available ringtone The audible sound made by a telephone to announce that a call is coming in. The traditional ringtone was in the 440-480 Hz range, but as cellphone usage grew, it became obvious that ringtone differentiation would become important. or be advised of a new operator service that enables the sending of music tracks to friends and family. The user can begin to navigate through the voicemail messages using simple voice commands and can easily choose to initiate a return call when appropriate. When the call is complete the user returns to the place where the voicemail session left off. Recognizing the caller who did not leave a message, the user may decide to reply by sending a song, returning the phone call or both. 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 390 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 (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 Inc., a leading provider of communications interception, analytic solutions for 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 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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