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Play Selects Comverse to Manage Converged Billing and Value-Added Services in Poland.



WAKEFIELD, Mass. -- Comverse, a subsidiary of 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. and the world's leading supplier of software and systems enabling network-based multimedia enhanced communication and billing services, today announced that Play, a new mobile operator in Poland, has selected Comverse to manage its Converged Billing operations and Value-Added Services. Comverse solutions deployed by Play include Converged Billing, InSight[TM] Open Services Environment, 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.
, 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. , Messaging Gateway Hardware and/or software that converts one messaging protocol to another. It provides an interface between two store and forward nodes, or message transfer agents (MTAs). See messaging middleware. , Mobile Internet Gateway, and Data Control and Monitoring Point. Comverse service management enables Play to achieve its marketing strategy by synchronizing services, billing and customer care operations, aimed towards high customer satisfaction with minimal operating expenses Operating expenses

The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted.
.

"As a new operator, we are young in spirit, and infused with energy and a visionary drive to make a difference in the Polish market. Having Comverse as a partner gives us global expertise that can enable us to reach our goals," said Play CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. , Hans Cronberg.

By partnering with Comverse for managed services, Play benefits from a joint team of specialists from both companies, mastering the technologies and procedures required, and enabling Play to gain a competitive edge by speeding time-to-market of new services and laying the groundwork for marketing best-practices and optimal system availability.

Yaron Tchwella, President of Comverse, said, "Managed services capabilities are an important aspect of Comverse's strength as a world leader in Total Communication(TM) Our commitment is to complement our cutting-edge products by providing support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services  from our technical and marketing experts which match the unique needs of every operator."

About Play

Play is the new brand of P4, which was set up by the Icelandic fund Novator and Polish alternative fixed-line operator on September 16, 2004. P4 was granted a UMTS (Universal Mobile Telecommunications System) The GSM implementation of the 3G wireless phone system. Part of IMT-2000, UMTS provides service in the 2 GHz band and offers global roaming and personalized features.  license in August 2005, with initial service launch in March, 2007. P4 is a distinctive player on the Polish market for mobile communications offering competitive facilities combined with new mobile broadband services. P4's different products and services are easy to understand, simple to use and both entertaining and relevant to deal with. P4 services reach out to corporate industries and to the individual consumer. For the individual consumer, P4 boasts a wide range of services and products that makes everyday a little bit more exciting. For business customers, P4 presents a wide range of services and products that all help to make a day at work a bit more fun and productive".

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 (1) See IP Multimedia Subsystem.

(2) (Information Management System) An early IBM hierarchical DBMS for IBM mainframes. IMS was widely implemented throughout the 1970s under MVS and continues to be used under z/OS.
 and converged network environments. Comverse is a subsidiary of Comverse Technology, Inc. (CMVT CMVT Converse Technology .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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  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 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
 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 ZYPS Zero Yield Puttable Securities (exchange offer)  indentures, including acceleration of repayment; risks of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called 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 the effects of 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 CSG - constructive solid geometry  Systems International, Netcentrex S.A. and Netonomy, Inc.; 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; 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 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.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 17, 2007
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