Comverse Showcases 4G Monetization & Service Innov

WAKEFIELD, Mass., Oct. 21, 2013 (GLOBE NEWSWIRE) -- At the TM Forum Digital Disruption 2013 industry event in San Jose, California on October 28-31, Comverse (Nasdaq: CNSI ) will showcase disruptive BSS and value-added service (VAS) innovation that engages users by capturing the spirit and experience of today's digital lifestyle and accelerates entry of communication service providers (CSPs) into new revenue and market opportunities.

"Today's rapid pace of change has given birth to the concept of Disruptive Innovation –improvement that replaces aging technology with something better and more valuable, opening a door to entire new business opportunities and models," said Garrison Macri, Senior Vice President, Managing Director North America for Comverse, a global leader in telecom business enablement. "This aptly conveys the significance of the new Comverse ONE BSS release, which enables CSPs to capitalize on 4G/IP opportunities and social media insights, and Comverse's new Digital and Value Added Services offering, which supports seamless evolution towards IP-enabled services aligned with subscriber digital lifestyles."

Comverse's approach addresses the shift required to lead the market with advanced solutions that address the following immediate challenges:

• Evolving Communication Offerings: Safeguarding existing offerings while successfully introducing new, rich services
• Monetizing Digital Services: Achieving smart monetization, profitable co-opetitve strategies and customer experience management of digital services
• Embracing Social Networks: Leveraging the digital lifestyle of subscribers and becoming an integral part of it

To ensure seamless evolution, Comverse Global Services leverages extensive deployment, migration, operations and transformation experience, to efficiently deliver the promise of the Comverse portfolio – either directly or with systems integration partners.

Success Story: Agility in the Caribbean

Today's digital revolution has made IT transformation vital. In Case Study: IT Transformation – Foundation for Business Agility (October 30, 14:45) Macri and Paul De Gues, CEO, United Telecommunications Services (UTS) will analyze an instructive success story, giving insight into the key role BSS plays in the quest to secure agility and success in the profitable all-IP world.

Schedule a meeting with Comverse (Meeting Room F, and at the Comverse-sponsored VIP Reception) and start putting disruptive innovation to work for you.

About Comverse

Comverse is a leading global provider of telecom business solutions that enable communication service provider success in the hyper-connected world through service innovation and smart monetization. The company's proven and innovative product portfolio includes BSS, Policy Management (PCRF) and Enforcement and Digital & Value Added Services – all backed by Managed and Professional Services. Comverse's extensive customer base spans more than 125 countries with solutions successfully delivered to over 450 communication service providers serving more than two billion subscribers. Comverse's solutions are available in a variety of delivery models, including on-site, cloud, hosted/SaaS and managed services. For more information, visit www.comverse.com .

Statements included or incorporated by reference in this press release may contain "forward-looking statements." There can be no assurance 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 risks described in the section entitled "Forward-Looking Statements" Item 1A, "Risk Factors" and elsewhere in the company's Annual Report on Form 10-K filed with the SEC on May 16, 2013 or in subsequently filed periodic, current or other reports. The company undertakes no commitment to update or revise forward-looking statements except as required by law.

Thomas Sabol Comverse, Inc. +1- 781-224-8200