updated 9/8/2010 8:46:30 AM ET 2010-09-08T12:46:30

WAKEFIELD, Mass., Sept. 8, 2010 (GLOBE NEWSWIRE) -- Comverse has expanded its Business Support System (BSS) Solution to meet Vietnamobile's growing prepaid subscriber base. Vietnamobile, a partnership of Hanoi Telecom and Hutchison Telecom, launched its GSM services in April 2009 and has achieved a large growth in prepaid users in Vietnam's growing mobile market.  

"Comverse's real-time billing solution has well supported our rapid deployment of attractive prepaid services in the market," said Kashif Jan, Information Technology Director of Vietnamobile.

Comverse's real-time billing solution serves as a real-time marketing engine for mobile operators. It offers advanced personalization capabilities, a la carte service-plan customization, and usage-driven automated marketing promotions that enable operators to increase revenues, profitability and subscriber loyalty. The solution also provides operators with the ability to quickly create and launch service offerings to both broad and targeted market segments while providing self-service options to end users.

"Vietnamobile's expansion of Comverse's BSS Solution after only one year of service is further validation of the ability of our real-time billing platform to meet the business needs of mobile operators in competitive and high-growth markets," said Dror Bin, President of Global Sales at Comverse, the world's leading supplier of software and systems enabling value-added messaging and content services, converged billing and active customer management, and IP communications.

"Our system provides Vietnamobile with the necessary customer acquisition capabilities, operational efficiencies and scalability," Bin said, "to support its ambitious business strategy."

About Comverse

Comverse is the world's leading provider of software and systems enabling value-added services for voice, messaging, mobile Internet and mobile advertising; converged billing and active customer management; and IP communications. Comverse's extensive customer base spans more than 125 countries and covers over 450 communication service providers serving more than two billion subscribers. The company's innovative product portfolio enables communication service providers to unleash the value of the network for their customers by making their networks smarter. Comverse's solutions support flexible deployment models, including in-network, hosted and managed services, and can run on circuit-switched, IP, IMS or converged network environments. Comverse is a subsidiary of Comverse Technology, Inc. (Pink Sheets:CMVT).  For more information, visit www.comverse.com .

The Comverse Technology logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7454

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. Important factors that could affect the statements contained herein include: 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; and risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis. The company undertakes no commitment to update or revise forward-looking statements except as required by law.

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