Comverse's Newest Center of Excellence: Magnet for Communications Professionals in Bulgaria

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WAKEFIELD, Mass., Oct. 2, 2013 (GLOBE NEWSWIRE) -- Comverse (Nasdaq:CNSI), the global leader in telecom business enablement, announced the expansion of its latest Comverse Center of Excellence (CCoE) in Bulgaria. The facility centralizes focus on all aspects of excellence regarding deployment of Comverse solutions in the EMEA region, and creates a dynamic research environment for development of innovative BSS, Digital & Value-Added Service capabilities. The CCoE also serves as Comverse's regional Managed Service operational hub.

In line with Comverse's growth strategy, the Bulgaria CCoE complements similar Comverse facilities in the Asia/Pacific region.

"Our core belief is that a global company serves its customers best by being close to them – listening, responsive – with empowered regional management for fast, efficient decision making and effective action," said Gani Nayak, SVP, Systems & Solutions at Comverse. "As we scale up our activities in line with our roadmap and managed services activities, the growth of this strategic site in close proximity to our EMEA customers gives us greater access to the rich pool of talent that distinguishes this region."

Working with communication service providers worldwide, Comverse has identified broad industry needs, and has developed a rich portfolio of solutions to address these needs: to reduce complexity and operational expenses; create a more positive user experience featuring consistency, choice and control; and quickly implement creative services to support emerging business models. The new CCoE in Bulgaria will play a strong role in the advancement of solutions, deployment and operational capabilities to benefit service providers in the region and around the globe.

"In accordance with the company's growth plans, the Bulgaria CCoE continues to recruit, and Comverse centers in other regions are scaling up activities as well, as we invest in a better and more vibrant future for service providers and their customers everywhere," said Nayak.

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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.

CONTACT: Sheila Ennis ICR for Comverse, Inc. 203-682-8338 sheila.ennis@icrinc.com

Source:Comverse, Inc.