WAKEFIELD, Mass., Nov. 12, 2013 (GLOBE NEWSWIRE) -- Comverse (Nasdaq:CNSI), a global leader in telecom business enablement, announced today that Comverse Data Management and Monetization (DMM) Policy Manager (PCRF) Extended with Analytics has received the Bronze Stevie® medal in the Best New Product or Service of the Year category in the 10th Annual International Business AwardsSM.
The Comverse DMM marketing-oriented policy creation tool – Policy Studio – has been extended with analytics. The first product to tightly link Policy (PCRF) and powerful analytics capabilities, this revolutionary prize-winning solution empowers marketers to utilize advanced subscriber and network intelligence to improve and fine-tune data plans and promotions, providing new levels of personalization. With trends and behaviors analyzed at all stages in the network, service providers can significantly improve the effectiveness and success of new broadband plans and minimize the margin of error of marketing offers introduced to market.
"The 2013 International Business Awards are noteworthy for featuring the best collection of entries we have ever received," said Michael Gallagher, president and founder of the Stevie Awards. "The judges have been unanimous in their comments about the quality of achievements, and the expertise with which they were portrayed, in the nominations we received this year. We extend our most heartfelt congratulations to this year's Stevie Award winners."
"Comverse Data Management and Monetization (DMM) Policy Studio Extended with Analytics gives service providers new dimensions of knowledge and power to create compelling user experiences and generate new revenues," said Gabriel Matsliach, SVP, Chief Product Officer at Comverse. "Helping service providers make the most of the vast mobile data potential is a key Comverse mission, and this esteemed industry award independently validates our ongoing success in doing so.
"Winning this Best New Product or Service of the Year award extends the tradition of innovation and achievement that has been a hallmark of Comverse's industry leadership throughout our broad portfolio of solutions and services for three decades."
To learn more about the evolution of policy creation tools and their role in creating differentiation, get the complimentary Heavy Reading White Paper Policy Creation Reinvented: The Key to Service Differentiation.
About the Stevie Awards
Stevie Awards are conferred in four programs: The International Business Awards, The American Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. www.StevieAwards.com
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.
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