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Comverse Inaugurates New APAC Center of Excellence in India

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WAKEFIELD, Mass., July 23, 2014 (GLOBE NEWSWIRE) -- Comverse (Nasdaq:CNSI), a global leader in digital services and monetization solutions, announced the inauguration of its new state-of-the-art Comverse Center of Excellence (CCoE) in Gurgaon, India.

The advanced CCoE facility is home to a team of highly talented experienced professionals committed to developing and enhancing world-class products and services that deliver more value to service providers and enterprises – particularly in APAC, the largest and fastest-growing communications market.

The CCoE expands and upgrades a dynamic Comverse presence spanning nearly two decades in India. Comverse leadership in the region has been independently validated: Comverse secured top honors as the largest BSS vendor in India – enhancing the quality of service and customer experience of many of the more than a billion residents in the world's most populous country.

The inauguration ceremony at the new facility took place yesterday, July 22, with key industry and media figures in attendance. The keynote address focused on the success of Comverse customers throughout the region, and outlined the vision and strategic mission of the dynamic research environment in key areas such as virtualization, cloud/SaaS services, the digital lifestyle experience, enterprise communications, agile enterprise billing, new business models, and managed services.

In line with Comverse's growth strategy and conviction that a global company serves its customers best by being close to them, the India CCoE complements similar Comverse facilities in other regions, such as the recently announced EMEA Comverse Center of Excellence in Bulgaria. The CCoE in India will play a key role in development of cutting-edge technology empowering service providers and enterprises to expand business models, boost revenues, cut costs and provide a differentiating customer experience.

"The new India CCoE exemplifies the focus on innovation and excellence that keeps Comverse at the core of the evolution of how the world communicates, exchanges information and monetizes the digital economy," said Balaji Iyer, Vice President of Systems & Solutions at Comverse. "Responsive to the evolving needs of telecoms and other digital business customers facing disruptive global changes, we are tapping into the vast talent pool here to develop and deliver best-in-class digital lifestyle solutions that address customer opportunities and expand success."

Contact us for more information about our solutions and employment opportunities.

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 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 April 16, 2014 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: Thomas Sabol Comverse, Inc. thomas.sabol@comverse.com +1-781-224-8200

Source:Comverse, Inc.