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Leading Industry Analyst Firm Positions Comverse in Leader's Quadrant for Integrated Revenue & Customer Management

Comverse, Inc. Logo

WAKEFIELD, Mass., Nov. 27, 2012 (GLOBE NEWSWIRE) -- Comverse® (Nasdaq:CNSI), the global leader in business enablement through BSS, mobile Internet, value-added and managed services, today announced that it has been positioned in the Leader's Quadrant by Gartner Research in its 2012 Integrated Revenue and Customer Management (IRCM) Magic Quadrant report.

Gartner's evaluation of the industry's leading BSS solution vendors focused on two comprehensive criteria: Completeness of Vision and Ability to Execute. Gartner identifies as Leaders those vendors who "engage in innovative projects and activities, carefully listening to their customer base. They are engaged in understanding the underlying and emerging patterns/trends in revenue and customer management activities, and direct their R&D resources and investments accordingly."

Comverse believes its understanding of what service providers require to compete successfully in today's market – and its demonstrated ability to deliver on that vision – earned it this placement in the Leader's Quadrant.

In the Magic Quadrant, Gartner notes important Integrated Revenue and Customer Management (IRCM) market drivers. "The proliferation of devices requires a single representation and view of the customer; the saturation of the market for mobile voice telephony in many markets leads to increasing focus on customer retention. Moreover, policy management, analytics and business intelligence are cited as increasingly important tools."

Addressing the Real Business Issues Faced by Service Providers

"This recognition of Comverse's leadership by Gartner is indeed an honor, highlighting how we have evolved our portfolio and processes to address the new needs of CSPs in the connected world, and how we work to anticipate and support future market dynamics," said Gabriel Matsliach, Senior Vice President, Chief Product Officer at Comverse.

"The recognition also reflects well on our customers, who are gaining value from our comprehensive portfolio of IRCM solutions – including 'out of the box' business processes and support for new business models," Matsliach continued. "Our customers, who have guided us to create multiple paths to convergence, continue to be key drivers of our vision."

About Gartner's Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Comverse

Comverse is the world's leading provider of software and systems for business enablement through converged billing and active customer management, mobile Internet, value-added and managed services. 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, cloud, hosted and managed services. Comverse is ranked number 55 in PwC's Global 100 Software Leaders based on research by Pierre Audoin Consultants. For more information, visit www.comverse.com.

The Comverse, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=15512

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 Registration Statement on Form 10 filed with the SEC on October 10, 2012 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: Paul D. Baker Comverse, Inc. paul.baker@comverse.com (212) 739-1060

Source:Comverse, Inc.