Andreas (Andy) Herzog Named to Head Comverse Managed Services Organization

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WAKEFIELD, Mass., Aug. 15, 2013 (GLOBE NEWSWIRE) -- Comverse (Nasdaq:CNSI), the global leader in telecom business enablement, today announced that Andreas (Andy) Herzog has been named to lead the Comverse Managed Services organization.

Mr. Herzog brings to Comverse Managed Services deep knowledge and industry-recognized experience in managed/transformation services, from definition of the value proposition to proactive market creation and development, successful contract acquisition and implementation of a global managed services delivery strategy and structure.

"In today's competitive landscape, service providers turn to managed services to energize their business results, helping them to do more, faster and with less," said Gani Nayak, Comverse SVP, Systems & Solutions. "Comverse Managed Services has garnered vast experience deploying and managing systems over the years, and the addition of Andreas Herzog, one of the most accomplished and respected individuals in the managed services field, positions us better than ever to serve our customers and enable them to maximize their success."

"With an effective transformation/ managed services solution, service providers can get more from existing assets – enabling innovation, improving the customer experience and streamlining operations to reduce costs," said Herzog. "I look forward to generating significant new growth and value for Comverse customers through business transformation and innovative managed services business models."

About Andreas Herzog

Andreas Herzog has over 25 years of experience in the telecom industry. He was most recently doing consulting for firms needing transformation and managed services, drawing from his experience and best practices to generate high value for his clients. Prior to this, he served for nearly two decades at Alcatel-Lucent, most recently as the President of the Managed Services Division. Prior to his work at Alcatel-Lucent, Andy served as the Chief Technical Officer for United Telecom Investment (UTI), implementing technical and commercial operations of state of the art fixed telecom networks in Europe. Mr. Herzog was awarded a Masters degree in Computer Science from the University of Linz in Austria.

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: Paul D. Baker Comverse, Inc. paul.baker@comverse.com (212) 739-1060

Source:Comverse, Inc.