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Neil Montefiore Appointed to Comverse Board of Directors

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WAKEFIELD, Mass., Sept. 11, 2013 (GLOBE NEWSWIRE) -- Comverse, Inc. (Nasdaq:CNSI), a global leader in telecom business enablement, today announced that Neil Montefiore, recently retired CEO of StarHub Ltd., has been appointed to the company's Board of Directors.

Mr. Montefiore brings to Comverse more than 35 years of experience in the telecommunications industry and the Asian telecommunications market, with extensive leadership, operations, financial and strategy experience through his service as Chief Executive Officer and director of a significant number of telecommunication service providers.

"Neil is an outstanding addition to our board, and his leadership and experience in the telecommunications industry in general and the Asian market in particular will bring exceptional value to Comverse," said Henry R. "Hank" Nothhaft, Comverse's Chairman of the Board.

"I am delighted that Neil has joined our Board. He is a visionary whose achievements, technology acumen, and experience make him a strong addition to our board. His in-depth knowledge of telecommunications and global markets will be invaluable to Comverse as we leverage our global leadership position to facilitate the evolution to next generation telecommunications services," said Philippe Tartavull, Comverse's President and Chief Executive Officer.

"I have known Comverse for years as an innovative and reliable provider of world-class BSS and value added services solutions, and I look forward to working with the board to help guide the company to a successful future," said Neil Montefiore.

About Neil Montefiore

Neil Montefiore has over 35 years of leadership experience in the telecom industry. He served as CEO and director of StarHub Ltd. from 2010 until his retirement in 2013. From 1996 to 2009, he served as CEO of MobileOne Ltd., where he also served as a director from 2002 to 2009. Prior to that, Mr. Montefiore served in various executive roles at Hongkong Telecom CSL Ltd., Chevalier (Telepoint) Ltd., and the Cable and Wireless Group. He has also served as a director of M1 Shop Pte Limited, M1 Capital Limited, Wireless Intellect Labs Limited, and NetPlay TV plc. He holds a B.S. in Electrical and Electronic Engineering from the University of Portsmouth.

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.