Comverse Mobile Internet Gateway with Content Adaptation Service
Enables the Open Internet for Kyivstar Subscribers
BARCELONA, Spain--(Business Wire)--
Comverse, the world's leading supplier of software and systems
enabling network-based multimedia enhanced communication and billing
services, today announced that leading Ukrainian operator Kyivstar has
deployed the Comverse Mobile Internet Gateway (MIG) platform and
services in order to leverage the off-portal trend for its more than
23 million subscribers. Comverse MIG together with the Content
Adaptation Service powered by InfoGin, a leader in Web-to-mobile
content adaptation, enhances the mobile Internet experience with a
faster, more personal surfing experience on each website, optimally
adapted for handset display.
"Comverse solutions help us to benefit from the rapid growth of
the off-portal Internet," said Alexey Kireev, Head of Product
Development at Kyivstar. "Comverse MIG and Content Adaptation give us
the kind of robust mobile Internet experience that we have been
seeking. We are expecting user response to be reflected in significant
increases in mobile Internet adoption and usage."
Comverse Mobile Internet Gateway with Content Adaptation gives
users unbridled access to the open Internet with a user-friendly
format and intuitive navigation, adapting content from Internet
sources to the mobile device when required. MIG manages rapidly
expanding mobile data traffic growth and enables the operator to
easily launch new applications and services.
"Comverse is in the vanguard of the drive to make the Internet and
other content intuitive, enjoyable and cost-efficient for mobile users
in the Ukraine and all over the world," said Benny Einhorn, President
of Comverse EMEA. "The open mobile Internet is an integral resource
for users constantly seeking to satisfy their growing need for
content, entertainment and self-expression. Deployments of this
powerful platform at tier-1 operators like Kyivstar, who is also a
long-time billing and voicemail customer of ours, demonstrate that
Comverse is distinguished by its broad-ranging solutions and services
that propel operators of all sizes to stronger market positions via
greater revenue generation, operational efficiencies and competitive
differentiation."
About Kyivstar
The national mobile communications operator Kyivstar provides
services for more than 23.155 million subscribers (as of 01.12.2007),
covering territories where more than 99.9% of Ukrainian population
lives. Kyivstar network covers all the cities and towns and more than
28 thousand rural settlements, all main national and regional roads,
most of the sea and river shores of Ukraine. Kyivstar provides GPRS
services all over its coverage territory in Ukraine. Also the company
provides international GPRS-roaming services in 113 countries and
territories. In total for contract subscribers Kyivstar provides
roaming services in 184 countries and territories on five continents.
Kyivstar provides Ukrainian people with modern telecommunication
technologies at affordable prices. www.kyivstar.net
About Comverse
Comverse is the world's leading provider of software and
systems enabling network-based messaging and content value-added
services, prepaid, postpaid and converged billing and
IP communications. Comverse solutions generate revenues, strengthen
customer loyalty and improve operational efficiency for over 500
communication service providers in more than 130 countries. The
company's Total Communication(SM)portfolio facilitates personalized
lifestyles in an evolving connected world and is based on the
InSight(TM) Open Services Environment. Comverse's solutions support
flexible deployment models, including in-network, hosted and managed
services, and can run on circuit-switched, VoIP, IMS and converged
network environments. Comverse is a subsidiary of Comverse Technology,
Inc. (CMVT.PK). For more information, visit www.comverse.com.
All product and company names mentioned herein may be registered
trademarks or trademarks of Comverse or the respective referenced
company(s).
This release contains "forward-looking statements" under the
Private Securities Litigation Reform Act of 1995 that involve risks
and uncertainties. There can be no assurances 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 results of the investigation of the
Special Committee, appointed by the Board of Directors on March 14,
2006, of matters relating to the company's stock option grant
practices and other accounting matters, including errors in revenue
recognition, errors in the recording of deferred tax accounts, expense
misclassification, the possible misuse of accounting reserves and the
understatement of backlog; the impact of any restatement of financial
statements of the company or other actions that may be taken or
required as a result of such investigation or as result of the
company's VSOE evaluation; the company's inability to file reports
with the Securities and Exchange Commission; the effects of the
delisting of the company's Common Stock from NASDAQ and the quotation
of the company's Common Stock in the "Pink Sheets," including any
adverse effects relating to the trading of the stock due to, among
other things, the absence of market makers; risks relating to the
company's ability to relist its Common Stock on NASDAQ; risks relating
to alleged defaults under the company's ZYPS indentures, including
acceleration of repayment; risks of litigation (including the pending
securities class action and derivative lawsuits) and of governmental
investigations or proceedings arising out of or related to the
company's stock option practices or any other accounting
irregularities or any restatement of the financial statements of the
company, including the direct and indirect costs of such
investigations and restatement; risks related to Verint Systems Inc's.
merger with Witness Systems, Inc., including risks associated with
integrating the businesses and employees of Witness; risks associated
with integrating the businesses and employees of the Global Software
Services division acquired from CSG Systems International, Netcentrex
S.A. and Netonomy, Inc.; changes in the demand for the company's
products; changes in capital spending among the company's current and
prospective customers; the risks associated with the sale of large,
complex, high capacity systems and with new product introductions as
well as the uncertainty of customer acceptance of these new or
enhanced products from either the company or its competition; risks
associated with rapidly changing technology and the ability of the
company to introduce new products on a timely and cost-effective
basis; aggressive competition may force the company to reduce prices;
a failure to compensate any decrease in the sale of the company's
traditional products with a corresponding increase in sales of new
products; risks associated with changes in the competitive or
regulatory environment in which the company operates; risks associated
with prosecuting or defending allegations or claims of infringement of
intellectual property rights; risks associated with significant
foreign operations and international sales and investment activities,
including fluctuations in foreign currency exchange rates, interest
rates, and valuations of public and private equity; the volatility of
macroeconomic and industry conditions and the international
marketplace; the risk of declines in information technology spending;
risks associated with the company's ability to retain existing
personnel and recruit and retain qualified personnel; and other risks
described in filings with the Securities and Exchange Commission. The
company undertakes no commitment to update or revise forward-looking
statements except as required by law.
Investor/Business Press:
Comverse Technology, Inc.
Paul D. Baker, 212-739-1060
paul.baker@cmvt.com
or
Industry Press:
Comverse, Inc.
Julie Shafiki, 856-608-4601
julie.shafiki@comverse.com
Copyright Business Wire 2008
