Comverse Expands Cloud Offering to European Service Providers

Comverse's Newest European Data Facility Powering Cloud-Based VAS and Advanced Digital Services

Key Takeaways

• Comverse inaugurates new ultra-modern data center in Europe to accommodate growing customer demand for cloud/ virtualized solutions
• In parallel, Comverse expands availability of SaaS subscription-based models of its leading VAS, Evolved Communication Suite and BSS offerings
• Cloud-based SaaS engagement models enable communication service providers (CSPs) to upgrade existing services and launch compelling new services at reduced cost and risk, with fast time to monetization

WAKEFIELD, Mass., Oct. 20, 2014 (GLOBE NEWSWIRE) -- Comverse CNSI, a global leader in business enablement solutions for service providers and enterprises, inaugurated its new ultra-modern data center facilities in Europe – an integral part of Comverse's global network of cloud operations facilities supporting SaaS subscription-based models of its leading VAS, Evolved Communication Suite (ECS) and BSS offerings.

Comverse is experiencing growing interest from existing and new customers seeking to migrate from on-premises solutions. Cloud-based SaaS engagement models enable communication service providers (CSPs) to enhance the customer experience by upgrading existing services and launching a wide range of compelling new services at reduced cost and risk, with fast time to monetization. A number of European CSPs are currently in discussion with Comverse for solutions with cloud-based delivery models.

The new European cloud facility in Bulgaria leverages Comverse's cloud expertise to provide voicemail, SMS, MMS, and call completion, as well as new digital services, RCS, VoIP and video, in SaaS models. These can be extended with visual voicemail, social network connectivity, archiving services and beyond.

"Comverse's core underlying principle is to bring maximum value to our customers. For more than thirty years we have been helping CSPs and enterprises rise above their competition by monetizing their unique assets and deploying attractive new services and business models – all while reducing costs," said Gani Nayak, Senior Vice President, Systems & Solutions at Comverse. "Comverse's investment in and expansion of our cloud capabilities advances our vision of providing the newest and best services cost efficiently to CSPs and enterprises of all sizes in Europe and worldwide."

Learn more about how Comverse's robust and scalable cloud and SaaS offerings provide fast, low-risk cost-effective access to a wide range of innovative digital services and monetization solutions at minimum risk and maximum value and meet us at Rich Communication 2014 in Berlin October 28-29.

About Comverse

At the core of the evolution of how we communicate, exchange information and monetize the digital world, Comverse enables the creation and monetization of innovative digital services for telecom and enterprise service providers through its proven and innovative product portfolio that includes managed BSS and Policy (PCRF), Enterprise and Cloud Billing, 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.