Telefonica Moviles Selects Comverse As Global Technological Partner

WOODBURY, NY & MADRID, SPAIN - Telefonica Moviles S.A. (NYSE: TEM) and Comverse, a unit of Comverse Technology Inc. (NASDAQ: CMVT), and a supplier of software and systems enabling network-based multimedia enhanced communications services, announced that Telefonica Moviles has selected Comverse as a global technological partner for messaging solutions. The global framework agreement allows Telefonica Moviles operating companies to use Comverse messaging solutions, which integrate voicemail, unified messaging and voice-controlled dialing. Telefonica Moviles Espana, the group's domestic Spanish operator, has already replaced part of its existing voicemail systems with Comverse's voice multi-service platform, which serves more than four million of the Spanish company's more than 18 million subscribers. The agreement provides the framework for Telefonica Moviles to deploy Comverse's service platform for messaging worldwide, offering clients similar services and applications globally. At the same time, the accord allows Telefonica Moviles to provide input into the design of new messaging solutions, in order to tailor the services to suit the needs of the group's operators. Ignacio Aller, Chief Operational Officer of Telefonica Moviles, said, "We are encouraging the adoption of Comverse's innovative solution because it provides the advantages necessary to implement our global strategy. Among these advantages are the integration of multiple services on the same platform, flexibility to accommodate our requirements and fast introduction of new services and features." Carmel Sofer, President of Comverse's World Group, said, "As Telefonica Moviles' global technological partner, we are pleased to offer for consideration our messaging solution to a potential market of more than 33 million subscribers worldwide. As we have done with so many other important service providers in key markets, we will collaborate with Telefonica Moviles to help improve its market share and position by giving Telefonica Moviles the ability to offer its customers a superior Total Communications experience based on services and innovation for which Comverse's solutions are known." As a global technological partner, Comverse will work closely with Telefonica Moviles to create the solid technological environment required to promote the evolution of products and the development of new applications and services.