With Consolidation, AAPT Extends Comverse BSS Solution to
                    Support Wholesale Customers

WAKEFIELD, Mass., Nov. 15, 2011 (GLOBE NEWSWIRE) -- Comverse
(Nasdaq:CMVT), a global leader in BSS, mobile Internet and value-added
services, announced today that Australian operator AAPT has replaced
its legacy wholesale billing system with Comverse BSS, significantly
lowering operating costs and opening a myriad of voice and data service
possibilities for all of its user segments.

This replacement is the final stage of AAPT's successful billing
operations consolidation to Comverse BSS. Earlier phases of the project
delivered significant operational efficiencies, such as reduced bill
and invoice processing times. The current migration of wholesale
customers to the Comverse BSS platform should extend such efficiencies
across the entire subscriber base.

"Based on our successful longstanding partnership with Comverse, we
decided to retire our legacy system and move our retail and wholesale
customers to the Comverse BSS solution," said David Yuile, CEO, AAPT.

"The solution has saved us money by simplifying the complexities of
multi-play rating, freeing us to create attractive packages and
promotions with minimal effort and quick time to market. This enhances
the user experience for all of our business, government and now
wholesale customers. Comverse BSS has many advantages that we intend to
maximize."

Optimized for convergent markets, Comverse BSS delivers flexible and
powerful customer management, ordering, billing and revenue generation
applications. It gives CSPs the tools to manage every aspect of the
customer lifecycle -- from acquisition through order management to
charging and up-sell -- regardless of service: fixed, mobile, data,
content, cloud-based, and M2M.

"We take pride in the role we played assisting AAPT to establish itself
as a strong market success in Australia, and with this extension of the
partnership we are ready to move forward further," said Lionel
Chmilewsky, Senior Vice President, Head of Customer Facing Group at
Comverse. "We strive to understand and meet the unique needs and
business environment of each client. The strengths of the Comverse BSS
solution and the unparalleled support we provide to optimize
effectiveness often result in extensions of the relationship -- here
and around the world."

In addition to its prominent profile in the Australian continent, the
Comverse BSS solution supports more than 750 million active subscribers
across 85 countries for more than 200 telecom service providers
worldwide.

Click for more information about Comverse BSS.

About AAPT

AAPT is one of Australia's leading telecommunications companies,
offering local and long distance voice, mobile, data and Internet
services for business, government and wholesale customers, via its
extensive national fiber network. AAPT is 100% owned by Telecom New
Zealand, New Zealand's largest listed company and one of the top 20
largest listed companies on the Australian Stock Exchange. AAPT is one
of only three Australian telecommunications providers to own and
operate a national voice and data network.

With one of Australia's most extensive and highest-quality IP networks,
AAPT's dedicated focus is on creating a position for customers to
experience a telecommunications partnership unmatched by others.

About Comverse

Comverse is the world's leading provider of software and systems
enabling converged billing and active customer management, mobile
Internet, and value-added services. Comverse's extensive customer base
spans more than 125 countries and covers over 450 communication service
providers serving more than two billion subscribers. The company's
innovative product portfolio enables communication service providers to
unleash the value of the network for their customers by making their
networks smarter. Comverse's solutions support flexible deployment
models, including in-network, cloud, hosted and managed services.
Comverse, ranked number 55 in PwC's Global 100 Software Leaders based
on research by Pierre Audoin Consultants, is a subsidiary of Comverse
Technology, Inc. (Nasdaq:CMVT). For more information, visit
www.comverse.com.

The Comverse Technology logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7454

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 for
the fiscal year ended January 31, 2011 filed with the SEC on May 31,
2011 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 Technology, Inc.
         paul.baker@cmvt.com
         (212) 739-1060