Comverse ONE's Rich MVNO Capabilities to Support Cell C for
                 Strong Growth as a Wholesale MVNE

WAKEFIELD, Mass., Sept. 21, 2011 (GLOBE NEWSWIRE) -- Comverse, a global
leader in BSS, Mobile Internet, and Value-Added Services, today
announced that Cell C, a major South African mobile service provider
with more than 8 million retail subscribers, selected Comverse ONE(R)
Billing & Active Customer Management(TM) to support its strategic
wholesale business, with an immediate focus on supporting its Mobile
Virtual Network Enabler (MVNE) wholesale service branch.

"Cell C has ambitious plans in the wholesale arena within South
Africa," said Catherine Bieri, Executive of Wholesale at Cell C.
"Comverse ONE will empower Cell C to provide our MVNO (Mobile Virtual
Network Operator) base with innovative service offerings tailored to
their customers' needs and brand customization, with a consistent
customer experience across all touchpoints. We look forward to
servicing businesses of various shapes and sizes -- from niche brands
to large organizations, to many new MVNOs. This is an exciting time for
Cell C."

The Comverse ONE solution is distinguished by its extensive range of
advanced MVNE capabilities that span CRM, self service, order
management, rating, charging, revenue settlements and billing to
support wholesale retailers and MVNO/MVNE models. Specific capabilities
include data segmentation to drive branding and MVNO-specific
campaigns, flexible billing models such as direct billing or billing on
behalf, and configurable retailer/MVNO/MVNE specific end-to-end
business processes. The robust solution helps open doors to a rich
variety of business opportunities and partners for differentiation,
cash flow and growth.

"Cell C is way ahead of the curve, creating an ideal environment
enabling MVNOs to effectively and creatively address their distinctive
markets," said Franck Darmon, Comverse VP & GM of Western Europe &
Africa. "Comverse ONE positions Cell C for greater wholesale business."

About Cell C

Cell C (Pty) Ltd is one of four mobile network operators in South
Africa. It offers products and services to 8.2 million customers (as of
31 December 2010). With a network capable of providing voice, data and
multimedia communications, the company is committed to delivering to
subscribers a full range of services, based on the key principles of
affordability, accessibility and value for money. Cell C has invested
significantly in its network over the last year to expand its coverage
and provide high-speed broadband access using HSPA+ technologies. For
more information, please visit www.cellc.co.za.

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. (Pink Sheets: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, 2010 filed with the SEC on January
25, 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


CONTACT: Paul D. Baker
         Comverse Technology, Inc.
         paul.baker@cmvt.com
         (212) 739-1060