Mirs Readies to Deploy Comverse ONE(R) Billing and Active
         Customer Management(TM) and All-IP VAS Solutions

WAKEFIELD, Mass., Nov. 1, 2011 (GLOBE NEWSWIRE) -- Comverse
(Nasdaq:CMVT), a global leader in BSS, mobile Internet and value-added
services, and veteran Israeli operator Mirs Communications today
jointly announced that Mirs has selected the Comverse ONE(R) Billing
and Active Customer Management(TM) solution, and Comverse VAS
next-generation voice, text and multimedia solutions to optimize and
leverage the capabilities of its new UMTS network.

The smart single-data-model BSS system, the first of its kind to be
launched in Israel, will simplify work and business processes and
upgrade the end-user experience through a broad variety of advanced and
innovative services, with a complete and consistent view of users and
full billing transparency.

Mirs Communications has been finalizing preparations in recent months
for the launch of its new cellphone network after winning the auction
for the frequencies from the Ministry of Communications. The deployment
of the advanced Comverse ONE BSS solution to optimize and leverage the
capabilities of the third-generation network (UMTS) is a key part of
the transformation, making it the most advanced network in Israel.

The launch of the new advanced 3G network alongside the iDEN network
currently serving hundreds of thousands of subscribers, with the
support structure of Comverse ONE and Comverse VAS, is expected to
significantly upgrade the customer experience, featuring a wide range
of innovative services, administrative and business speed and
flexibility, and attractive pricing plans.

The Comverse ONE solution will provide a powerful user experience
focused on the customer. It will enable real-time billing, central
management of a broad range of products and services, and more. It will
streamline business processes across the entire organization, from
customer relationship management (CRM) to the billing systems, and will
improve every aspect of the customer lifecycle -- from procurement,
through order management, collection and sale according to customer
preferences and needs.

In addition, Mirs chose Comverse all-IP-based next-generation VAS,
offering users the latest capabilities and enhanced services in the
Voice, SMS and multimedia/MMS realms.

Mirs CTO Avi Patir said, "To succeed in the UMTS world and
simultaneously improve the customer experience in the iDEN world, we
turned to Comverse, the world leader in BSS and value-added services,
with a significant local presence. In addition to our longstanding
connection and relationship with them, we determined that their
products, services and advanced technology make Comverse the company
with whom we want to advance into the world of UMTS."

Patir added, "I want to take this opportunity to thank all of the
people in our company, and of course also in Comverse, who worked day
and night on the definition of the system that will provide our users
with new standards of service now and into the future."

"We chose Comverse, among other reasons, due to their client-centered
approach, allowing us to more quickly achieve the objectives that we
set for ourselves with the new network launch in early 2012," said
Abrasha Burshtein, CEO of Mirs. "The new system is consistent with the
Mirs policy to work with leading companies in the industry to enable
our new and existing customers to enjoy the newest and most advanced
cellular network."

"Comverse was selected after a comprehensive evaluation process taking
into consideration project capabilities, TCO, innovation, and
aggressive project time lines," said Roni Levy, Head of the BSS
Business Unit at Comverse. "We embrace the challenge to be a fully
supportive partner now and in the long term. From our extensive
experience with Mirs, we know that as this award-winning and socially
committed operator becomes a more versatile and dominant player in the
Israeli market, its customers can look forward to uncompromising
quality and unparalleled innovation."

About Mirs Telecommunications

Mirs was established in 1994 in order to provide advanced communication
services. The Company was acquired during 2010 by the ALTICE Group,
which specializes in operating companies in the telecommunication field
across many countries in the world. Mirs employs more than 1,100 people
and provides cellular services to customers across the country in the
private, business, institutional, municipal and security-related
sectors, including walkie-talkie services and a wide variety of added
value services tailored to the managerial and operational needs of its
customers. www.mirs.co.il

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