WOODBURY, N.Y. June 8, 2004, Comverse, a unit of Comverse Technology, Inc. (NASDAQ: CMVT), and the world's leading supplier of software and systems enabling network-based multimedia enhanced communication services, today announced a licensing partnership agreement that will advance marketing of the Comverse i-mode™ server worldwide under the agreement with NTT DoCoMo, Inc. The i-mode server, an enabling element for each deployment of i-mode service, acts as a mobile gateway to facilitate fast, highly available mobile connectivity.
The i-mode service for mobile phone communications is changing the way people in Japan and other countries live and work. More than 41 million subscribers in Japan and over 2 million subscribers in other markets throughout most of Europe and Asia use i-mode Internet sites in many languages for online information, entertainment, gaming, email, and database services such as shopping, banking, dining, and ticket reservations.
"i-mode is a great service and a resounding consumer success that continues to grow in the European and Asian markets," commented Mr. Shigeru Sando, Managing Director, i-mode Global Business Development, NTT DoCoMo, Inc. "Comverse brings broad experience, expertise and a global support structure, making it an ideal partner to promote our joint vision of a new global communications culture in which people everywhere will use mobile terminals to access multimedia content and services through a borderless global network."
"Convenient access to highly interesting and useful content and applications is a key to realizing the potential of mobile communications," said Benny Einhorn, Chief Marketing Officer at Comverse. "We are pleased to work with NTT DoCoMo to facilitate aggressive i-mode market growth, and look forward to expanding our role in bringing i-mode service to the global user community."
About NTT DoCoMo
NTT DoCoMo is the world's leading mobile communications company with more than 48 million customers. The company provides a wide variety of leading-edge mobile multimedia services. These include i-mode™ the world's most popular mobile internet service, which provides e-mail and internet access to over 41 million subscribers, and FOMA™, launched in 2001 as the world's first 3G mobile service based on W-CDMA. In addition to wholly owned subsidiaries in Europe and North and South America, the company is expanding its global reach through strategic alliances with mobile and multimedia service providers in Asia-Pacific, Europe and North America. NTT DoCoMo is listed on the Tokyo (9437), London (NDCM), and New York (DCM) stock exchanges. For more information, visit www.nttdocomo.com.
Comverse, a unit of Comverse Technology, Inc. (NASDAQ: CMVT), is the world's leading provider of software and systems enabling network-based multimedia enhanced communication services. More than 400 wireless and wireline telecommunications network operators, in more than 100 countries, have selected Comverse's enhanced services systems and software, which enable the provision of revenue-generating value-added services including call answering with one-touch call return, short messaging services, IP-based unified messaging (voice, fax, and email in a single mailbox), 2.5G/3G multimedia messaging (MMS), instant communications, wireless information and entertainment services, voice-controlled dialing, messaging and browsing, prepaid wireless services, and additional personal communication services. Other Comverse Technology business units include: Verint Systems, a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence; and Ulticom, a leading provider of service enabling network software for wireless, wireline, and Internet communications. Comverse Technology is an S&P 500 and NASDAQ-100 Index company. For additional information, visit the Comverse web site at http://www.comverse.com.
All product and company names mentioned herein may be registered trademarks or trademarks of Comverse or the respective referenced company(s).
Note: This release may contain forward-looking statements that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for the company's products; changes in capital spending among the company's current and prospective customers; the risks associated with the sale of large, complex, high capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which the company operates; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with the company's ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of the company with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and its subsequent Quarterly Reports on Form 10-Q. These documents are available through the company, or through the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov. The company makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made.
i-mode and FOMA are trademarks or registered trademarks of NTT DoCoMo, Inc. in Japan and other countries. NTT DoCoMo's FOMA service is available only to subscribers in Japan.
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