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Comverse Solution Meets Need For Higher Capacity At Spain’s Largest Wireless Operator

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 that Telefónica Móviles España, the operator of Telefónica Móviles Group (NYSE: TEM) in the Spanish market, has selected the Comverse Multimedia Messaging Service Center (MMSC) to be deployed side-by-side with a third party MMSC to support high-volume personal and application-based multimedia messaging in Spain.

Comverse MMSC features high capacity, efficient traffic management and a superior user experience enhanced by advanced content adaptation capabilities and legacy support of video, allowing recipients on non-video handsets to view video messages with the best presentation their handsets can yield for any given content.

Giuseppe Elli, President of Comverse Europe Division said, “As the largest wireless operator in Spain, with more than 18.6 million customers, Telefónica Móviles España’s selection of Comverse further strengthens Comverse’s position as one of the market leaders of MMSC, based on the demand for flexible high capacity side-by-side solutions.”

About the Comverse MMS Portfolio
Comverse Multimedia Messaging Service Center (MMSC) is a scalable telco-grade system, fully compliant with industry standards, for person-to-person, as well as application-to-person messaging of rich multimedia content. Built on the eXtensible Messaging Framework (XMF) and based on components of the Comverse InSight platform, the Comverse MMSC delivers advanced features and functionality on a compatible, open, and flexible platform. Comverse MMSC advanced transcoding capabilities and rules-based XMF deliver superior MMS terminal interoperability. Successfully deployed commercially throughout the world, Comverse MMSC is the choice of more and more service providers.

About Telefónica Móviles España
Telefónica Móviles España (www.empresa.movistar.com) is the operator of Telefónica Móviles Group in the Spanish market, where it has more than 18.6 million active customers at the end of second quarter 2004, and offers a comprehensive portfolio of data services and applications using the latest mobile technologies, including GPRS, MMS and UMTS. Last May 24th Telefónica Móviles España launched commercial UMTS video calls services and ‘Oficin@ MoviStar UMTS-GPRS’ service for all clients. Telefónica Móviles, S.A. manages all the Telefónica group's mobile operations throughout the world. It is one of the world's largest mobile telephony companies and leader in the Spanish- and Portuguese-speaking mobile telephony market, with an active customer base of 55,8 million. The company reported net profit of euros 1.607,9 billion in the end of 2003. Telefónica Móviles' shares are traded on the Spanish and New York Stock Exchanges under the ticker symbol TEM.

About Comverse
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. 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.




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