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NEW YORK, NY,   March 8, 2005

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 Perú, the Perúvian subsidiary of Grupo Telefónica Móviles (NYSE:
TEM) and the leading wireless services provider in Perú, has selected
Comverse to provide its Voicemail and Multimedia Messaging Service Center
(MMSC) solutions. As the largest mobile operator in Perú, 2.1 million
subscribers (December, 2004 figures) will now have access to enhanced user
communication services available with Comverse's Voicemail and MMSC

Deployed in operator networks around the world, the comprehensive and
advanced call completion capabilities of the feature-rich Comverse
Voicemail platform improve the user experience and increase subscriber
satisfaction, as well as the potential to increase billable minutes for

Designed for the growing demand for MMS services, the Comverse MMSC is an
industry-leading telco-grade platform that is easy for the operator to
deploy and use. The Comverse MMSC enables communication the way it's meant
to be: expressive, immediate, compelling and fun.

"Telefónica Móviles Perú delivers applications that offer our subscribers
the latest developments in the wireless market and the most expressive and
enjoyable user experience in line with Telefónica's long term commitment
with the development of the Peruvian telecommunications sector," said Mr.
Luis Fernández, Chief Technical Officer at Telefónica Móviles Perú.
"Comverse's advanced communication solutions will allow us to maintain the
highest levels of network performance and customer satisfaction in the
Perúvian market."

"Comverse's Voicemail and MMSC solutions will enhance Perúvian subscribers'
ability to communicate in nearly every format imaginable," stated Mr.
Javier Jimenez, VP and General Manager Latin America at Comverse. "This
partnership with Telefónica Móviles Perú represents Comverse's efforts to
further extend our global reach by offering advanced call completion and
messaging solutions."

eXtensible Messaging Framework (XMF) technology enables Comverse MMSC to be
easily modified to support new services and new technologies - without
rewriting code or requiring downtime. Advanced multimedia content
adaptation capabilities solve interoperability challenges between MMS
handsets, and also assure seamless interoperability between MMS and email
and to other messaging services.

About Telefónica Móviles Perú

Telefónica Móviles Perú is the leading wireless operator in the Perúvian
market, with 2.1 million customers at December, 2004. It became the first
company to commercially launch its third generation technology in Perú
(CDMA 2000 1XRTT), which is currently used by 32% of its customer base. Its
growth and profitability reinforce its position as one of the strongest
companies in Perú.

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. These value-added enhanced
services solutions, along with the company's real-time billing solutions,
comprise the company's Total Communication portfolio. Comverse's Total
Communication portfolio addresses four primary categories: call completion
and call management solutions; advanced messaging for groups, communities
and person-to-person communication; solutions and enablers for the
management and delivery of data and content-based services; and real-time
billing and account management solutions for dynamic service environments.
Other Comverse Technology business units include: Verint Systems, a leading
provider of analytic software-based solutions for communications
interception, networked video security, and business intelligence; and
Ulticom, a leading provider of service enabling signaling software for
wireline, wireless and Internet communications. Comverse Technology is an
S&P 500 and NASDAQ-100 Index company. For additional information, visit the
Comverse Web site at

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