Amdocs Extends Managed Services Agreement With Bell Canada

ST. LOUIS, Nov. 1 /PRNewswire-FirstCall/ -- Amdocs , the leading provider of software and services to enable integrated customer management and the intentional customer experience(TM), today announced an extension of its managed services relationship with Bell Canada to support billing services across the organization through 2012.

"The decision to extend our agreement with Amdocs further enhances our ongoing supply transformation efforts, while ensuring the continuity of our relationship," said Greg Kowal, senior vice president, Enterprise Systems and Billing Infrastructure, Bell Canada. "Amdocs will work with Bell to deliver a significantly improved customer experience while simplifying our billing operations."

"We are grateful for this reinforcement of our long-term relationship with Bell Canada and look forward to an ongoing partnership in the years ahead," said Michael Matthews, chief marketing officer of Amdocs. "As Bell continues to push into new next-generation services Amdocs will work hand in hand with Bell Canada to ensure that billing services meet the expectations of the company and its millions of customers across Canada."

About Amdocs

Amdocs combines innovative software and services with deep business knowledge to accelerate implementation of integrated customer management by the world's leading service providers. By delivering a comprehensive portfolio of software and services that spans the customer lifecycle, Amdocs enables service companies to deliver an intentional customer experience TM, which results in stronger, more profitable customer relationships. Service providers also benefit from a rapid return on investment, lower total cost of ownership and improved operational efficiencies. A global company with revenue of more than $2 billion in fiscal 2005, Amdocs has approximately 15,000 employees and serves customers in more than 50 countries around the world. For more information, visit Amdocs at http://www.amdocs.com/.

About Bell Canada

Bell Canada is Canada's national leader in communications with 28 million customer connections across the country. The company provides consumers with simple solutions to all their communications needs, including telephone services, wireless communications, high-speed Internet, digital television and voice over IP. Bell also offers integrated information and communications technology (ICT) services to businesses and governments, and is the Virtual Chief Information Officer (VCIO) to small and medium businesses (SMBs). Bell is proud to be a Premier National Partner and the exclusive Communications Partner to the Vancouver 2010 Olympic and Paralympic Winter Games. Bell is wholly-owned by BCE Inc. For information on Bell's products and services, please visit http://www.bell.ca/, and for corporate information on BCE, please visit http://www.bce.ca/.

Forward-Looking Statement

This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs' ability to grow in the business segments it serves, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future, however the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2005, filed on December 28, 2005 and our quarterly 6-K furnished on February 15, May 15 and August 15, 2006.

Media Contacts: Amdocs Runi Krishnamurty Access Communications for Amdocs Tel: +1-917-522-3507 E-Mail: rkrishnamurty@accesspr.com Bell Canada Paolo Pasquini Bell Canada Media Relations Tel: +1-416-581-4268 E-Mail: Paolo.pasquini@bell.ca