Amdocs Receives INTERNET TELEPHONY(R) Magazine's 'Product of the Year' Award for 2005

ST. LOUIS, Feb. 8 /PRNewswire-FirstCall/ -- Amdocs , the leading provider of software and services to enable integrated customer management and the intentional customer experience(TM), announced today that the Amdocs IP Convergence Solution for IPTV was named "2005 Product of the Year" by Technology Marketing Corporation (TMC(R))'s INTERNET TELEPHONY(R) magazine (http://www.itmag.com/). INTERNET TELEPHONY has been the VoIP Authority Since 1998(TM).

The Amdocs IP Convergence Solution for IPTV incorporates the Amdocs billing, CRM, ordering, payment mediation, and self service products, combined with consulting and systems integration services. By integrating these products into one comprehensive solution, carriers can provide a seamless experience whether customers order a video on demand through the on-screen interface or log a service complaint via the Web.

"The telecommunications industry is undergoing massive change as a result of convergence and consolidation," said Michael Matthews, chief marketing officer of Amdocs. "To compete, service providers need to transform themselves into entertainment and communications companies and introduce a variety of new IP-based services. To be successful in that transformation, communications service providers must create a customer experience that is intentional and consistent, building loyalty and customer profitability."

"Each year INTERNET TELEPHONY magazine bestows its Product of the Year awards on companies that have demonstrated excellence in technological advancement and application refinements. Amdocs has demonstrated to the editors of INTERNET TELEPHONY that its products or services are committed to quality and innovation while addressing the real needs in the marketplace," said Rich Tehrani, Group Publisher and Editor-in-Chief of INTERNET TELEPHONY.

The Product of the Year Award winners for 2005 will be highlighted in the January and February 2006 issues of INTERNET TELEPHONY magazine.

About TMC(R)

Celebrating more than 30 years as a leading publisher, Technology Marketing Corporation (TMC(R)) publishes Customer Inter@ction Solutions(R) and INTERNET TELEPHONY(R) magazines, Web portal TMCnet.com, and the online publications SIP(TM), Speech-World(TM), VoIP Developer(TM), WiFI Telephony(TM), WiMAX(TM), Alternative Power(TM) and BiometriTech(TM). TMC(R) is also the first publisher to test new products in its own on-site laboratories, TMC(R) Labs. TMC(R) produces INTERNET TELEPHONY(R) Conference & EXPO, VoIP Developer Conference(TM) and Global Call Center Outsourcing Summit(TM). TMC offers live and online certification programs through TMC University. TMCnet.com publishes more than 14 online newsletters. Visit http://www.tmcnet.com/ for details.

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 $2.039 billion in fiscal 2005, Amdocs employs about 12,000 IT professionals and serves customers in more than 50 countries around the world. For more information, visit Amdocs at http://www.amdocs.com/.

Amdocs 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.

Media Contacts: Amdocs Runi Krishnamurty Access Communications for Amdocs Tel: +1-917-522-3507 E-Mail: rkrishnamurty@accesspr.com TMC Andrew Katz TMC Tel: +1-203-852-6800, ext. 279 E-Mail: akatz@tmcnet.com

FCMN Contact: kpagliara@AccessPR.com