UCell Uzbekistan Deploys Comverse Billing, Ringback Tone, and Call Completion Services

Comverse announced today that UCell Uzbekistan will begin offering new products and services to derive more revenues from voice calls and also improve the experience of mobile phone users with expanded prepaid billing features and ringback tones.

"Comverse’s solutions provide us with the features we need to handle new growth and enrich the user experience with choice, convenience, control and fun,” says Helge Raitanen, Chief Technical Officer at UCell, which is owned by TeliaSonera (Stockholm: TLSN.ST) and managed by the Fintur Holdings B.V. (a joint venture of TeliaSonera and Turkcell).

UCell subscribers now can find out who tried to call them when they were unreachable, even though a message was not left. In a similar fashion, another Comverse service can notify the calling subscriber as soon as the unreachable party becomes available in the network, eliminating the need for repeat dialing. In both cases, free text messages notify subscribers.

Comverse, the world's leading supplier of software and systems enabling network-based billing and value-added messaging and content services, developed the two services, aptly known as "Who Called” and "Notify Me,” to address the fact that roughly 30 percent of calls go unanswered. These services comprise a part of the Comverse Total Call Completion Solution, whose goal is to bring each call to a satisfactory and billable conclusion.

The new prepaid billing features offer more account management capabilities to UCell subscribers, such as providing balance notifications at the end of calls and the ability to replenish their balances via various services. Comverse Fun Dial™ Ringback Tone service lets users select music and other content for their callers to hear while waiting for calls to be answered.

Comverse’s real-time billing capabilities support UCell’s expanding portfolio of value-added services. "UCell is a forward-thinking operator that realizes just as value-added services can increase user satisfaction and generate growth, the correct billing approach helps turn billing and customer care into new opportunities for revenue and growth,” said Dror Bin, President of Comverse Products Group. "We look forward to broadening our longstanding relationship with UCell.”

About UCell

FE COSCOM LLC. is a part of TeliaSonera group and operates under UCell trademark in Uzbekistan. The company's main activity is the development of modern mobile communication system in GSM 900/1800 standard. The company was the first In Uzbekistan to launch 3G in testing mode. By January 2009 the company’s subscriber base exceeded 2.8 million.

About Comverse

Comverse is the world’s leading provider of software and systems enabling network-based messaging and content value-added services, prepaid, postpaid and converged billing, mobile advertising and IP communications. Comverse solutions generate revenues, strengthen customer loyalty and improve operational efficiency for over 500 communication service providers in more than 130 countries. The company's product portfolio facilitates personalized lifestyles in an evolving connected world and is based on the InSight™ Open Services Environment. Comverse’s solutions support flexible deployment models, including in-network, hosted and managed services, and can run on circuit-switched, VoIP, IMS and converged network environments. Comverse is a subsidiary of Comverse Technology, Inc. (CMVT.PK). For more information, visit www.comverse.com.

All product and company names mentioned herein may be registered trademarks or trademarks of Comverse or the respective referenced company(s).

This release contains "forward-looking statements” under the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances that any forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could affect the Company include: the results of the investigation of the Special Committee of the Board of Directors concluded on January 28, 2008, of matters relating to the Company’s stock option grant practices and other accounting matters; the impact of any restatement of financial statements of the Company or other actions that may be taken or required as a result of such investigation or as result of the Company’s evaluation of the application of GAAP in connection with the recognition of revenue; the Company’s inability to file reports with the Securities and Exchange Commission; the effects of the delisting of the Company’s Common Stock from Nasdaq and the quotation of the Company’s Common Stock in the "Pink Sheets,” including any adverse effects relating to the trading of the stock due to, among other things, the absence of market makers; risks relating to the Company’s ability to relist its Common Stock on NASDAQ; risks relating to alleged defaults under the Company’s ZYPS indentures, including acceleration of repayment; risks of litigation (including the pending securities class action and derivative lawsuits and any potential civil injunctive action by the Securities and Exchange Commission) and of governmental investigations or proceedings arising out of or related to the Company’s stock option practices or any other accounting irregularities or any restatement of the financial statements of the Company, including the direct and indirect costs of such investigations and restatement; 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; aggressive competition may force the Company to reduce prices; a failure to compensate any decrease in the sale of the Company’s traditional products with a corresponding increase in sales of new products; risks associated with changes in the competitive or regulatory environment in which the Company operates; risks associated with prosecuting or defending allegations or claims of infringement of intellectual property rights; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, investments in auction rate securities, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; the risk of declines in information technology spending; risks associated with the Company’s ability to retain existing personnel and recruit and retain qualified personnel. The Company undertakes no commitment to update or revise forward-looking statements except as required by law.