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Technology Stocks : Comverse Technology -- Ignore unavailable to you. Want to Upgrade?

To: NotNeiderhoffer who wrote (802)	8/3/1999 9:14:00 AM
From: Beltropolis Boy	Read Replies (1) \| Respond to of 1331

eis igian! (a greek toast if i'm not mistaken) ----- Comverse Network Systems Selected By The Hellenic Telecommunications Organization of Greece -OTE- To Supply Enhanced Services Platforms August 3, 1999 08:11 AM WOODBURY, NY--(BUSINESS WIRE)--Aug. 3, 1999--Comverse's Systems To Enable Enhanced Messaging Services To Over One Million Of OTE's Customers Nationwide Comverse Network Systems, a division of Comverse Technology, Inc. CMVT , and the world's leading supplier of enhanced services platforms to wireless and wireline network operators, today announced that it has been selected by The Hellenic Telecommunications Organization S.A. (OTE), the national telecommunications provider of Greece, for the deployment of messaging systems at sites throughout the country. Under the terms of the agreement, Comverse Network Systems will provide enhanced services platforms for deployment throughout Greece. The systems initially will enable voice mail, fax messaging, call completion, and other advanced messaging services to over 1 million wireline subscribers nationwide. Itsik Danziger, President and Chief Operating Officer of Comverse Network Systems, said, "Comverse's selection by OTE, one of the leading telecommunications providers in Europe, provides further evidence of the strength of Comverse's partnerships with the world's leading telecommunications providers, particularly as OTE seeks to expand its business both within Greece and throughout Europe." Comverse won the contract through its partnership with Intracom. About The Hellenic Telecommunications Organization OTE is Greece's state-owned telecommunications provider, offering a full range of services to customers throughout Greece, as well as international telecommunications. In addition to public telephone services, OTE offers mobile telecommunications, ISDN and Internet, data communications, paging, leased lines, and sales of equipment. OTE is the largest listing on the Athens Stock Exchange. In December of 1998, OTE became the first Greek company to be listed on the New York Stock Exchange.