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

To: Mark Ambrose who wrote (1274)	1/4/2001 2:33:34 PM
From: Mark Ambrose	Respond to of 1331

Comverse Provides Mobile Data Applications Platform To Heilongjiang Mobile Communications biz.yahoo.com Wednesday January 3, 8:01 am Eastern Time Press Release Comverse Provides Mobile Data Applications Platform To Heilongjiang Mobile Communications WOODBURY, N.Y.--(BUSINESS WIRE)--Jan. 3, 2001--Comverse Network Systems, a division of Comverse Technology, Inc. (NASDAQ: CMVT - news), and the world's leading supplier of software and systems enabling network-based enhanced services, announced today that it has signed a contract with Heilongjiang Mobile Communications Co. Ltd. (HLJ MCC) to provide the company with a comprehensive mobile data applications platform. Under the terms of the agreement, Comverse will provide short messaging service, Cell Broadcasting and an expansion of HLJ MCC's present voicemail platform. Comverse will also provide HLJ MCC's mobile subscribers new value-added services including text messages, mobile banking, location-based information services, stock transactions, weather information and flight scheduling. ``Comverse is the leader in the field of enhanced services, and this contract signifies our endorsement of Comverse's technology and services as well as the beginning of a new era of cooperation,'' said Xue Yequ, General Manager of HLJ MCC. ``In light of China's upcoming WTO membership, we are especially pleased to be able to leverage Comverse's global experience in delivering enhanced services and its dedication to providing the best mobile Internet services.'' With a customer base of 2.2 million, HLJ MCC is the one of the largest provincial mobile operators in China. HLJ MCC is a subsidiary of the China Mobile Communications Group (CMCG), the largest mobile operator in China and one of the largest mobile operators in the world. ``We are delighted that HLJ MCC has chosen Comverse's technology and solutions for its mobile data applications,'' said Itsik Danziger, President of Comverse. ``This agreement with HLJ affirms our commitment to provide service providers with competitive differentiation to its customers in rapidly-expanding markets.'' About HLJ MCC Mobile Communications Co. Ltd. With a subscriber base of 2.2 million, HLJ MCC is one of the largest mobile operators in China. It provides mobile voice, data, and IP telephony and multimedia services. Additionally, HLJ MCC has recently been given authority to provide international networking services. CMCG developed from the Mobile Communications Bureau (MCB) of the Ministry of Posts and Telecommunications (MPT), which managed the state-owned mobile communications service business in China. As part of the process of economic reform and development of market economy, MPT was restructured to become the Ministry of Information Industry (MII) in late 1998. The MCB was spun off as CMCG. About Comverse Network Systems <snipped> For additional information, visit Comverse Network Systems' web site at comversens.com. About Comverse Technology, Inc. <snipped> Visit Comverse Technology's web site at comverse.com. -------------------------------------------------------------------------------- Contact: Investor/Business Press: Comverse Technology, Inc., Woodbury Paul D. Baker, 516/677-7226 or Industry Press: Comverse, Wakefield Barbara Krafte, 781/224-8626