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

To: KLH who wrote (409)	4/14/1998 1:36:00 PM
From: Mark Ambrose	Respond to of 1331

CMVT selected for SFR's digital wireless GSM network in France. quicken.com ---------------------------------------------------------------------- Monday, April 13, 1998 07:58 AM > WOODBURY, N.Y.--(BUSINESS WIRE)--April 13, 1998--Comverse Network Systems, a division of Comverse Technology Inc. (NASDAQ: CMVT), and the world's leading supplier of enhanced services platforms, today announced it has been selected by Societe Francaise du Radiotelephone (SFR) for nationwide deployment of voice/text messaging systems throughout SFR's digital wireless Global System for Mobile Communications (GSM) network in France. Terms were not disclosed. Comverse Network Systems has completed an initial phase of installations in the SFR network, with systems currently providing call answering and short text message service. Nationwide deployments are scheduled throughout 1998, to support messaging services throughout SFR's growing GSM network, which currently serves more than 2 million subscribers. The Comverse-enabled enhanced wireless services allow SFR's GSM subscribers to receive messages in a voice mailbox. Subscribers are notified when messages are received. The short message service center allows the display of brief alphanumeric text messages on the wireless handset. "We are very pleased to have our enhanced services platforms selected by SFR for their GSM digital wireless network," said Kobi Alexander, chairman, president and CEO of Comverse Technology. "This provides further confirmation of Comverse Network Systems' position as the world's leading supplier of enhanced services platforms in general, and specifically as the leader among GSM wireless network operators, with over 90 GSM-based customers." Comverse Network Systems' Access NP(R) and TRILOGUE(R) INfinity(TM) lines of enhanced services platforms enable wireline and wireless telecommunications network operators to offer a range of revenue-generating multimedia messaging and information services to business and residential users. These services include call answering, voice/fax mail, audiotex, fax-on-demand, interactive voice response, short text message service, virtual phone/fax, and next-generation Advanced Intelligent Network-based personal communications services such as personal number, pre-paid services, one-touch call return, call screening/caller introduction, mobile attendant and voice dialing. Comverse Network Systems is the worldwide enhanced services platform market leader serving over 250 network operator customers in more than 65 countries. Through its Comverse Information Systems division, Comverse Technology provides digital monitoring systems marketed to law enforcement and intelligence agencies under the name AUDIODISK(R) and digital recording systems marketed to call centers, financial institutions and other organizations under the name ULTRA(TM). For additional information, you may visit Comverse Network Systems' WEB site at comversens.com or Comverse Technology's WEB site at comverse.com CONTACT: Comverse Technology, Inc. Paul D. Baker, 516/677-7200 or Comverse Network Systems, Inc. Lynne Dacey, 781/246-9000

To: KLH who wrote (409)	4/20/1998 10:31:00 PM
From: Eve Edelson	Read Replies (1) \| Respond to of 1331

Re: Israeli R&D budget worries FWIW, I asked a friend in a large investment firm who specializes in Israeli companies about this. The response was casual, the gist being that the specter of R&D budget cuts comes up every few years but is considered more a problem for small companies that might not make it without such support. I think CMVT has passed that point, and has too big a footprint elsewhere. For me, the large institutional ownership is more of a concern. But as always, time will tell. cheers