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

To: Eve Edelson who wrote (449)	6/1/1998 9:37:00 AM
From: Beltropolis Boy	Respond to of 1331

>Thanks for the report Chris da nada; here's the latest press release. Comverse Technology's Network Systems Division Selected by Wuhan Telecom Bureau To Supply Enhanced Services Platforms for Voice Messaging Services in China's Hubei Province WOODBURY, N.Y.--(BUSINESS WIRE)--June 1, 1998 Contract Valued at Approximately $5 Million Comverse Network Systems, a division of Comverse Technology Inc. CMVT , and the world's leading supplier of enhanced services platforms, today announced it has been selected by Wuhan Telecom Bureau for deployment of voice messaging systems in China's Hubei Province. The initial order is valued at approximately $5 million. The Comverse network-based system will allow Wuhan wireless and wireline customers to subscribe to a variety of messaging services including call answering, voice messaging, virtual telephone, bulletin board, reminder service and special delivery. "We are pleased to have our enhanced services platforms selected by Wuhan Telecom Bureau for their telecommunications network," said Kobi Alexander, chairman, president, and CEO of Comverse Technology. "This new relationship is key in our overall strategy for continued growth in this critically important marketplace and provides further confirmation of Comverse Network Systems' position as the world's leading supplier of enhanced services platforms." 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. investor.msn.com