Read 04.06.03 Press Release Comverse Deal.doc text version

Press Release Contact: Peter Charland IPeria Inc. Phone: 781-238-8610 [email protected]

"IPeria and Comverse work together to deliver VoiceXML solutions to telecommunication providers"

Burlington, MA - June 4, 2003 - IPeria Inc., announced it has joined the application partner program of Comverse, a unit of Comverse Technology, Inc. (NASDAQ: CMVT), and the world's leading supplier of software and systems enabling network-based multimedia enhanced communications services. The agreement partners IPeria's VoiceXML applications with Comverse's open standards Media Server. Under the agreement, the VoiceXML-based communication applications will be certified with the Comverse Media Server and will be offered to telecommunications providers by Comverse. "Our relationship with Comverse strengthens IPeria's position in the communications market, by aligning us with the world leader in enhanced communications services solutions," said Rob Scott, president and CEO of IPeria. "This is a winning combination of Comverse's and IPeria's mix of features, technology and field-proven capabilities." "The combination of the two companies supporting VoiceXML and SIP standards confirms Comverse's commitment to open standards and creates new features and revenue-generating opportunities for our customers. We welcome IPeria to our partner program and look forward to working together," said Benny Einhorn, Chief Marketing Officer of Comverse. IPeria's application development team provides a variety of communications applications. These applications services are valuable in both legacy and NextGen telephone systems. IPeria provides communication applications with an open architecture that provides interoperability with shared resources and systems. This combination brings new efficiency and ease of use to personal and business communications. IPeria's applications are a scalable suite of architecturally open, standards-based voice communications applications designed to enable carriers to deliver compelling and profitable services to subscribers. Carriers can immediately differentiate their service offerings and gain new ways to win and hold subscribers. Subscribers receive a set of productivity-enhancing features that speed and enhance their daily communications. About IPeria IPeria is one of the market leaders in advanced communication applications based upon SIP, VoiceXML, and Open Standards. IPeria's application software offers a distinctive value proposition: a suite of communication applications plus an open architecture that provides interoperability with shared resources and systems. This combination brings new efficiency and ease of use to personal and business communications. Please contact IPeria at 781-993-3500 or visit us on the Web at http://www.iperia.com. About Comverse Comverse, a unit of Comverse Technology, Inc. (NASDAQ: CMVT), is the world's leading provider of software and systems enabling network-based multimedia enhanced communications services. More than 400 wireless and wireline telecommunications network operators, in more than 100 countries, have selected Comverse's enhanced services systems and software, which enable the provision of revenuegenerating value-added services. These include call answering with one-touch call return, short messaging services, IP-based unified messaging (voice, fax, and email in a single mailbox), 2.5G/3G multimedia messaging (MMS), instant communications, wireless information and entertainment services,

IPeria Inc. 77 South Bedford St. Burlington, MA 01803 www.iperia.com 781-993-3500

voice-controlled dialing, messaging and browsing, prepaid wireless services, and additional personal communication services. Other Comverse Technology business units include: Verint Systems, a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence; and Ulticom, a leading provider of service enabling network software for wireless, wireline, and Internet communications. Comverse Technology is an S&P 500 and NASDAQ-100 Index company. For additional information, visit the Comverse Web site at http://www.comverse.com.

IPeria Inc. 77 South Bedford St. Burlington, MA 01803 www.iperia.com 781-993-3500

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04.06.03 Press Release Comverse Deal.doc