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ST. LOUIS, MO. - March 18, 2008 - Amdocs (NYSE: DOX), Amdocs (NYSE: DOX), the leading provider of customer experience systems, today announced that VELTON.TELECOM, a wireless, wireline, and Internet service provider in the Ukraine, has selected the Amdocs Compact Convergence suite to support its rapidly growing operations and the launch of new services, as it transforms into a triple-play service provider. As a result, VELTON.TELECOM can deliver Voice over Internet Protocol (VoIP) and Internet Protocol Television (IPTV) services and its current wireless voice and fixed line services on a single billing, customer care and service delivery platform. Additionally, VELTON TELECOM can offer its customers flexible prepaid and postpaid plans across their networks.
The Amdocs Compact Convergence suite is an integrated, network-connected product suite that includes customer support and self-care functionality, convergent real-time charging and powerful service enablement capabilities allowing VELTON.TELECOM to deliver services and accept multiple payment methods across a variety of networks. The suite will help VELTON.TELECOM rapidly and cost-effectively launch new services to its customer base and quickly design, create, launch and manage a wide range of value-added-services.
"Using Amdocs Compact Convergence, we will transform our business with the operational flexibility and agility we need to support our rapid growth in the Ukrainian market," said Sergey Shibanov, chief executive officer of VELTON.TELECOM. "The Amdocs convergent solution will enable us to provide our customers with one bill, a much better and broader service offering, more pricing options, and an enhanced and personalized customer experience."
"The Amdocs Compact Convergence suite gives VELTON.TELECOM a cost-effective solution for customer charging and a flexible solution to dramatically reduce time to market for new services," said Charles Born, vice president of corporate communications for Amdocs. "This rich customer experience can help VELTON.TELECOM strengthen its competitive advantage and grow revenue in the Ukrainian market."
The Amdocs Compact Convergence Suite is an integral part of the Amdocs Customer Experience Systems (CES) product portfolio. Introduced in January 2008, the Amdocs CES portfolio enables service providers to make the transformation from suppliers of network utilities to purveyors of a digital lifestyle.
About VELTON.TELECOM
VELTON.TELECOM, a major operator of fixed line communications in Ukraine not controlled by the state, has been actively developing its telecommunication networks in various regions of Ukraine for more than fourteen years. VELTON.TELECOM focuses its business activities on the development of standard wireline communications, CDMA cellular communications, transport networks, and multiservice sites of access to broadband services (IP-telephony, Internet, IPTV) based on the state-of-the-art wireline and wireless technologies. Modern communication networks have started operations and are now actively expanding in 14 cities located in central, eastern, and western parts of Ukraine. For more details, please visit our Web site at http://www.velton.ua
About the Amdocs CES Blueprint
The Amdocs CES Blueprint is the first visionary outline of the operating environment service providers need to establish in order to transform from providers of utility voice, data and video services into purveyors of the digital lifestyle. The blueprint allows providers to deliver a seamless customer experience—personalized, participatory and timely across any service, location and device. The Amdocs CES Blueprint leverages Amdocs comprehensive business process best practices based on real-world scenarios, and transcends traditional business support systems (BSS), operations support systems (OSS) and service delivery platforms (SDPs) to encompass all current and emerging customer experience business processes. For more information, go to http://www.amdocs.com
About Amdocs
Amdocs is the market leader in customer experience systems innovation, enabling world-leading service providers to deliver an integrated, innovative and intentional customer experience™ at every point of service. Amdocs provides solutions that deliver customer experience excellence, combining the software, service and expertise to help its customers execute their strategies and achieve service, operational and financial excellence. A global company with revenue of $2.84 billion in fiscal 2007, Amdocs has more than 16,000 employees and serves customers in more than 50 countries around the world. For more information, visit Amdocs at http://www.amdocs.com.
Amdocs Forward-Looking Statement
This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs ability to grow in the business markets that it serves, Amdocs ability to successfully integrate acquired businesses, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future; however, the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2007, filed on December 3, 2007, and in our quarterly 6-K furnished on February 11, 2008.
M edia Contact:
Garland Harwood
Weber Shandwick for Amdocs
Tel: +1-212-445-8373
E-Mail: gharwood@webershandwick.com
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