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Ukraine's International Telecommunication Company (ITC) Selects Amdocs to Support CDMA Network
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Amdocs enables fast time to market for new services to support competitive marketplace expansion
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ST. LOUIS - October 21, 2008 - Amdocs (NYSE: DOX), the leading provider of customer experience systems, today announced that International Telecommunication Company (ITC), one of the Ukraine's largest CDMA service providers, operating under the brand "CDMA Ukraine," has selected Amdocs Compact Convergence for convergent real-time charging and service delivery across its CDMA network.
Amdocs Compact Convergence, a network connected full-service enablement solution designed for high-growth, competitive markets, allows ITC to achieve fast time to market for operations, new service introduction and offers the flexibility needed to support expansion and growth. The solution will enable CDMA Ukraine to support both prepaid and postpaid customers across voice, data, mobile Internet, short message service (SMS) and a variety of innovative value-added services.
"Previously, ITC discovered that its homegrown charging system was challenged to support a growing subscriber base and the introduction of advanced value-added services in the face of fierce market competition," said Andrey Logvin, chief executive officer of ITC. "The Amdocs Compact Convergence solution will enable us to bring services fast to market, compete effectively and offer our customers an enhanced customer experience, with rich service offerings and the most advanced account and payment options."
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(TM) 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 17,000 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 segments it serves, 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, May 6 and August 11, 2008.
Media Contact:
Garland Harwood
Weber Shandwick for Amdocs
Tel: +1-212-445-8373
E-Mail: gharwood@webershandwick.com
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