ST. LOUIS - June 13, 2012 - Amdocs (NYSE: DOX), the leading provider of customer experience systems and services, today announced that analyst firm Frost & Sullivan has selected Amdocs as the Telecom BSS (business support systems) Vendor of the Year for the third consecutive year, as part of its 2012 Asia Pacific ICT (Information and Communications Technology) Awards.
"Amdocs continues to lead the market with the introduction of many innovative new solutions," said Nitin Bhat, partner and senior vice president at Frost & Sullivan. "For instance, Amdocs launched the first pre-integrated charging and policy management solution for the rapid creation and monetization of new 3G and LTE data services, as well as the first solution that prepackages connected home solutions and integrates them with customer data in the BSS and OSS systems. These types of solutions give service providers a competitive edge in launching new services and generating new revenue streams."
"We are very proud to have won this award again and believe our success is due to our continued product innovation and our ability to offer a variety of delivery models including our BSS and OSS managed services model to support large-scale transformation projects in the region," explained Brian Shepherd, group president at Amdocs. "Service providers need to transform their operations so they can offer new services over any device in order to stay ahead of their competition. Amdocs offers them end-to-end accountability for complex projects of this kind."
Winners were determined by a panel of judges comprised of senior industry executives and Frost & Sullivan analysts. The awards were presented last week at a ceremony at the Shangri-La Hotel in Singapore, attended by senior representatives from the Asia Pacific ICT industry and local service providers.
Amdocs has been operating in Asia Pacific for more than 13 years and has offices in countries across the region, including India, Vietnam, Singapore, Japan, Australia and New Zealand. Amdocs customers in Asia Pacific include Reliance Communications (India), SingTel (Singapore), VTN (Vietnam), Globe Telecom ( Philippines), China Mobile, Telstra (Australia), CSL Hong Kong, True Corporation (Thailand), XL Axiata (Indonesia) and FarEasTone (Taiwan). Recent company achievements in the region include:
For 30 years, Amdocs has ensured service providers' success and embraced their biggest challenges. To win in the connected world, service providers rely on Amdocs to simplify the customer experience, harness the data explosion, stay ahead with new services and improve operational efficiency. The global company uniquely combines a market-leading BSS, OSS and network control product portfolio with value-driven professional services and managed services operations. With revenue of approximately $3.2 billion in fiscal 2011, Amdocs and its over 19,000 employees serve customers in more than 60 countries.
Amdocs: Embrace Challenge, Experience Success.
For more information, visit Amdocs at 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, 2011, filed on December 8, 2011 and our Form 6-K furnished for the second quarter of fiscal 2012 on May 15, 2012.
Weber Shandwick for Amdocs