PrimeTel Selects and Deploys Amdocs Compact Convergence to Support the Launch of the First MVNO in Cyprus.

Rapid deployment of Amdocs' software for real-time charging, customer care and value-added services will enable PrimeTel to secure leading foothold as market opens to new entrants

ST. LOUIS, Feb. 15, 2011 /PRNewswire/ -- Amdocs (NYSE: DOX), the leading provider of customer experience systems, today announced that Cyprus' PrimeTel PLC has deployed the Amdocs Compact Convergence software for real-time charging, customer care and value-added services to support the launch of its MVNO (mobile virtual network operator) operations. Amdocs Compact Convergence will also support PrimeTel's existing fixed and broadband Internet and television services, replacing multiple systems. With a single system supporting all of its lines of business, PrimeTel will be able to introduce quad-play service bundles and promotions and reduce operational and maintenance costs.

As in many other markets worldwide, new regulations have opened the Cyprus marketplace to new MVNO entrants. "Deploying Amdocs Compact Convergence in record time will enable us to be the first MVNO to launch in Cyprus," said Mr. Hermes Stephanou, Managing Director at PrimeTel. "The Amdocs software will allow us to quickly go to market with new services and attractive price plans that address the needs of new market segments and of subscribers that are looking to replace their existing mobile provider."

Amdocs is a leader in the MVNO space with more than 25 deployments at MVNOs around the world. Amdocs Compact Convergence provides a single, next generation IN (intelligent network) solution for convergent real-time charging, customer care and self-care to support prepaid, postpaid and value-added services. Amdocs Compact Convergence includes network connectivity modules and can be rapidly deployed to interface with network elements. When PrimeTel extends Amdocs Compact Convergence to support its wireline and broadband lines of business, this built-in capability will ensure the smooth replacement of PrimeTel's legacy systems and subscriber migration to the Amdocs software.

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About PrimeTel

PrimeTel PLC is the largest private telecommunications company in Cyprus that offers and develops voice, data and video services. The company owns and operates a truly regional network, spanning across Cyprus, Germany, Greece, Russia and the United Kingdom, providing city-to-city connectivity, data communications and IP-based services between key European and Middle East markets. PrimeTel is one of the few telecommunications operators in the region that can provide a full spectrum of connectivity and services. PrimeTel will soon be launching Mobile services, hence becoming the first telecommunications company in Cyprus to offer Quad-Play bundled services (fixed telephony-Internet-TV-mobile telephony). For more information, please visit www.primetel.com.cy

About Amdocs

Amdocs is the market leader in customer experience systems innovation. The company combines business and operational support systems, service delivery platforms, proven services, and deep industry expertise to enable service providers and their customers to do more in the connected world. Amdocs' offerings help service providers explore new business models, differentiate through personalized customer experiences, and streamline operations. A global company with revenue of approximately $3.0 billion in fiscal 2010, Amdocs has over 19,000 employees and serves customers in more than 60 countries worldwide. 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, 2010, filed on December 7, 2010 and our Form 6-K filed for the first quarter of fiscal 2011 on February 8, 2011.

SOURCE Amdocs