Trivnet Expands in LATAM

By Trivnet, PRNE
Tuesday, December 1, 2009

TEL-AVIV, Israel, December 2 - Trivnet, provider of the most powerful transaction management platform
for delivering secured Mobile Financial Services (MFS), announced today that
it has increased its footprint in Latin America, marking the beginning of a
series of deployments which will be disclosed in the near future. Today it
was revealed that, in conjunction with Comverse, Trivnet will expand service
with Telesur in Suriname to build a complete Mobile Financial Services (MFS)
Distribution Network. Comverse has already deployed Trivnet's platform at
Telesur in 2007, providing an airtime recharge and person to person (P2P)
value transfer service that has meanwhile achieved some of the highest P2P
transfer usage rates in the world.

"Latin America is a dynamic market and we will continue to expand in the
region," commented Amit Mattatia, CEO of Trivnet. "Trivnet provides mobile
network operators (MNOs) with the opportunity to deliver a comprehensive
suite of branded MFS that increase loyalty and generate significant revenue.
As competition for money transfer and payments heat up, MNOs should leverage
their inherent advantages, such as airtime distribution networks and prepaid
user recharge habits, to take a leadership role in this emerging industry,
working closely with those banking partners who understand the value of MFS
and the unique assets MNOs have in this space."

About Trivnet www.Trivnet.com

Trivnet provides the most powerful transaction management platform to
deliver a comprehensive suite of secured Mobile Financial Services (MFS). By
enabling the creation of an MFS eco-system, Trivnet provides Mobile Network
Operators with services that are proven to increase their subscriber base,
enhance loyalty and drive ARPU.

Trivnet's carrier grade TRIV Platform (TM) is already deployed in
operator networks all around the world. The company has close relations with
leading banks, system integrators, service providers, security vendors and
merchant networks.

Founded in 1997, privately owned, and the partner of choice in leading
MFS eco-systems around the world, Trivnet is all about MAKING MONEY MOBILE.

About Comverse www.Comverse.com

Comverse is the world's leading provider of software and
systems enabling value-added services for voice, messaging, mobile Internet
and mobile advertising; converged billing and active customer management; and
IP communications. Comverse's extensive customer base spans more than 130
countries and covers over 500 communication service providers serving more
than two billion subscribers. The company's innovative product portfolio
enables communication service providers to unleash the value of the network
for their customers by making their networks smarter. Comverse's solutions
support flexible deployment models, including in-network, hosted and managed
services, and can run on circuit-switched, IP, IMS or converged network
environments. Comverse is a subsidiary of Comverse Technology, Inc.
(CMVT.PK). For more information, visit www.comverse.com.

    Trivnet Media Contact:
    Stacy Fassberg
    stacy@trivnet.com
    +972-544-234-976

Trivnet Media Contact: Stacy Fassberg, stacy at trivnet.com, +972-544-234-976

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