On March 10, 2010, the Board of Comverse Technology Inc. approved the Amended and Restated By-Laws of the company. The By-Laws were amended to permit written notice to members of the Board by electronic (or e-mail) transmission delivery under certain circumstances (Article II, Section 5, Article V, Section 2 and Article VII, Section 1). Election of Directors in a Special Shareholder Meeting: The By-Laws were amended to allow the election of directors in a special meeting of shareholders called for such purpose in addition to an annual meeting of shareholders (Article IV, Sections 2 and 3(a)). The By-Laws were amended to clarify advance notice requirements for shareholder proposals and director nominations by shareholders by specifying that, in order to be considered timely, such proposal must be received not later than the close of business on the tenth (10th) day following the date on which public announcement of the meeting date is first made by the company if no annual meeting was held in the previous year (Article II, Section 6 and Article IV, Section 3(a)). The By-Laws were amended to expand the information required in a written notice of a shareholder's intention to bring a shareholder proposal or make a director nomination to be considered properly submitted. This amendment requires increased transparency with respect to shareholders' interests and intentions to require, among other things, with respect to a shareholder proposal, a description of the shareholder proposal (not only the text of the proposed resolutions) and the reasons for the proposal and any material interest of the shareholder or beneficial holder in the proposal, detailed information regarding the shareholder's ownership of the company's securities, a description of any agreement, arrangement or understanding with respect to the proposal between or among the shareholder and other third parties acting in concert with respect to the foregoing and a representation whether the shareholder or beneficial owner, if any, intends or is part of a group which intends to deliver a proxy statement and/or form of proxy to holders with sufficient ownership to approve or adopt the proposal or elect the nominee by proxy or otherwise to solicit proxies from shareholders in support of such proposal (Article II, Section 6 and Article IV, Section 3(a)).

Comverse Technology Inc. expected to Report Fiscal Year 2009 Results on March 24, 2010. This event was calculated by Capital IQ (Created on March 10, 2010).

Comverse Technology Inc. announced enhancing its Mobile Internet HUB with Deep Packet Inspection (DPI), which provides detailed Internet traffic management and analysis. The upgrade enables mobile operators to better manage surging mobile data traffic, achieve optimal network performance and unlock additional revenue potential, while also helping subscribers receive the best possible quality of service for their price plan. The Comverse Mobile Internet HUB with DPI technology provides operators with better usage visibility through real-time identification of the applications and protocols running in their network, such as browsing, streaming video and file sharing. The DPI technology works with Mobile Internet HUB's new smart traffic management to allow operators to reduce network congestion by shaping and prioritizing data traffic; offer segmented pricing plans based on specific applications rather than flat-rate consumption; notify subscribers about their data consumption before they exceed their monthly allotments of streaming video or other bandwidth-devouring applications and offer upgrade plans, helping to reduce the possibility of bill shock; and offer dynamic, personalized control over usage, so if subscribers want to watch a live sporting event, they can request and pay for higher quality service for the specific duration. The DPI capability embedded in the Mobile Internet HUB is a proven technology from ipoque, a pioneer in the field. In a recent DPI industry test, ipoque was ranked first among 15 vendors invited to participate by the European Advanced Networking Tester Center. The test focused on the detection and regulation accuracy of file sharing, the overall performance of the solution, and the suitability for deployment in large networks. Mobile Internet HUB is part of Comverse HUB Value-Added Services, spanning voice, messaging, mobile Internet and mobile advertising. Comverse HUB is a synergistic framework that enables service providers to maximize their business performance and augment their position in the market.

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Another Options Backdating Defeat

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