Exhibit 99.1


                                             CONTACT:  Paul D. Baker
                                                       Comverse Technology, Inc.
                                                       paul.baker@cmvt.com
                                                       (212) 739-1060

   COMVERSE TECHNOLOGY ANNOUNCES IT WILL NOT RELEASE QUARTERLY FINANCIAL DATA
 AT THIS TIME AS A RESULT OF PREVIOUSLY ANNOUNCED ACCOUNTING RESTATEMENT PROCESS

NEW YORK, NY, December 10, 2007 -- Comverse Technology, Inc. (Pink Sheets:
CMVT.PK) today announced that, as a result of its previously announced
evaluation of its recognition of revenue based on the application of Statement
of Position (SOP) 97-2, Software Revenue Recognition, specifically relating to
Vendor Specific Objective Evidence ("VSOE"), it is not currently in a position
to issue financial statements or disclose revenue (or financial information
derived from revenue) for the fiscal quarter ended October 31, 2007. The Company
and its advisors are working diligently to complete the evaluation as soon as
practicable. As announced in November, any accounting errors identified as a
result of this evaluation are only expected to impact the timing of revenue
recognized and not to call into question the validity of the underlying
transactions or revenue. Andre Dahan, President and Chief Executive Officer of
the Company, said "We remain very optimistic about the strength of our business
and its prospects. During this evaluation process, we remain focused on
delivering value to our customers and committed to our objective to build and
deliver a new Framework for Profitable Growth."


ABOUT COMVERSE TECHNOLOGY, INC.

Comverse Technology, Inc. is the world's leading provider of software and
systems enabling network-based multimedia enhanced communication and billing
services. The company's Total Communication portfolio includes value-added
messaging, personalized data and content-based services, converged IP
communications solutions, and real-time converged billing solutions. Over 500
communication and content service providers in more than 130 countries use
Comverse products to generate revenue, and improve customer loyalty and
operational efficiencies.

Other Comverse Technology subsidiaries include: Verint Systems (Pink Sheets:
VRNT.PK), a leading provider of analytic software-based actionable intelligence
solutions for security and business interaction intelligence; and Ulticom (Pink
Sheets: ULCM.PK), a leading provider of service essential signaling solutions
for wireless, wireline, and Internet communications.

For additional information, visit the Comverse Technology website at
www.cmvt.com.

All product and company names mentioned herein may be registered trademarks or
trademarks of Comverse or the respective referenced company(s).






This release contains "forward-looking statements" under the Private Securities
Litigation Reform Act of 1995 that involve risks and uncertainties. There can be
no assurances that any forward-looking statements will be achieved, and actual
results could differ materially from forecasts and estimates. Important factors
that could affect the company include: the results of the investigation of the
Special Committee, appointed by the Board of Directors on March 14, 2006, of
matters relating to the company's stock option grant practices and other
accounting matters, including errors in revenue recognition, errors in the
recording of deferred tax accounts, expense misclassification, the possible
misuse of accounting reserves and the understatement of backlog; the impact of
any restatement of financial statements of the company or other actions that may
be taken or required as a result of such investigation or as result of the
company's VSOE evaluation; the company's inability to file reports with the
Securities and Exchange Commission; the effects of the delisting of the
company's Common Stock from NASDAQ and the quotation of the company's Common
Stock in the "Pink Sheets," including any adverse effects relating to the
trading of the stock due to, among other things, the absence of market makers;
risks relating to the company's ability to relist its Common Stock on NASDAQ;
risks relating to alleged defaults under the company's ZYPS indentures,
including acceleration of repayment; risks of litigation (including the pending
securities class action and derivative lawsuits) and of governmental
investigations or proceedings arising out of or related to the company's stock
option practices or any other accounting irregularities or any restatement of
the financial statements of the company, including the direct and indirect costs
of such investigations and restatement; risks related to Verint Systems Inc's.
merger with Witness Systems, Inc., including risks associated with integrating
the businesses and employees of Witness; risks associated with integrating the
businesses and employees of the Global Software Services division acquired from
CSG Systems International, Netcentrex S.A. and Netonomy, Inc.; changes in the
demand for the company's products; changes in capital spending among the
company's current and prospective customers; the risks associated with the sale
of large, complex, high capacity systems and with new product introductions as
well as the uncertainty of customer acceptance of these new or enhanced products
from either the company or its competition; risks associated with rapidly
changing technology and the ability of the company to introduce new products on
a timely and cost-effective basis; aggressive competition may force the company
to reduce prices; a failure to compensate any decrease in the sale of the
company's traditional products with a corresponding increase in sales of new
products; risks associated with changes in the competitive or regulatory
environment in which the company operates; risks associated with prosecuting or
defending allegations or claims of infringement of intellectual property rights;
risks associated with significant foreign operations and international sales and
investment activities, including fluctuations in foreign currency exchange
rates, interest rates, and valuations of public and private equity; the
volatility of macroeconomic and industry conditions and the international
marketplace; the risk of declines in information technology spending; risks
associated with the company's ability to retain existing personnel and recruit
and retain qualified personnel; and other risks described in filings with the
Securities and Exchange Commission. The company undertakes no commitment to
update or revise forward-looking statements except as required by law.

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