POST Telecom Signs Three-Year Application Management Agreement with Amdocs

ST. LOUIS, Jan. 29, 2014 /PRNewswire/ -- Amdocs (NASDAQ: DOX), the leading provider of customer experience systems and services, today announced the signing of a three-year application management deal with POST Telecom, the largest service provider in Luxembourg, formerly known as P&T LUXGSM. Under the agreement, Amdocs will provide application management services to support, operate and enhance the Amdocs charging, billing and customer management solutions deployed as part of POST Telecom's business support systems (BSS) modernization project.

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"With our wireless business already on Amdocs' BSS platform, this agreement will enable us to expand our modernization project to our wireline customers," said Guy Mootz, head of BSS Department at POST Telecom "A single, converged BSS solution for all our lines of business will enable us to quickly deliver new and innovative offerings to our customers while driving efficiencies."

"Using Amdocs' application management services, POST Telecom will benefit from controlled and predictable costs, improved productivity and a flexible business model as they seek to provide a quad-play experience for their customers," said Rebecca Prudhomme, vice president for product and solutions marketing at Amdocs. "By bringing the expertise we have developed from working with the world's largest service providers, we can help POST Telecom maintain their position as a market leader."

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About Amdocs
For more than 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 and optimization product portfolio with value-driven professional services and managed services operations.  With revenue of $3.3 billion in fiscal 2013, Amdocs and its more than 21,000 employees serve customers in over 70 countries.

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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 markets that it serves, Amdocs' ability to successfully integrate acquired businesses, 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, 2013 filed on December 09, 2013.

SOURCE Amdocs