Denis Bernaert Named Senior Vice President, Managing Director, EMEA of Comverse, Inc.
Denis Bernaert Named Senior Vice President, Managing Director, EMEA of
WAKEFIELD, Mass., 2012-09-11 22:15 CEST (GLOBE NEWSWIRE) -- Comverse, Inc.
("CNS"), a wholly-owned subsidiary of Comverse Technology, Inc. (Nasdaq:CMVT)
("CTI"), today announced that Denis Bernaert will join the company as Senior
Vice President, Managing Director Europe, Middle East and Africa, effective
September 12, 2012. In this new position, Mr. Bernaert will be responsible for
all CNS sales and operational activities in the EMEA region.
"Denis Bernaert is a proven executive with more than 20 years of international
IT management experience, the last 15 of which were focused on telecom BSS,
both as a solutions provider and a network operator," said Philippe Tartavull,
Comverse, Inc.'s President and Chief Executive Officer. "Denis' background
makes him a perfect fit for CNS, as he has a deep understanding of our
products, our markets and our customers' needs."
"I am very pleased to join CNS, a company I know quite well as both an industry
participant and a network operator. CNS has a strong reputation for leadership,
innovation and customer service in the BSS, mobile Internet and Value-Added
Services markets, and has excellent opportunities for future growth and
success. I look forward to years of success with the CNS team and our
customers," said Mr. Bernaert.
About Denis Bernaert
Mr. Bernaert joins CNS from Netcracker, a unit of NEC, where he served as Vice
President Sales, Europe & Africa. Prior to that, during his 10 years with BSS
solutions supplier Convergys, he served in a variety of international
management positions of increasing responsibility, including delivery, business
development, sales and account management. Prior to that, he served in
management roles at communications network operator Cegetel/SFR for five years,
focusing on customer care and billing. Before that, Mr. Bernaert was with
Accenture (then named Andersen Consulting) for eight years, and as a Senior
Manager led several business transformations and IT implementations across a
number of industries, including telecommunications. He holds an Engineering
degree in electronics from Institut Superieur d'Electronique de Paris, and
completed the Advanced Management Programme from Insead business school. He is
a reserve officer in the French Navy.
About Comverse Technology, Inc.
CTI, through its wholly-owned subsidiary CNS, is the world's leading provider
of software and systems enabling converged billing and active customer
management and value-added voice, messaging and mobile Internet services. CNS'
extensive customer base spans more than 125 countries and covers over 450
communication service providers serving more than two billion subscribers. CTI
also holds majority ownership positions in Verint and privately-held Starhome.
The Comverse Technology logo is available at
This press release contains a number of forward-looking statements. Words, and
variations of words such as "expect", "intend", "will", "anticipate",
"believe", "propose" and similar expressions are intended to identify
forward-looking statements. Examples of forward-looking statements include, but
are not limited to, CTI's intent to distribute CNS shares to CTI shareholders,
CTI's intent to explore the elimination of its holding company structure, and
the timing of the foregoing actions. The forward-looking statements in this
press release are based on current expectations and assumptions that are
subject to risks and uncertainties, many of which are outside of CTI's control,
and could cause results to materially differ from expectations. Such risks and
uncertainties, include, but are not limited to: failure to satisfy any of the
conditions to the proposed distribution, including obtaining the required
shareholder vote; adverse effects on the market price of CTI's or Verint's
common stock and on CTI's operating results because of a failure to complete
the proposed distribution; failure to realize the expected benefits of the
proposed distribution; negative effects of announcement or consummation of the
proposed distribution or strategic alternatives on the market price of CTI's or
Verint's common stock; significant transaction costs and/or unknown
liabilities; general economic and business conditions that affect CTI and its
assets in connection with CTI's announced intentions; unanticipated expenses
such as litigation or legal settlement expenses; tax law changes; the impact of
CTI's announced intentions on CTI's employees, customers and suppliers; future
opportunities that CTI's board may determine present greater potential to
increase shareholder value; and the ability of the companies to operate
independently following the distribution. Actual results could differ
materially. For further information regarding risks and uncertainties
associated with CTI's businesses, please also see the risks described in the
section entitled "Forward-Looking Statements", Item 1A, "Risk Factors" and
elsewhere in CTI's Annual Report on Form 10-K for the fiscal year ended January
31, 2012 filed with the SEC on April 2, 2012 or in subsequently filed periodic,
current or other reports. CTI undertakes no commitment to update or revise
forward-looking statements except as required by law.
CONTACT: Paul D. Baker, Comverse Technology, Inc.