Comverse registers record quarterly sales

Comverse Technology posted $373.5 million in sales for the first quarter of FY06 ended April 30, its 14 th consecutive quarter of sequential sales growth and the company's highest quarterly sales ever. This represented 36.9% growth over the same period last year and a 10.6% increase from the previous quarter.

The robust Q1 performance was attributed mainly to several new wins in multimedia messaging and mobile instant messaging, as well as the market success of the company's Insight IP-based multimedia Open Services Environment.