SINGAPORE, June 17 /PRNewswire-FirstCall/ -- Amdocs (NYSE: DOX), the leading provider of customer experience systems, today announced that leading analyst firm Frost & Sullivan has selected Amdocs for its 2010 Asia Pacific ICT (Information and Communications Technology) award for Telecom BSS Vendor of the Year. The announcement was made at the Amdocs Asia Pacific InTouch Business Forum, an industry gathering of Amdocs customers and executives, dedicated to addressing the needs of Asia Pacific service providers in the connected world.
The award is part of Frost & Sullivan's program to recognize outstanding performance in the Asia Pacific ICT industry, and is determined by a panel of judges comprised of senior industry executives and Frost & Sullivan analysts. "This award is a testament to Amdocs' relentless commitment to delivering exceptional leadership for the year 2009, taking into account factors such as portfolio diversity and customer momentum," said Nitin Bhat, partner at Frost & Sullivan.
"Amdocs has been a leader in the fast-moving and highly competitive Asia Pacific market for more than a decade. Technology and services have evolved rapidly, while service providers' core business needs remain the same – to launch new products faster, reduce costs and improve the customer experience across all touch points," said Brian Shepherd, group president for Amdocs. "Amdocs' fully integrated product suite enables our customers to support subscriber growth, launch new services and manage operational expenditures."
Amdocs CES 8 is the industry's most comprehensive portfolio of customer experience systems (CES) spanning business support systems (BSS), operational support systems (OSS) and network-connected service delivery platforms (SDP). Amdocs' products provide the cost-efficient, real-time performance and scalability that service providers in Asia Pacific need to support massive subscriber growth, pre- and post paid- convergence, and to introduce new services more quickly and profitably.
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Amdocs is the market leader in customer experience systems innovation. The company combines business and operational support systems, service delivery platforms, proven services, and deep industry expertise to enable service providers and their customers to do more in the connected world. Amdocs' offerings help service providers explore new business models, differentiate through personalized customer experiences, and streamline operations. A global company with revenue of $2.86 billion in fiscal 2009, Amdocs has approximately 18,000 employees and serves customers in more than 60 countries worldwide. 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 segments it serves, 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, 2009, filed on December 7, 2009 and in our quarterly 6-K forms furnished on February 8 and May 13, 2010.