SAN DIEGO, CA; BASKING RIDGE, NJ; and ST. LOUIS, MO — From CTIA WIRELESS I.T. & Entertainment 2009®, Verizon Wireless said today it is working with Amdocs Interactive, a division of Amdocs (NYSE: DOX), the leading provider of customer experience systems, to help build and grow the recently launched Verizon Developer Community (VDC). The VDC is the place for mobile developers to learn about all of Verizon's applications programs, to submit applications for the soon-to-be launched V CAST Apps storefront, and to interact with Verizon experts and others in the mobile applications community.
Verizon Wireless uses digital commerce, settlement and reporting products from the Amdocs CES product portfolio. Amdocs products enable developers to monitor and measure revenues and usage information relating to their applications. VDC developers can quickly access relevant and up-to-date information via an intuitive, customizable online dashboard. Developers gain real-time visibility into subscriber purchasing behavior to measure sales effectiveness, spot trends and identify potential new business opportunities.
In addition, Amdocs will manage the financial settlements between Verizon and VDC members to ensure that developers receive timely and accurate payment for application sales. A reliable and rapid settlement cycle is important to developers because it improves their cash flow, making the VDC an attractive place for developers to do business.
"Serving the needs of both Verizon Wireless and its growing developer community, Amdocs ensures that developers receive their share of application sales and that accurate business data is accessible to all parties, helping measure business performance and drive new opportunities," said Seth Nesbitt, vice president of product marketing for Amdocs. "Verizon Wireless and Amdocs are long time partners who are committed to delivering technology that fosters an open, collaborative and commercially viable environment for developers."
About the VDC
The Verizon Developer Community was launched to foster innovation in the mobile application space. Developers who have created apps for platforms such as Java, BREW, Android, Windows Mobile and others are encouraged to join the VDC and to submit their concepts and applications for V CAST Apps.
The developer portal now offers simple, click-through agreements so developers can quickly and easily start the path to market for their applications.
The VDC provides a streamlined testing and certification process for applications, with the goal of having applications approved within 14 days of submission, and gives developers the opportunity to set their own prices for applications, among other things. To register for the VDC, visit http://developer.verizon.com.
News and updates about the Verizon Developer Community will be posted on Twitter at www.twitter.com/VDCConference.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and data network, serving 87.7 million customers. Headquartered in Basking Ridge, N.J., with more than 87,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE and LSE: VOD). For more information, visit www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.
Amdocs is the market leader in customer experience systems innovation, enabling world-leading service providers to deliver an integrated, innovative and intentional customer experience at every point of service. Amdocs provides solutions that deliver customer experience excellence, combining the software, services and expertise to help its customers execute their strategies and achieve service, operational and financial excellence. A global company with revenue of $3.16 billion in fiscal 2008, Amdocs has approximately 17,000 employees and serves customers in more than 50 countries around the world. 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, 2008, filed on December 8, 2008, and in our quarterly 6-K furnished on February 9, May 12, and August 10, 2009.