SVR Syniverse Holdings

News Summary: Syniverse renews GSM clearing and settlement contract with T-Mobile USA, one of the largest wireless providers in the United States. Syniverse Technologies (NYSE: SVR), a leading provider of mission-critical technology services to wireless telecommunications companies worldwide, today announced a multi-year contract renewal with T-Mobile USA to provide clearing and settlement services for wireless voice roaming services. T-Mobile's GSM/GPRS network covers 260 million people in the United States. Syniverse will provide T-Mobile with its ACCESS(R) S&E clearing and settlement service, which simplifies the exchange of billing data between roaming partners by Syniverse acting as the single point of contact. This results in streamlined processing of roamer billing data, a single source of information regarding roaming customers and detailed reporting to calculate the financial position between roaming partners. "We are very pleased to extend our long-standing relationship with T-Mobile," said Syniverse Chairman and CEO Ed Evans. "We continue to gain momentum in GSM clearing based on our premium technology and industry expertise. We anticipate continued growth in this area of our business." About Syniverse Syniverse is a leading provider of mission-critical technology services to wireless telecommunications companies worldwide. Syniverse solutions simplify technology complexities by integrating disparate carriers' systems and networks in order to provide seamless global voice and data communications to wireless subscribers. Carriers depend on Syniverse's integrated suite of services to solve their most complex technology challenges and to facilitate the rapid deployment of next generation wireless services. Syniverse provides services to over 330 telecommunications carriers in approximately 44 countries, including the ten largest U.S. wireless carriers and six of the ten largest international wireless carriers. Headquartered in Tampa, Fla., U.S.A., Syniverse has offices in major cities throughout North America, The Netherlands and the United Kingdom and a global sales force in the United Kingdom, Luxembourg, Italy, China, Hong Kong, Brazil, Slovakia and India. For more information, visit www.syniverse.com