Finland's Elisa Awards Amdocs a Six-Year Managed Services and Billing Transformation Contract

Elisa Corporation (HEL: Elisa A), Finland's leading provider of wireless, wireline, broadband Internet and cable TV services, and Amdocs (NYSE: DOX), the leading provider of customer experience systems, today announced that they have signed a six-year managed services and billing consolidation agreement. Under the terms of the agreement, Amdocs will immediately assume responsibility for day-to-day management and maintenance of the Amdocs billing, ordering and customer relationship management (CRM) software that was originally deployed in 2007 to support Elisa's wireless operations.

In addition, Amdocs will consolidate Elisa's eight legacy wireless, wireline, Internet and cable billing systems to establish a single, convergent billing system. Amdocs will also deliver the Amdocs Enterprise Product Catalog to serve as a master repository for all product information currently managed in five different billing, ordering and self-service catalogs to enable Elisa to better define, blend, bundle and price its entire offering portfolio.

About Elisa Corporation

Elisa Corporation is a leading Nordic communications services provider and a publicly listed Eurotop-500 company, with operations in the Nordic countries, the Baltics and Russia. We serve some 2 million consumers regionally and around 15,000 enterprises internationally, offering a wide range of subscriptions with services. We provide experiences for people and enhance productivity for organisations online. Elisa focuses on developing consumer and corporate ICT and online services. Our revenues for 2008 were EUR 1.49 billion and we employ approximately 2,900 people. Elisa's global alliance partners are Vodafone and Telenor.

About Amdocs

Amdocs is the market leader in customer experience systems innovation, enabling world-leading service providers to deliver an integrated, innovative and intentional customer experience(TM) 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 more than 17,000 employees and serves customers in more than 50 countries around the world.

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 and May 12, 2009.