Multi-year project will improve JCOM's operational efficiencies, provide improved customer experiences, and unlock new revenue opportunities

JERSEY CITY, NJ / ACCESSWIRE / May 8, 2024 / Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced that Japanese cable TV, communications and media entertainment companies, JCOM, has chosen Amdocs as their strategic collaborator for a multi-year initiative aimed at transforming their business and operations ecosystem. For this multi-year program, Amdocs will continue to successfully partner with information technology leader, SCSK, bringing together system integration expertise and innovative digital solutions.

This collaboration will propel JCOM's operational efficiencies, elevate customer experiences, and unlock new opportunities for sales growth. By harnessing Amdocs' intelligent and digital solutions, JCOM can align their capabilities with the evolving needs of businesses while simultaneously accelerating sales, streamlining operations, and opening doors to fresh monetization opportunities in the competitive broadband market.

Yasuhiko Iwai, Managing Corporate Officer GM, Information Technology, JCOM, said: "As our industry continues to evolve, it is critical for our business to continuously transform to better meet our customers' demands and provide new, innovative offerings. We are pleased to be working with Amdocs as we continue to modernize our business, ensuring we can meet these goals while also improving our operational efficiency."

Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs said: "We're proud to work with JCOM as they continue to modernize their business. With intelligent, digital solutions from Amdocs, JCOM will better meet the evolving needs of their customers, while also accelerating new revenue opportunities, efficient operations, and new monetization opportunities in the broadband market."

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About Amdocs
Amdocs helps those who build the future to make it amazing. With our market-leading portfolio of software products and services, we unlock our customers' innovative potential, empowering them to provide next-generation communication and media experiences for both the individual end user and enterprise customers. Our approximately 29,000 employees around the globe are here to accelerate service providers' migration to the cloud, enable them to differentiate in the 5G era, and digitalize and automate their operations. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $4.89 billion in fiscal 2023. For more information, visit 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 and years. 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 macro-economic conditions, prevailing level of macroeconomic, business and operational uncertainty, including as a result of geopolitical events or other global or regional events such as the recent attacks in Israel and evolving conflict and the COVID-19 pandemic, as well as the current inflationary environment, and the effects of these conditions on the company's customers' businesses and levels of business activity, including the effect of the current economic uncertainty and industry pressure on the spending decisions of the company's customers, Amdocs' ability to grow in the business markets that it serves, Amdocs' ability to successfully integrate acquired businesses, 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, our ability to successfully and effectively implement artificial intelligence and Generative AI in the company's offerings and operations 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, Amdocs specifically disclaims any obligation to do so. These and other risks are discussed at greater length in Amdocs' filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2023 filed on December 13, 2023 and our Form 6-K furnished for the first quarter of fiscal 2024 on February 20, 2024.

Media Contacts
Michael Zema
Amdocs Public Relations
E-mail: mzema@amdocs.com

Emily Holt
PAN Communications for Amdocs
Email: amdocs@pancomm.com

SOURCE: Amdocs Management Limited