New Amdocs offering to support Seabras-1 US-Brazil cable under seven-year managed services contract

​​ LAS VEGAS - September 7, 2016 - At CTIA Super Mobility 2016, Amdocs (NASDAQ: DOX), the leading provider of customer experience solutions, today announced that Seaborn Networks, a developer and operator of submarine fiber optic cable systems, will deploy Amdocs Optima to rapidly and securely monetize its submarine cable infrastructure connecting the US and Brazil. Amdocs Optima, announced today, is a new cloud-based digital customer management and commerce platform for managing the entire cycle of customer relationships, from initial engagement to on time delivery, accurate billing, and service assurance.

With its multi-tenancy capabilities to support multiple companies with one platform, Amdocs Optima will enable Seaborn Networks' to sell and lease submarine cable capacity to content providers, carriers, governments, Internet Service Providers (ISPs) and other purchasers of wholesale capacity. To be delivered under a seven-year managed services contract, Amdocs Optima will allow Seaborn Networks to quickly establish the capability to offer subscription-based, usage-based, or on-demand price plans in support of any business-to-business model, simple to sophisticated, and in pay-as-you-grow business models.

"We are committed to changing the way submarine cable capacity is bought and sold," said Larry Schwartz, CEO of Seaborn Networks. "With Amdocs Optima as the business engine behind our Seabras-1 network, we will be able to realize our vision by introducing the first international submarine cable to and from Brazil that was developed by an independent cable operator. With ever increasing data demands, our São Paulo to New York direct route will provide better quality connections between the US and Brazil, one of the fastest growing markets in the world."

"With Amdocs Optima as the business enabler, Seaborn Networks is simplifying the delivery of submarine cable capacity for purchasers of wholesale capacity looking to offer their end users the type of superior connections expected in today's world of digital immediacy," said Patrick McGrory, president for Amdocs' emerging offerings. "A cloud-based solution, offering support for multi-tenant, multi-regional operations and delivered in a managed service model, Amdocs Optima will enable Seaborn Networks to quickly bring their offerings to market with a better customer experience, and grow their business in a cost-efficient manner."

About Seaborn Networks

Seaborn Networks is a developer and operator of submarine fiber optic cable systems with an independent cable operator model, including Seabras-1. Seabras-1, a six-fiber pair 72Tbps system, is the first direct point-to-point submarine cable system between the United States and Brazil; the system will connect New York and São Paulo. Seaborn was founded by successful submarine cable executives with experience in designing, building and operating many of the world's largest submarine and terrestrial networks.