Separation and Release Agreement Dated this 19th day of December, 2007

Exhibit 10.149

CONFIDENTIAL

Separation and Release Agreement

Dated this 19th day of December, 2007

Whereas, the Company has unilaterally notified Employee of the termination of his employment with the Company, without cause, and the Company has terminated the Employee’s services as President; and

Whereas, the parties have reached an agreement to terminate such employment in accordance with the terms and conditions of the separation agreement between Comverse, Inc. and Employee dated     .th of December 2007 (the “Agreement”).

Now, therefore, the parties hereto hereby agree that each party is bound to all of the terms specified in the “Agreement.”

In Witness whereof, the parties have signed this Agreement as of the date first set forth above.