SVR Syniverse Holdings

Syniverse Technologies (NYSE: SVR) announced today that Chief Financial Officer Raymond Lawless has informed the company of his plans to leave Syniverse effective May 31, 2007, to pursue other opportunities. Lawless, who has served as Syniverse�s CFO since February 2002, will remain an employee of the company through the May 31 effective date to assist with transition matters. Syniverse has retained an executive recruitment firm and initiated a search for a new CFO. Plans are to have the new CFO in place prior to Lawless�s departure. �We thank Ray for his many contributions at Syniverse during the last five years,� said Tony Holcombe, President and CEO, Syniverse. �Ray played a major role as the company completed its initial public offering in February 2005. We wish Ray well in his new endeavors.� About Syniverse Syniverse Technologies (NYSE: SVR) makes it possible for over 350 communications companies in more than 50 countries to address market changes and demands as they deliver everything from voice calls to sophisticated data and video services. By ensuring that disparate technologies and standards interoperate, Syniverse allows operators to provide seamless, interactive mobile services to their subscribers wherever and whenever they need them. Celebrating its 20th anniversary in 2007, Syniverse is headquartered in Tampa, Florida, U.S.A., and has offices in major cities around the globe. Syniverse is ISO 9001:2000 certified and TL 9000 approved, adhering to the principles of customer focus and quality improvement practices. More information is available at www.syniverse.com.