We demonstrate polarization-independent simultaneous all-optical phase-preserving amplitude regeneration and wavelength conversion of NRZ differential phase shift keying (DPSK) data by four-wave mixing (FWM) in a semiconductor optical amplifier (SOA). The dependence upon polarization state of the signals is eliminated by using a co-polarized dual-pump architecture. Investigation on the regenerative capability vs. pumps detuning shows significant BER threshold margin improvement over 6 nm conversion range.