Contract Win

Intec Telecom Systems PLC
18 December 2007


London, 18 December 2007


Intec signs multimillion dollar group license and services agreement with
VimpelCom Group subsidiaries


Intec, a leading supplier of billing and operations support systems to the
global telecoms industry, announced today that it has signed and implemented a
group license and services agreement for its Intec Interconnect intercarrier
billing solution with several VimpelCom subsidiaries. Valued at nearly US$2
million dollars, the new contract will enable Russia's major mobile operator to
roll out Intec Interconnect throughout the CIS, with subsidiaries going live
with the system by the end of this year in Uzbekistan, Ukraine and Armenia. The
agreement is an extension of a long-term customer relationship between Intec and
VimpelCom, which has been a user of Intec's billing solutions since 2003. Intec
Interconnect is the the world's leading and most advanced intercarrier
settlement system with over 250 customers.  It is presently deployed by
VimpelCom to support its high-volume domestic traffic as well as its expanding
long distance and International license business.

"Our services and licenses deal with Intec is a very significant business
decision for VimpelCom as it enables us to maximise our revenue streams from our
complex intercarrier agreements in regions with very strong levels of growth,"
said Andrey Batalov, Head of IT Development in Russian regions and CIS,
VimpelCom. "Uzbekistan, Ukraine, and Armenia in particular are countries with
large numbers of mobile customers and strategic plans for market expansion.
With relatively low cost we can use the services and licenses agreement to roll
out Intec Interconnect quickly and seamlessly and with minimal risk, thereby
enabling us to generate a substantial income from these operations on day one
and ultimately giving us the competitive edge we need to remain a market leader
in these regions."

The Intec Interconnect system is renowned for its flexibility and can support
all billing and settlement models. This capability will enable the subsidiaries
to handle every kind of traffic, from simple voice to the most advanced content
and data services, in one integrated, platform. Once the Intec Interconnect
systems go live in Uzbekistan, Ukraine, and Armenia, VimpelCom will continue
expansion by rolling out the solution in Tajikistan as well in 2008.


"We are extremely pleased with our new agreement with VimpelCom and we are
confident that this will strengthen our existing relationship with the 
operator," said Gary Burch, VP of sales for Intec in EMEA. "Eastern Europe is a
very important region for us in terms of long-term growth and this deal further
enforces our position as the leading BSS/OSS provider in the area. To ensure
that we remain competitive in Russia and the CIS we will work closely with
VimpelCom and its subsidiaries to ensure that Intec Interconnect is running
smoothly from the moment it goes live on the network and that income is
maximised quickly from our intercarrier billing system. VimpelCom's companies
can also rely on Intec's local support team in Moscow for further support.
Intec's area specialists will be always be on hand to assist with any new
billing challenges that may arise as the region's various mobile sectors explore
new opportunities for growth."


For further information, please contact:


Intec Telecom Systems PLC                                               www.intecbilling.com

Andrew Rodaway, Director of Marketing and Communications                [phone]

[e-mail]                                         [phone]
                                                                        

College Hill                                                            [phone]

Sara Musgrave / Ben Way


About Vimpelcom

The VimpelCom Group (NYSE: VIP) includes cellular companies operating in Russia,
Kazakhstan, Ukraine, Uzbekistan, Tajikistan, Georgia and Armenia. The VimpelCom
Group's license portfolio for GSM and 3G services covers approximately 250
million people. Geographically it covers the entire territories of Russia,
Kazakhstan, Ukraine, Uzbekistan, Tajikistan, Georgia and Armenia.

VimpelCom was the first Russian company to list its shares on the New York Stock
Exchange (NYSE) in November 1996. Its ADSs (American Depositary Shares) are
traded under the symbol "VIP".


About Intec


Intec supplies solutions to over 60 of the world's top 100 telecoms carriers and
is one of the world's fastest growing major BSS/OSS (business and operations
support systems) vendors. Intec's 400 customers include AT&T, Cable & Wireless,
The Carphone Warehouse (UK), China Unicom, Deutsche Telekom, Eircom (Ireland),
France Telecom, Hutchison 3G, O2, Orange, T-Mobile, Telefonica, Vodafone, Virgin
Mobile, Vivo and Verizon. Intec works closely with its customers, many of whom
have been with Intec since its inception, to provide the highest standards of
performance, flexibility and robustness to help carriers service their customers
effectively and profitably. Intec's comprehensive and expanding range of
products, solutions and services includes:

•           Retail billing and customer management

•           Multi-service mediation and activation

•           Inter-carrier billing settlements including US CABS and ITU-based
            settlement

•           End-to-end content partner management

•           Optimised wholesale routing and trading

•           Real-time pre/post-paid mediation and charging

•           Pre-integrated solutions for wholesale, wireless and core IMS
            charging functions


Founded in 1997, Intec is listed on the London Stock Exchange (ITL.L) and has
over 1,700 staff and 31 offices in 25 countries. For more information, visit the
Intec website at www.intecbilling.com.


                      This information is provided by RNS
            The company news service from the London Stock Exchange