Interim Management Statement

Intec Telecom Systems Interim Management Statement Intec Telecom Systems PLC ("Intec" or the "Group"),a global provider of business support systems solutions, reports its Interim Management Statement for the period from 1 October  2009 to 16 February 2010. Following a strong second half performance in 2009, reported revenues across the Group's Asia Pacific and Americas regions continue to demonstrate resilience and are performing as expected. General economic weakness across Intec's Europe, Middle East and Africa region is causing some delays in customer decisions and consequently the Group has experienced a slower start in reported revenues when compared to the same period in 2009. This, combined with the strong first half of the 2009 financial year, will likely result in first half revenues being below that achieved in the prior year in constant currency terms. Intec's strategy to invest in future revenue growth through the continued development of its direct and indirect sales channel is consistent with that advised at our preliminary results.  The Group expects to report an increase in development and sales and marketing expenses and a reduction in G&A expenses during the current year. In addition, Intec continues to improve and automate its internal processes and would expect to start to see operational benefits from this investment during the second half of the current financial year. Intec's balance sheet remains strong and the Group will pay out its first dividend to shareholders this week. The sales orders for the financial year to date are slightly ahead of the same period last year and the pipeline continues to be robust across all regions. The Board remains positive and highly focused on delivering its 2010 plans. Enquiries: Intec Telecom Systems PLC www.intecbilling.com < http://www.intecbilling.com/> Andrew Taylor, Chief Executive Officer +44 (0)1483 745 800 Robin Taylor, Finance Director FD Juliet Clarke/Haya Herbert-Burns +44 (0)20 7831 3113 About Intec Telecom Systems PLC Intec supplies solutions to over 60 of the world's top 100 telecoms carriers, and is one of the world's fastest growing suppliers of Business Support Systems (BSS) solutions. Intec's 400 plus customers include AT&T, Antel, 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 add real value and ROI to their business by providing the highest standards of performance, flexibility and robustness to help communications service providers service their customers effectively and profitably. * 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 1,600 staff and 31 offices in 24 countries. For more information, visit the Intec website atwww.intecbilling.com < http://www.intecbilling.com/>. [HUG#1384724]
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