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Intec Telecom Systems PLC 28 May 2002 Intec enters Russian market with OSS deal at mobile leader VimpelCom May 28th, 2002 - Intec Telecom Systems PLC, a global leader in Operations Support Systems (OSS) for fixed, mobile and IP/next-generation networks, today announced the signing of an agreement with VimpelCom, one of the major providers of wireless telecommunications in Russia, worth over US$1 million. VimpelCom, the first Russian company to list on the New York Stock Exchange (NYSE), has selected Intec's InterconnecT billing solution to allow it to accurately bill other operators for carrying calls to VimpelCom's fast-growing GSM subscriber base. VimpelCom's mobile license portfolio covers approximately 70% of Russia's population (100 million people), including the City of Moscow and the Moscow Region. After an extensive evaluation of major OSS vendors, VimpelCom selected Intec's solution for its performance, service flexibility and in-house configurability. "Adding Intec's InterconnecT solution to our OSS environment is an integral part of our continuing strategy to exploit operational efficiencies throughout all areas of our business," said Jere Calmes, Vice President of Customer Operations at VimpelCom. "InterconnecT will help us to maximise our cash flow through effective, inter-operator billing as we continue to build our nationwide presence." The number of mobile phone users in Russia is expected to rise from 7 million to 12 million by the end of 2002. Despite the dramatic growth rate, the number still represents only 10 % of the country's population. This offers VimpelCom many opportunities for business growth, particularly outside the Moscow area. Intec has won numerous high-profile customers in Eastern and Central Europe, including national PTTs Matav (Hungary), Cesky Telecom (Czech Republic), and TPSA (Poland), plus numerous leading GSM operators including Westel and RadioMobil. Commenting on the deal, Intec's CEO Kevin Adams said: "We are extremely pleased to have entered the growing Russian market with a high-profile, national-level operator like VimpelCom as our first client. It endorses Intec's status as the preferred choice for OSS in developing markets with high growth requirements and new service delivery." For More Information: Georgia Hanias/Andrew Rodaway Cubitt Consulting Intec Telecom Systems Fergus Wylie +44 (0) 7812 211 403 Olivia Whiteoak +44 (0) 7768 808082 +44 (0) 20 7367 5100 andrew.rodaway@intec-telecom-systems.com Fergus.wylie@cubitt.com georgia.hanias@intec-telecom-systems.com VimpelCom Vimpel-Communications (VimpelCom) is a leading provider of telecommunications services in Russia, operating under the "Bee Line" family of brand names, which are among the most recognized brand names in Russia. As of March 20, 2002, VimpelCom had more than 2.6 million subscribers. VimpelCom's portfolio of services include automated roaming and SMS-messaging. VimpelCom was the first Russian operator to implement GPRS roaming services. VimpelCom's American depositary shares are listed on the NYSE under the symbol "VIP." VimpelCom's convertible notes are listed on the NYSE under the symbol "VIP 05." For more information visit the website at http://www.beeline.ru Intec Telecom Systems Intec Telecom Systems is an award-winning worldwide Operations Support Systems ("OSS") vendor for fixed, mobile and IP/next-generation networks, with more than 250 customers for its products worldwide. Founded in 1997, Intec was listed on the London Stock Exchange (Code: ITL.L) in June 2000. Intec is the market leader in intercarrier billing systems and one of the largest suppliers of convergent mediation software. The company is currently listed in Deloitte Touche Tohmatsu's top 500 fastest growing companies in Europe, and received the prestigious Queen's Award for Enterprise in April 2002 for its success in growing international sales by almost 400% in 3 years. Intec's portfolio includes: • Inter-mediatE(TM) - convergent mediation solution • InterconnecT(TM) - intercarrier billing including US CABS and ITU • Inter-activatE(TM) - flow-through provisioning and activation • Inter-venE(TM) -- telecom fraud management software • Maxi-routE(TM) - least cost routing solution • Omni-chargE(TM) - billing for all types of non-call telecom services Intec's customer base includes, among others, AT&T, BellSouth, BellSouth Peru, Brazil Telecom, Cable & Wireless, Cesky Telecom (Czech Republic), COLT Telecommunications, EBT (Taiwan), France Telecom, Hutchison 3G, ITXC, Maroc Telecom, Maxis (Malaysia), Singtel Optus (Australia), Orange, Telecom Argentina, Telecom Egypt, Telecom Italia, TPSA (Poland), Swisscom, T-Mobile International, Telia (Sweden), Telkom South Africa, Telstra, US Cellular, Westel (Hungary), Vodafone and Verizon. For more information on Intec Telecom Systems, visit the website at http://www.intec-telecom-systems.com. This information is provided by RNS The company news service from the London Stock Exchange
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