Re Contract
Intec Telecom Systems PLC
18 June 2002
Intec signs $1 million OSS deal in India
June 18th, 2002 -Intec Telecom Systems, a global provider of Operations Support
Systems (OSS) for fixed, wireless and IP/next generation networks, today
announced the signing of an agreement to supply its InterconnecT(TM) and
Inter-mediatE(TM) solutions to one of India's largest telecommunications
companies. Valued at over $1 million US, the deal reinforces InterconnecT and
Inter-mediatE's position as the standard for carrier-grade intercarrier and
mediation systems, and gives Intec further access into Asia's rapidly expanding
telecommunications market.
"Intec is very pleased to have secured an OSS business agreement with yet
another high profile national grade carrier in Asia," said Kevin Adams, Intec's
CEO. "InterconnecT and Inter-mediatE are rapidly becoming the de facto choice
for major operators that want a solution from a financially stable supplier
committed to worldwide support."
With a population of over one billion people and one of the lowest telephone
service penetrations in the world, India offers massive growth potential for the
telecommunications industry, particularly for suppliers of high performance
solutions capable of dealing with very large call volumes. Intec's new business
partner in India, which is currently developing a nationwide backbone of fibre
optic network with terabit bandwidth, will use InterconnecT and Inter-mediatE to
offer a full range of voice, data, image and valued added services.
"Intec's partnership in India reinforces our position in this large new market,
creating a great opportunity to participate in the process of building and
managing the future of India's telecommunications industry", says John Rocca,
Intec's Regional Director. "The country is still in its formative stage in terms
of telephony development and Intec has many business opportunities to promote
all of its OSS billing software solutions."
For More Information:
Georgia Hanias/Andrew Rodaway Cubitt Consulting
Intec Telecom Systems Fergus Wylie
+44 (0) 1483-745954 +44 (0) 20 7367 5100
andrew.rodaway@intec-telecom-systems.com Fergus.wylie@cubitt.com
georgia.hanias@intec-telecom-systems.com
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 counts many of the world's leading companies as its customers, including
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), Vimpelcom (Russia), Verizon and Vodafone. 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