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Intec Telecom Systems PLC 21 August 2003 Intec signs InterconnecT agreement with Ukrainian Mobile Communications London/Kiev, August 21st, 2003: Intec Telecom Systems, a global provider of Operations Support Systems (OSS) for the telecommunications industry, today announced it has signed an InterconnecTTM agreement with Ukrainian Mobile Communications (UMC), the largest mobile operator in Ukraine. InterconnecT, the world leader in domestic and international intercarrier billing, will be deployed to enable UMC to accurately charge other carriers for using its network facilities. The solution will also provide superior scalability to deal with UMC's growing volume of calls, while minimising operational overhead in settling with other carriers. Commenting on the deal Kevin Adams, Intec's CEO said: "We are pleased to have gained a new customer in Ukraine, one of the fastest growing mobile markets in the world. This new agreement will help to integrate the billing operations of UMC, while generating new market opportunities for one of Intec's core products, especially in the fast-growing Eastern Europe market." UMC is the leading mobile communications operator in the Ukraine, with 47% market share. UMC boasts the widest coverage throughout the country, offering the greatest choice of services and innovation. In 2002 the number of UMC customers rose by about 60 percent. The company currently has 2.2 million clients in a country of 48 million people. "InterconnecT is a one-stop billing solution that will help increase UMC's revenue potential and help manage its customer base," said Adams. "Its proven flexibility and performance has many advantages over its interconnect billing competitors, ensuring that the system can be tailored quickly and efficiently to deal with anticipated growth in call traffic." The InterconnecT family is the market leader in interconnect billing with 60 per cent global market share and over 275 customer installations worldwide. Press Contacts: Georgia Hanias/Andrew Rodaway Fergus Wylie/Sarah Brydon +44 (0) 7812 211 403 +44 (0) 20 7367 5100 andrew.rodaway@intec-telecom-systems.com Fergus.wylie@cubitt.com georgia.hanias@intec-telecom-systems.com UMC, Kiev, Ukraine Andriy Hunder +380 50 110 3106 hunder@umc.ua www.umc.ua About Intec Telecom Systems Intec Telecom Systems is an award-winning worldwide Operations Support Systems ("OSS") vendor for fixed, mobile and next-generation networks (ie. WLAN, 3G and IP), with more than 330 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 convergent mediation software, and a recent winner of the 2003 Global Billing Award - Best Overall Contribution, and Telestrategies '2003 Mediation Excellence Award'. Intec's portfolio includes: • Inter-mediatETM - convergent mediation solution • InterconnecTTM - intercarrier billing including US CABS and ITU • Inter-activatETM - flow-through provisioning and activation • Inter-contenTTM - end-to-end content revenue management • Intec Dynamic Charging PlatformTM - a real-time pre/post-paid charging interface between the network and the back office Intec's customer base includes, among others, BellSouth, BellSouth Peru, Brazil Telecom, Cable & Wireless, Cesky Telecom (Czech Republic), COLT Telecommunications, EBT (Taiwan), Eircom (Ireland), France Telecom, Hutchison 3G, 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, VimpelCom (Russia) 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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