Re Contract
Intec Telecom Systems PLC
25 May 2004
Intec wins high-value collaborative sourcing deal in Indonesia
• Multi-million dollar software and services deal signed
with PT Pratama Jaringan Nusantara for Intec product suite
London, May 25th 2004: Following an initial announcement on May 13th 2004, Intec
Telecom Systems today confirmed that it has signed one of the largest deals in
the Company's history for the supply of software and associated services to a
customer in the Asia-Pacific region. This Indonesian government-backed project,
which will create the first and largest Inter-carrier Traffic Clearing System in
the territory, will begin implementation during the latter half of 2004 and will
continue into 2005. Intec does not expect that revenue from the deal will have a
material impact on its current 2004 financial performance, but that it will be
able to recognize the majority of the contract value in its 2005 business year.
The agreement will last ten years.
The contract allows Intec to provide a complete suite of products that
complement the end to end process of the Intercarrier Traffic Clearing System.
These processes include the collection and mediation of CDRs right through to
the rating process as well as the reconciliation and settlement processes. Among
the products implemented are both of Intec's flagship applications, convergent
mediation and interconnect billing systems, both leaders in their respective
fields and widely used among major carriers worldwide. The selection of Intec
followed a highly competitive evaluation against many other vendors, with a
particular emphasis on performance and value in a high-volume environment.
During this evaluation process Intec demonstrated a strong dominance through its
solutions' abilities, such as robustness, security, reliability, and
scalability. Intec has been involved with its local partner, Pratama Jaringan
Nusantara (PJN), right through from the design phase to winning the project. The
deal is expected to substantially enhance the local presence of both companies.
"With the complete suite of Intec's robust technology, the highest level of its
management commitment and its vast regional knowledge and experiences in
interconnect settlement, I am confident that we can effectively and efficiently
deliver our objectives both to the government and to our customers." said Eddie
Sudijono, PJN's President Director. "Seamless integration, operation audit
ability, well-defined business processes and individualised environment are the
main drivers for our success. Intec plays tremendous roles in all of them."
"This agreement is certainly the largest deal that Intec has signed in
Asia-Pacific, and one of the largest ever worldwide," said Kevin Adams, Intec's
CEO. "It underlines our capability to provide solutions for the most technically
demanding carrier environments, as well as our global delivery and service
capabilities."
Press Contacts:
Intec Corp. Andrew Rodaway +44 (0) 7768 808082 andrew.rodaway@intec-telecom-systems.com
EMEA/A-P Georgia Hanias +44 (0) 7812 211 403 georgia.hanias@intec-telecom-systems.com
US Rosemary Mount +1 770 206 4600 Rosemary.mount@intec-telecom-systems.com
CALA Kelly Herring +1 404 705 2800 Kelly.herring@intec-telecom-systems.com
About Pratama Jaringan Nusantara
PT Pratama Jaringan Nusantara is an enterprise born in recognition of a need,
namely, to provide telecommunications operators with a neutral and fair
supervisory body to assist them in this new era. PT PJN acts as the "centre of
gravity" by imposing mutually beneficial order in a nebulous telco environment.
PT PJN closely follows the guidance and direction of the Government of
Indonesia, as well as consultation from its telco partners in formulating
strategies as the authorized body for the Telecommunications Traffic Clearing
System. PT PJN's Vision and Mission is to be a partner to the government which
is focused, professional, fair and trusted to create a standardization and
openness amongst telecommunication providers in this era of globalization,
deregulation and competition.
PT PJN's mission is to :
• Add value to the Telecommunications traffic clearing process
• Provide best of breed solutions to help in increasing levels of
productivity, effiency and accuracy in billing as well as assist in the
settlement of intercarrier accounting
• Enabling telecommunication providers to optimize performances of their
businesses.
About Intec Telecom Systems
Intec Telecom Systems is the world's leading Operations Support Systems ("OSS")
product vendor for fixed, mobile and next-generation networks (i.e. WLAN, 3G and
IP), with more than 570 installations of its products worldwide in over 400
customers. Founded in 1997, Intec was listed on the London Stock Exchange
(Code: ITL.L) in June 2000. In 2003 Intec reported revenues of £50.7 million,
with adjusted net earnings after tax of £4.1 million.
Intec's product portfolio includes:
• Inter-mediatETM - convergent mediation solution
• InterconnecTTM - inter-carrier billing including US CABS and ITU-based
settlement
• Inter-activatETM - flow-through provisioning and activation
• Intec CPMTM - end-to-end content partner management
• Intec DCPTM (Dynamic Charging Platform) - 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), China Unicom, COLT
Telecommunications, EBT (Taiwan), Eircom (Ireland), France Telecom, Hutchison
3G, Maxis (Malaysia), Nitel (Nigeria), Reliance (India), Singtel Optus
(Australia), O2 Ireland, Orange, Telecom Argentina, Telecom Egypt, Telecom
Italia, Tiscali, TPSA (Poland), Swisscom, T-Mobile International, Telia
(Sweden), Telefonica, Telkom South Africa, Telstra, US Cellular, Westel
(Hungary), Vodafone, VimpelCom (Russia), Vivo (Brasil) and Verizon.
This information is provided by RNS
The company news service from the London Stock Exchange