Trading Update

Intec Telecom Systems PLC 07 August 2006 Embargoed for 7am 7 August 2006 Intec Telecom Systems PLC Trading Update Intec Telecom Systems PLC ("Intec" or "the Company"), a leading supplier of software, solutions and services to the global telecoms industry, today announces a trading update for its financial year ending 30 September 2006. As highlighted at the half year, Intec serves a dynamic and competitive market place which is experiencing a noticeable degree of consolidation between telecom operators globally, and particularly in North America. As a result of this consolidation, the board now believes that a small number of significant contracts that Intec had expected to finalise in the final quarter will be delayed beyond the end of the current financial year. Whilst the market for the products and services which Intec provides is growing, it continues to be difficult to predict the quantum and timing of specific purchasing decisions and the board will therefore continue to review the likely outcome for the year. As a consequence of these market dynamics, the Company expects that its revenues for the full year will fall in a range between £113m to £120m. During the course of this year Intec has accelerated its initiative to off-shore elements of its business as part of its on-going programme to achieve optimal operational efficiencies and reduction of its cost base. The Company is engaged in a number of significant new opportunities and continues to build upon its pipeline of business which provides a positive outlook for 2007. A conference call for analysts will be held at 9.00 am this morning on +44 20 8403 4201. For further information, please contact: Intec Telecom Systems PLC www.intecbilling.com Kevin Adams, Chief Executive Officer +44 (0)1483 745 823 Andrew Rodaway, Director of Marketing & Communications +44 (0)7768 808082 Smithfield Consultants Sara Musgrave, Tania Wild +44 (0)20 7360 4900 intec@smithfieldgroup.com Pictures are available for the media to view and download from www.vismedia.co.uk NOTES TO EDITORS About Intec Telecom Systems PLC Intec supplies billing software solutions to over 60 of the world's top 100 telecoms carriers and is one of the world's fastest growing major BSS/OSS (business and operations support systems) vendors. Intec's 350+ customers include AT&T, BellSouth, 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 has a comprehensive and expanding range of solutions and services ranging from market leading mediation and convergent billing products such as their Wholesale Business Management solution through to innovative IPTV solutions. Intec works closely with its customers, many of whom have been with Intec since its inception, to provide the highest standards of performance, flexibility and robustness to help carriers service their customers effectively and profitably. Founded in 1997, Intec is listed on the London Stock Exchange (ITL.L) and has over 1,600 staff and 31 offices in 25 countries. For more information visit www.intecbilling.com This information is provided by RNS The company news service from the London Stock Exchange
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