AGM & Interim Mgmt Statement

Intec Telecom Systems PLC
18 February 2008


Intec Telecom Systems PLC

AGM and Interim Management Statement

18 February 2008





At its Annual General Meeting today, Intec Telecom Systems PLC ("Intec" or the "
Group"), a leading global supplier of billing and operations support systems to
the telecoms industry, provides its first Interim Management Statement for the
period from 1 October 2007 to 15 February 2008.



Current trading

The Board confirms that trading for the financial year to date was consistent
with management expectations at the time of the preliminary results announcement
on 27 November 2007.



The convergent billing contract in the Caribbean and Latin America (CALA)
region, referenced at the time of the preliminary results announcement, is
progressing and expected to be signed shortly.



Appointment of Chief Executive

As announced previously, Andrew Taylor joined the Board as Chief Executive
Officer in January 2008 and John Hughes returned to his position as
Non-Executive Chairman. Prior to joining Intec, Andrew Taylor, 39, served as
Chief Operating Officer of the UK and Ireland region at Alcatel-Lucent,
responsible for the delivery of annual revenues in excess of $1billion. His
strong track record of delivering operational efficiencies allied to top-line
growth will be instrumental in helping to drive the future success of Intec.



Financial position

There has been no material change in the financial position of the Group and the
balance sheet remains strong. Cash conversion remains a priority and management
is satisfied with the continued progress in the first months of FY2008.



Other material transactions during the period

On 30 November 2007, Intec completed the sale of the Denmark based Intec DCP
business to Volubill SA for an initial consideration of £1million in cash plus
ongoing royalty payments on certain parts of the revenue stream over the next
three years. As notified previously, the disposal is not expected to have a
material impact on results in future periods.



The project to consolidate Intec's Pennsylvania facility in North America into
Intec's three service centres in Atlanta, Dallas and San Antonio, is proceeding
according to management's initial expectations.



Outlook

The Group expects to release its interim results for the six months ended 31
March 2008 on 22nd May 2008.  The outlook for the year remains positive and
consistent with management expectations.



For further information, please contact:


Intec Telecom Systems PLC                               www.intecbilling.com
John Hughes, Non-Executive Chairman                     [phone]

Andrew Taylor, Chief Executive Officer

Robin Taylor, Finance Director


College Hill
Sara Musgrave / Ben Way                                 [phone]




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 leading BSS/OSS (business and
operations support systems) vendors. Intec's customers include AT&T, Cable &
Wireless, The Carphone Warehouse, China Mobile, Deutsche Telekom, Eircom, France
Telecom, Hutchison 3G, Orange, T-Mobile, Telefonica, Telstra, 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 through to
innovative IMS Charging 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 30 offices in 24 countries. For more information visit
www.intecbilling.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange