Contract Extension

RNS Number : 4908D

Intec Telecom Systems PLC

16 September 2008

 



16th September 2008

Intec Telecom Systems

Contract extension 

Intec Telecom Systems PLC ("Intec" or the "Group"), a leading global supplier of billing and operations support systems, has secured a substantial contract extension from one of its most prestigious customers in North America.

The agreement includes a multi-million dollar software license extension that will be delivered immediately and recognised in the current financial year. It follows the successful completion of a pilot project for the same organisation. 

Andrew Taylor, Intec Chief Executive said:

"We are delighted to have won such a significant and strategic contract extension. This further demonstrates the power, relevance and benefits of our extensive portfolio. 

"Intec is successfully achieving its goals for 2008 and we reiterate our confidence in achieving our objectives for the full year as we stated in our Interim Results on 22 May and in our IMS on 19 August. We anticipate reporting FY08 results at the upper end of our expectations."

For further information, please contact:

Intec Telecom Systems PLC	www.intecbilling.com
Andrew Taylor, Chief Executive Officer Robin Taylor, Finance Director	[phone]
College Hill
Adrian Duffield/Carl Franklin	[phone]

About Intec Telecom Systems PLC

Intec supplies billing software solutions to over 70 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 1,700 staff and 34 offices in 26 countries. For more information visit www.intecbilling.com

 

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