Intec Contract Win

PRESS RELEASE Intec Secures Multi-Million Euro Contract Extension with Leading Eastern European Operator London, July 2nd 2009: Intec, a global provider of business and operations support systems (BSS/OSS), has announced an eight figure (Euro) value contract extension with a leading Eastern European telecommunications service provider. The contract extension covers the installation of Intec's high-performance Convergent Billing solution (Singl.eView). As a result of the deployment the operator will be able to run a fully convergent billing platform, which will enable it to launch innovative new products and services at a rapid rate to both pre-paid and post-paid subscribers. Furthermore, especially important in such a competitive marketplace, a fully convergent billing system will help the operator support its MVNO billing strategy. The Eastern European operator selected Intec based on exceptional technology performance and service delivery achieved by Intec in its previous billing implementation. Andrew Taylor, Chief Executive Officer of Intec Telecom Systems PLC, commented: "This is a very significant contract for Intec, and further validates our ability to deliver world-class solutions which help our customers achieve considerable competitive edge and deliver higher levels of revenues, increased efficiencies, and significantly improved levels of customer satisfaction. The announcement also underpins our expected financial performance in the current year." - Ends - For further information, please contact: Intec Telecom Systems PLC +44 (0) 1483 475800 Andrew Taylor, Chief Executive Officer www.intecbilling.com Robin Taylor, Finance Director Financial Dynamics +44 (0) 20 7831 3113 Giles Sanderson / Juliet Clarke / Haya Chelhot About Intec Intec supplies solutions to over 70 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 400 customers include AT&T, 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 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. Intec's comprehensive and expanding range of products, solutions and services includes: * Retail billing and customer management * Multi-service mediation and activation * Inter-carrier billing settlements including US CABS and ITU-based settlement * End-to-end content partner management * Optimised wholesale routing and trading * Real-time pre/post-paid mediation and charging * Pre-integrated solutions for wholesale, wireless and core IMS charging functions Founded in 1997, Intec is listed on the London Stock Exchange (ITL.L) and has over 1,600 staff and 31 offices in 24 countries. For more information, visit the Intec website at www.intecbilling.com. ---END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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