Re Contract
Intec Telecom Systems PLC
29 August 2002
Intec Telecom Systems
Intec Telecom Systems signs multi-million dollar contract with leading US
communications provider for Inter-mediatE convergent mediation software
London, August 29, 2002 - Intec Telecom Systems (ITL.L), a leading worldwide
operations support systems (OSS) vendor for fixed, mobile and IP/next-generation
networks, has signed a multi-million dollar agreement with a leading US
communications provider and RBOC for its carrier-grade convergent mediation
solution, Inter-mediatE(TM), through the year 2007. The deal is the biggest
mediation win for Intec in its history, strengthening the company's market
position in the North American OSS market.
Working closely with the customer, Intec will consolidate 20 separate collection
systems - which collect billing data from a wide variety of networks, ranging
from IP to traditional telephony and wireless - into just three systems with the
Inter-mediatE solution. Implementation will be finalised by September 2003, and
will enable the customer to collect more than 1.5 billion messages per day from
more than 1,900 network elements and consolidate them for accurate billing.
"The telecom industry is looking for vendors that can supply a convergent
solution for their disparate networks. The selection of Intec by one of the most
influential telecom players in the world is proof of the flexibility and
scalability of our market leading mediation software," remarked Kevin Adams,
Intec's CEO. "We will work closely with them to ensure that Inter-mediatE
creates a strong network foundation for the company's business support systems,
including billing, customer care and related OSS applications."
The Inter-mediatE deal was signed after an extensive analysis against some of
Intec's toughest competitors. The customer cited superior flexibility,
scalability and real-time convergent capabilities as its reasons for choosing
Intec's mediation software. Inter-mediatE(TM) provides next-generation
functionality to carriers, including mobile (3G, CDMA, TDMA, GSM) operators,
pure IP, Voice-over-IP and convergent operators, content providers, and all
types of fixed line carriers. Inter-mediatE, a real-time data acquisition and
mediation system, is currently in use by more than 115 companies worldwide. This
client joins Intec's growing Inter-mediatE customer list, which includes
companies such as Verizon, Hutchison 3G, ITXC, BellSouth and Telstra.
Commenting on the deal, Intec's CEO Kevin Adams said: "The selection of
Inter-mediatE is further testament of the suitability of our product for any
type of network worldwide. North America in particular is an important market
for Intec, and we have invested heavily in our mediation technology to enhance
our capability in localisation and technical support. With Inter-mediatE's
superior performance and scalability, coupled with Intec's worldwide experience
in OSS installation, Intec will offer ongoing support, while continuing our goal
to become the preferred customer care and billing solution among next-generation
communications service providers in the region."
For more information:
Georgia Hanias/Andrew Rodaway Fergus Wylie/Peter Ogden
+44 (0) 7768 808082 +44 (0) 20 7367 5100
andrew.rodaway@intec-telecom-systems.com Fergus.wylie@cubitt.com
georgia.hanias@intec-telecom-systems.com
Intec Telecom Systems
Intec Telecom Systems is an award-winning worldwide Operations Support Systems
("OSS") vendor for fixed, mobile and IP/next-generation networks, with more than
250 customers for its products worldwide. Founded in 1997, Intec was listed on
the London Stock Exchange (Code: ITL.L) in June 2000. Intec is the market leader
in intercarrier billing systems and one of the largest suppliers of convergent
mediation software. The company is currently listed in Deloitte Touche
Tohmatsu's top 500 fastest growing companies in Europe, and received the
prestigious Queen's Award for Enterprise in April 2002 for its success in
growing international sales by almost 400% in 3 years. Intec's portfolio
includes:
• Inter-mediatE(TM) - convergent mediation solution
• InterconnecT(TM) - intercarrier billing including US CABS and ITU
• Inter-activatE(TM) - flow-through provisioning and activation
• InterogatE(TM) - Revenue assurance solution
Intec's customer base includes, among others, AT&T, BellSouth, BellSouth Peru,
Brazil Telecom, Cable & Wireless, Cesky Telecom (Czech Republic), COLT
Telecommunications, EBT (Taiwan), France Telecom, Hutchison 3G, ITXC, Maroc
Telecom, Maxis (Malaysia), Singtel Optus (Australia), Orange, Telecom Argentina,
Telecom Egypt, Telecom Italia, TPSA (Poland), Swisscom, T-Mobile International,
Telia (Sweden), Telkom South Africa, Telstra, US Cellular, Westel (Hungary),
Vodafone and Verizon. For more information on Intec Telecom Systems, visit the
website at http://www.intec-telecom-systems.com.
This information is provided by RNS
The company news service from the London Stock Exchange