Re Contract

Intec Telecom Systems PLC
14 August 2002



          Intec wins multi-million pound mediation deal with COLT


London - (August 14th, 2002) - Intec Telecom Systems today announced a
multi-million pound, three-year contract with COLT Telecom Group for its
convergent mediation platform, Inter-mediatE(TM). After an extensive evaluation
process, COLT selected the solution for its proven performance and scalability.
Inter-mediatE gives COLT the ability to replace the existing mediation platforms
currently supporting COLT's network operations, offering greater flexibility for
collecting, processing and distributing network traffic information to COLT's
downstream systems, including billing. The new agreement complements an existing
contract between COLT and Intec for InterconnecT(TM) software, the market 
leading intercarrier billing solution that successfully operates across COLT's 
European networks.

"This will provide us with the infrastructure for our present and future needs
in billing and in launching new products across Europe," said Antony Willis,
Head of Service Management at COLT. "Intec not only demonstrated its willingness
and flexibility to meet COLT's requirements, but also the ability to provide the
service to support our business."

Intec's award-winning* Inter-mediatE system offers clients a convergent,
real-time mediation solution that is compatible with all fixed, wireless, and
next generation networks. Inter-mediatE uses an advanced distributed
architecture that allows users to gather high volumes of network usage data from
anywhere in the network for processing, enhancement and distribution to
downstream systems such as billing. Inter-mediatE has over 100 customers around
the world, including Telia Sweden, Hutchison 3G and ITXC in the USA.

"We are extremely pleased to extend our relationship with COLT, one of the most
dynamic telecommunications operators in Europe," said Kevin Adams, Intec's CEO.
"The selection process for winning this contract was very challenging - Intec
was pitted against many leading mediation vendors. COLT chose Intec because they
were satisfied that Intec could deliver the requirements for their new business
objectives based on the technology and success rate of the Inter-mediatE system.
As a dedicated user of our InterconnecT billing platform, COLT also had first
hand knowledge of our commitment to offering the highest level of technical
expertise and customer service. Winning this deal strengthens our position in
the mediation market, while demonstrating to other potential users that
Inter-mediate is an exceptional player in the OSS business."

* Inter-mediatE was selected in June 2002 for a Telestrategies Award of
Excellence for Mediation.

 For More Information:


Georgia Hanias/Andrew Rodaway                Cubitt Consulting
Intec Telecom Systems                        Fergus Wylie/Olivia Whiteoak
[phone]                         [phone]

[e-mail]     [e-mail]
[e-mail]


About COLT



COLT Telecom Group plc is a leading European provider of business communication
services. COLT has high bandwidth local networks in 32 European cities in
thirteen countries supported by a series of Internet Solution Centres and
inter-linked by a 15,000 route kilometre high capacity fibre-optic long distance
network.

COLT Telecom Group plc is listed on the London Stock Exchange (CTM.L) and Nasdaq
(COLT). Information about COLT and its products and services can be found on the
web at www.colt.net


For More Information
Antony Willis
Head of Service Management
Email:[e-mail]



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

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
      CNTGUUPARUPPGMW