Re Contract

Intec Telecom Systems PLC 01 April 2003 Intec breaks into China market with new interconnect billing contract April 1st, 2003: Intec Telecom Systems, a global provider of Operations Support Systems (OSS) for fixed, wireless, and IP networks, has signed its first deal in China for its InterconnecTTM solution with China Telecommunications Broadcast Satellite Corporation (ChinaSat), one of the country's major telecommunications operators. InterconnecT, the world's leading intercarrier billing solution with over 60% global market share, will be used to manage interoperator billing and to support the rollout of new services for China's fast growing subscriber base. "This deal is significant for us in two ways," said Kevin Adams, Intec's CEO. " It is our first deal in mainland China, now the world's biggest and most dynamic telecommunications market. Through working with one of the leading state-owned operators in the country Intec will gain commercial exposure to promote its products and services to other Chinese telecoms companies. Secondly, the fact that InterconnecT was selected above other products in a competitive evaluation is a further testament to the product's reputation for market leadership and next-generation capabilities." InterconnecT is a sophisticated and scalable solution, capable of billing for everything from basic telephony billing to complex IP and next generation technologies. ChinaSat will be able to use the solution for any type of billing scenario, maximising its return on investment. "Through this agreement Intec has created a solid footprint in the region and is ready to become a major player in the future," said Aaron Low, Intec's manager in China. "In the long term we are looking to convert this win and the partnering agreements we have created into future Intec customer relationships. As China's operators prepare for new technologies such as next generation services, there will be a growing need to invest in OSS solutions with proven support for more complex revenue generation scenarios." InterconnecT's growing list of customers in Asia includes many tier one companies such as Indosat and Telkomsel Indonesia, Maxis Malaysia, FarEasTone Taiwan and VSNL India. A major advantage that Intec offers to Asia region customers is world-class service and support through its Asia-Pacific Centre of Excellence in Kuala Lumpur. "We have built a strong partnership with a local Chinese consultancy, SuperWay in Beijing, and this combined with our strong local Asian presence was key to winning the contract after a competitive tender process," explains Asia Pacific regional director John Rocca. "In the past six months Intec has begun to make real progress in China and start building relationships with both customers and partners. This is a groundbreaking first deal for us and hopefully just the beginning of new opportunities in the Chinese market." For more information: Georgia Hanias/Andrew Rodaway Fergus Wylie/Sarah Brydon +44 (0) 1483 745800 +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 300 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 top 2 suppliers of convergent mediation software. The company is currently listed in Deloitte Touche Tohmatsu's top 500 fastest growing companies in Europe, growing international sales by almost 400% in 3 years. Intec's portfolio includes: • Inter-mediatETM - convergent mediation solution • InterconnecTTM - intercarrier billing including US CABS and ITU • Inter-activatETM - flow-through provisioning and activation • Inter-contenTTM - end-to-end Content revenue management 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, Maxis (Malaysia), Singtel Optus (Australia), Orange, Telecom Argentina, Telecom Egypt, Telecom Italia, TPSA (Poland), SBC, 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
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