Trading Update

12 October 2009 Intec Telecom Systems PLC Trading update Intec Telecom Systems PLC, a global provider of business support systems solutions, is pleased to report a positive trading update in advance of its results for the year ended 30 September 2009. Sales in the second half of the year have been in line with our expectations with all regions performing well in a difficult global economy. With the majority of revenues billed in either Euros or US dollars, the significant weakness of Sterling continues to benefit both revenues and profits. In constant currency, gross margin has improved year on year which, together with the maintenance of operating expenses at a lower percentage of revenues when compared to FY08, is expected to result in adjusted pre-tax profits* exceeding current market expectations. Cash generation has been especially strong and net cash was in excess of £70 million as at 30 September 2009. Preliminary results for the twelve months to 30 September 2009 will be announced on 24 November 2009. *pre-exceptionals and the amortisation of acquired intangibles. For further information, please contact: Intec Telecom Systems PLC www.intecbilling.com Andrew Taylor, Chief Executive Officer +44 (0) 1483 745800 Robin Taylor, Finance Director Financial Dynamics +44 (0) 20 7831 3113 Giles Sanderson / Juliet Clarke / Haya Herbert-Burns About Intec Intec supplies solutions to over 60 of the world's top 100 telecoms carriers, and is one of the world's fastest growing suppliers of Business Support Systems (BSS) solutions. Intec's 400 plus customers include AT&T, Antel, 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 add real value and ROI to their business by providing the highest standards of performance, flexibility and robustness to help communications service providers service their customers effectively and profitably. * 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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