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Atlanta/London, 10 July 2007 – Intec, a global provider of business and operations support systems (BSS/OSS), announced today the signing of a multi-million dollar deal with a US-based tier one provider to service the carrier access billing (CABS) requirements of the carrier’s wireline business. This top five, local exchange carrier will join a substantial list of tier-one customers handled by the Intec Managed Services division from its SAS 70 compliant facilities*. The three-year agreement includes the processing of 30 billion Call Detail Records (CDRs) per year for billing of the carrier’s access revenues.

Intec offers its software in flexible business models to customers. While the carrier opted to outsource its CABS processing to Intec’s Managed Services division, it will still have access to the system data and database for any required maintenance and reporting. The Intec Managed Services division provides turnkey outsourcing that supports carrier operations with experienced personnel and world-class facilities.

Intec will use its Interconnect CABS billing software along with Interconnect Prep, which will pre-process and format the usage records for billing. The carrier selected Intec after a thorough competitive evaluation, citing Intec’s depth of billing functionality as one of the key factors for its selection. The error management capabilities, the Account Receivable functionality provided by the subsidiary ledger, and more than 80 standard reports as well as ad hoc reporting, were all noted as critical components for this carrier.

Jim Meginley, who heads Intec Managed Services, said, “We are very pleased to have earned this new business, which recognizes the superiority of our product and the exceptional service provided by our staff in the Intec Managed Services division. The revenue generated from access can have a substantial impact on a carrier’s bottom line if fully and accurately billed, and the Intec offering maximizes that potential revenue.”

More than 70 carriers and MSOs rely on Intec Managed Services for their outsourced CABS processing. Available in both a licensed and outsourced model, Intec CABS is used by more than 110 service providers across North America. Due to increasing interest by service providers of all sizes and types, Intec has expanded its managed services offering over the last year to include billing and business process outsourcing as well as turnkey facilities management.

*SAS 70 is an acronym for Statement on Auditing Standard 70, which is developed and maintained by the American Institute of Certified Public Accountants. SAS 70 is a "Report on the Processing of Transactions by Service Organizations" where professional standards are set up for a service auditor that audits and assesses internal controls of a service organization. SAS 70 has grown increasingly popular following the implementation of the Sarbanes-Oxley Act, which adds importance in implementing SAS 70 as a resource to show the effectiveness of a service organization's internal controls and data security safeguards.

For further information, please contact:

Intec Telecom Systems PLC
www.intecbilling.com
Andrew Rodaway, Director of Marketing and Communications andrew.rodaway@intecbilling.com
+44 (0)1483 745 800
+44 7768 808082

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 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 1,700 staff and 31 offices in 25 countries.

For more information, visit the Intec website at www.intecbilling.com.

This press release was distributed by ResponseSource Press Release Wire on behalf of Intec Telecom Systems in the following categories: Computing & Telecoms, for more information visit http://pressreleasewire.responsesource.com/about.