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Munich, 10 September 2001 - European Computer Telecoms AG (ECT), that
produces software-based switches and provides intelligent value added
services for network operators, today announced two prominent non-executive
directors have joined the six-member supervisory board of ECT: Wolfgang
Burghardt, Head of Intelligent Network Systems (IN) at Deutsche Telekom, and
Dr. Christian Kühl, Senior Vice President of Global Portfolio Management at
Siemens Business Services.



Wolfgang Burghardt has over 30 years of experience at Deutsche Telekom. For
more than 10 years, he has participated in all major developments and
standardisation committees within the field of intelligent networks
technology. Having played a leading role in the elaboration of international
standards for signalling at the CCITT / ITU-T (Telecommunication
Standardisation Sector of the International Telecommunications Union) and
the European Telecommunications Standards Institute (ETSI), Burghardt enjoys
an outstanding reputation within the intelligent networks sector.


Dr. Christian Kühl has more than 14 years of marketing and sales experience
in the telecoms industry. As Vice President at Siemens Business Services,
Dr. Kühl focuses on systems sales, system integration and the provision of
complete turnkey solutions within telecoms. Prior to his current position,
Dr. Kühl was Senior Vice President for Sales and Marketing at Mannesmann
Arcor in Eschborn, Germany, and he has also held various positions in sales
and product management at Siemens AG. "I am very pleased to join ECT as a
non-executive director and look forward to assisting them in their continued
elaboration of cutting-edge intelligent telecoms solutions", says Dr.
Christian Kühl.



"It's a great honour for us to welcome two more leading telecoms experts,
Wolfgang Burghardt and Dr. Christian Kühl, as non-executive directors. Their
many years of experience in telecoms, their expertise and, last but not
least, their personal network within the industry will fuel our continued
growth," comments Dr. Marshall E. Kavesh, CEO and co-founder of ECT.


ECT raises share capital to 2.5 million euros


ECT has also announced a major increase in its share capital from 106,500
euros to 2.5 million euros, financed completely from its own profits and
capital reserves. On this basis, ECT is launching a stock-option programme
for its employees, board of directors and non-executive directors.
Furthermore, in a unanimous vote, the shareholders have allocated up to 20%
of the share capital for mergers and acquisitions via share exchanges to be
negotiated at the discretion of the board of directors. With these major
changes in its financial structure, ECT has once again proven its financial
strength and clearly over-scored its expansionary course. "With these new
financial and corporate milestones, we've laid the groundwork for the next
phase in our corporate development. And as part of our strategic planning,
we're keeping all our options open, including going public, but in light of
our full order books, our financial independence and the weak stock markets,
we're taking a relaxed approach."



Stock-Option Programme


ECT has also allocated 10% of its increased share capital for stock options
to be granted
to employees and directors. "We are happy we can now offer an additional
long-term incentive model with this stock-option programme. We will thus not
only reward our highly dedicated and qualified team, but also win even more
expertise for our corporate expansion," notes Dr. Kavesh. "And of course, we
also have the ECT bonus system, through which our current 58 employees
directly share in the company's financial success."



About European Computer Telecoms AG


European Computer Telecoms AG was established in Munich in 1998, not long
after the German telecommunications market was liberalised. The company
develops and manufactures next-generation public switching solutions on the
basis of open-standard, Internet-compatible software and computer
technologies. As well as providing intelligent switching and service
platforms, ECT also helps its customers to open up new markets. Its services
range from creating new sources of revenue and optimising the use of
existing telecommunications infrastructure to the rapid introduction of new
services.



ECT's customers include large public network operators as well as
up-and-coming young carriers. The AutoCarrier(, a switching system developed
and marketed by ECT, is the first ever softswitch to use one and the same
hardware platform to provide a connection to the public telephone networks
as well as to implement intelligent value-added services. With its platform
for intelligent networks, INtellECT(, ECT also realises intelligent
value-added services on the basis of an intelligent network with INAP CS1
and CS2. Network operators, telephone companies and Internet service
providers can use service applications to respond instantly to changing
patterns of demand in their markets. They can develop entirely new services,
becoming innovators in their particular sector. A wide range of technologies
- such as prepaid or postpaid billing, data warehousing, advanced routing,
interactive voice response (IVR), Web-based administration, automatic call
distribution over the network, unified messaging, digital recording,
text-to-speech and speech recognition - can be implemented as new,
intelligent services without the need for high investment or long run-up
periods. ECT is constantly developing and integrating additional service
applications, all of which can be implemented directly on ECT softswitches
without any additional hardware. And the Internet can be used to make all
services directly available to resellers and end customers.


For more information, visit the ECT Web site at http://www.ect-telecoms.co.uk


For additional press information, please contact:


European Computer Telecoms AG
Albrecht Faber
Ridlerstrasse 55
80339 Munich
Germany
Telephone: +49 (0) 89 55 29 47 - 0
Fax: +49 (0) 89 55 29 47 - 111
E-mail: albrecht.faber@ect-telecoms.de



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David Reeks
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Telephone: +44 (0) 20 8996 4136
Fax: +44 (0) 20 8996 1236
E-mail: davidr@text100.co.uk

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