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June 18th, 2002 –Intec Telecom Systems, a global provider of Operations Support Systems (OSS) for fixed, wireless and IP/next generation networks, today announced the signing of an agreement to supply its InterconnecT™ and Inter-mediatE™ solutions to one of India’s largest telecommunications companies. Valued at over $1 million US, the deal reinforces InterconnecT and Inter-mediatE’s position as the standard for carrier-grade intercarrier and mediation systems, and gives Intec further access into Asia’s rapidly expanding telecommunications market.
“Intec is very pleased to have secured an OSS business agreement with yet another high profile national grade carrier in Asia,” said Kevin Adams, Intec’s CEO. “InterconnecT and Inter-mediatE are rapidly becoming the de facto choice for major operators that want a solution from a financially stable supplier committed to worldwide support.”


With a population of over one billion people and one of the lowest telephone service penetrations in the world, India offers massive growth potential for the telecommunications industry, particularly for suppliers of high performance solutions capable of dealing with very large call volumes. Intec’s new business partner in India, whcih is currently developing a nationwide backbone of fibre optic network with terabit bandwidth, will use InterconnecT and Inter-mediatE to offer a full range of voice, data, image and valued added services.


“Intec’s partnership in India reinforces our position in this large new market, creating a great opportunity to participate in the process of building and managing the future of India’s telecommunications industry”, says John Rocca, Intec’s Regional Director. “The country is still in its formative stage in terms of telephony development and Intec has many business opportunities to promote all of its OSS billing software solutions.”


For More Information:


Georgia Hanias/Andrew Rodaway
Intec Telecom Systems
+44 (0) 1483-745954
andrew.rodaway@intec-telecom-systems.com
georgia.hanias@intec-telecom-systems.com


Fergus Wylie
Cubitt Consulting
+44 (0) 20 7367 5100
Fergus.wylie@cubitt.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 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™ - convergent mediation solution


· InterconnecT™ - intercarrier billing including US CABS and ITU


· Inter-activatE™ - flow-through provisioning and activation


· Inter-venE™ -- telecom fraud management software


· Maxi-routE™ - least cost routing solution


· Omni-chargE™ – billing for all types of non-call telecom services


Intec’s counts many of the world’s leading companies as its customers, including 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), Vimpelcom (Russia), Verizon and Vodafone. For more information on Intec
Telecom Systems, visit the website at http://www.intec-telecom-systems.com

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