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London/Cairo – 24th October, 2002 – Intec Telecom Systems, a global provider of Operations Support Systems (OSS) for telecommunications companies, and Giza Systems, a leading IT solution provider in the Middle-East, today announced a substantial second contract win with Telecom Egypt. The deal will supply Telecom Egypt, the country’s national communications company, with Intec’s InterconnecT ITU™ product for use in settling accounts with full compliance to the standards outlined by the International Telecommunications Union (ITU). Telecom Egypt is an existing user of Intec’s InterconnecT™ and Inter-mediatE™ solutions for intercarrier billing and mediation, which were successfully implemented and supported by Giza Systems across the company’s network in 2002. The business benefits achieved through the installation of these solutions encouraged the company to purchase InterconnecT ITU, which will complement the domestic intercarrier settlement platform.
“Intec’s Inter-mediatE and InterconnecT solutions have enabled us to optimise our profitability, and we anticipate the same level of success with the implementation of InterconnecT ITU,” says Azza Turk, Vice President, Telecom Egypt. “This project confirms Intec’s partnership with Giza Systems to be a success, and assures their ability to work together in providing a flexible billing platform, giving us the ability to easily evolve our services and business models to meet emerging market requirements.”
“We are very pleased to extend our close relationship with Giza Systems and work with them again to service and support Telecom Egypt,” says Tarek Mneimneh, Intec’s Middle-East regional manager. “As the biggest and most influential telecommunications company in the country, Telecom Egypt’s approval for our products is a strong endorsement for Intec. The company was impressed by the flexibility and scalability of Intec’s InterconnecT and Inter-mediatE solutions, which have helped to deliver additional revenue streams through fast and accurate usage collection, mediation and billing. InterconnecT ITU will provide even further settlement support as Telecom Egypt continues to expand the scope of its business to include more international partnerships.”



Intec’s InterconnecT ITU billing solution will allow Telecom Egypt to improve its billing of international interconnection partners in line with global regulations. As the leader in intercarrier billing with nearly 40% market share, Intec’s InterconnecT solution provides Telecom Egypt with a proven technology that can support any network requirement, including next generation services. InterconnecT ITU offers full international settlements capability, including automated reconciliation of settlements statements, issuance of ITU settlements statements and automated settling.

“Together with Intec we strive to offer customers the best and most innovative network solutions,” explains Shehab El Nawawi, Managing Director of Giza Systems. “Winning a second agreement with Telecom Egypt is a testament of the quality of products service and support that we deliver. GIZA is extremely pleased to work with Intec to extend its services to one of the biggest telecommunications companies in the Middle-East, and we expect to see further opportunities arise in the region as result of this success.”

For More Information:

Georgia Hanias/Andrew Rodaway

Intec Telecom Systems

+44 (0) 7812 211 403

andrew.rodaway@intec-telecom-systems.com

georgia.hanias@intec-telecom-systems.com

Telecom Egypt


Telecom Egypt, formerly known as Arento, was established in 1918 as the Egyptian telegraph and telephone administration. Today it is the incumbent operator of telecommunications in Egypt, also providing the infrastructure for the 60 existing Internet Service Providers in 18 regions within Egypt. Its services include Basic Telephony, International services for telephony and leased lines, Frame relay, ATM, ISDN, Intelligent Networks, Voice over IP gateways, DSL services, VSAT hub and hubless operation. The company also provides all the transmission facilities in Egypt. For more information please visit the website http://www.telecomegypt.com.eg


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

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, 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), Vodafone and Verizon. For more information on Intec Telecom Systems, visit the website at http://www.intec-telecom-systems.com.

Giza Systems

Giza Systems is a leading solutions provider with an established presence in the Middle East and Africa. Incorporated in 1974, Giza Systems has been the pioneer in information technology in the region for more than two decades. We offer solutions for Telecommunications, Banking and Finance, oil and gas, and Networking.

Giza Systems is committed to providing state-of-the-art technology solutions that are complete, secure and adhering to the highest quality standards.

Giza Systems has a profound understanding of the Middle East culture, values and business practices. This combined with our technical expertise and proven experience in implementing effective solutions, and providing excellent service and support accounts for most of our success in the Arab world. Our alliances with global leaders enable us to provide international IT solutions to our customers by customizing them to suit local requirements.

http://www.gizasystems.com



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