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Nokia and Intec to cooperate on the promotion of InterconnecT family products, including InterconnecT ITU and InterconnecT CABS

London/Helsinki, February 11 2003 - Intec Telecom Systems and Nokia have signed a global co-marketing agreement that will allow the Nokia sales force to promote Intec’s market-leading InterconnecT™ revenue-generation software family. InterconnecT is used by over 200 telecommunications companies worldwide, including Vodafone, Orange, Telesp Celular, Maxis, France Telecom, Swisscom Mobile and VimpelCom, to bill their carrier partners for voice, data, IP, SMS, MMS and content traffic.

Under this agreement, Nokia will promote InterconnecT family solutions to customers requiring carrier-to-carrier billing systems and will assist Intec in the licensing of the software. An interconnect billing solution is required by any communications company which has agreements to send and receive any kind of traffic to its partners. This includes the vast majority of carriers worldwide, for whom interconnect revenues are typically the first or second largest source of income after retail sales, potentially representing hundreds of millions of dollars annually. Interconnect revenue is particularly important to mobile operators as a majority of their calls will terminate or originate off-network, leading to substantial payments or bills to other carriers.

The agreement covers three products: InterconnecT, the world’s most widely installed carrier-to-carrier revenue generation solution; InterconnecT ITU, an innovative and widely-installed solution for international settlements according to ITU rules; and InterconnecT CABS CG, Intec’s US carrier access billing system used by over 100 companies.

"I'm pleased to start our co-operation with Intec for a world class interconnect solution," says Ilkka Toivola, General Manager of Mobile Software Integration at Nokia Networks. "Today, we can provide our operator customers with a comprehensive charging offering for new mobile data services, and the interconnect solution completes the charging chain for all the involved parties."

“We are very pleased to have created this agreement with Nokia to offer our revenue generation technology, as it will significantly raise our profile in the world’s mobile operators,” said Kevin Adams, Intec’s CEO. “As the world’s market leader in intercarrier billing, InterconnecT is used by over 30 GSM and 150 fixed-line providers today. Yet there are well in excess of 450 active mobile operators, and many will want to update their billing in future to deal with rising volumes and new services like MMS and content-based charging.”

For more information:

Georgia Hanias/Andrew Rodaway

+44 (0) 1483 745800

andrew.rodaway@intec-telecom-systems.com

georgia.hanias@intec-telecom-systems.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 320 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 top 2 suppliers of convergent mediation software. The company is currently listed in Deloitte Touche Tohmatsu’s top 500 fastest growing companies in Europe, 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-contenT™ - end-to-end content settlement

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, Maxis (Malaysia), Singtel Optus (Australia), Orange, Telecom Argentina, Telecom Egypt, Telecom Italia, TPSA (Poland), SBC, 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


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