The agreement will enable any of Telefónica’s and Telefónica Móviles' affiliates to install Intec's market leading settlement family solution using a standard contract and terms. The Telefónica Móviles’ subsidiary in Brazil, Vivo, will be one of the first to bring all its interconnect billing operations together using Intec products under this agreement.

The agreement, whose terms are available to all the Telefónica Group’s affiliates worldwide, covers Intec's entire InterconnecT family products, including InterconnecT, InterconnecT Settler, and InterconnecT ITU.

InterconnecT, the market leader in carrier-to-carrier billing with over 200 customers worldwide, allows communications service providers to bill for usage of their networks by other carriers. Supporting any kind of service, from simple voice to the most sophisticated next-generation mobile offerings, InterconnecT will be available to all Telefónica Móviles and Telefónica affiliates as one of the preferred solutions for the group worldwide.

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Intec and Telefónica Móviles sign global framework agreement

Terms of agreement are available to all Telefónica Móviles affiliates, including Vivo in Brazil, and to the rest of the companies in the Telefónica Group.

February 19, 2004, London: Intec Telecom Systems, a leading provider of operations support systems (OSS) for fixed, wireless, and next-generation communications services, today announced that it has signed a global software framework agreement with Telefónica Móviles, one of the world’s largest cellular phone groups. Around 10 Telefónica group companies already use InterconnecT products.

"With an alliance in place we can cut costs and operating effort in our affiliates. Developing such alliances has become a critical part of maintaining a competitive advantage in the quickly evolving communications market," said Juan Perales, General Director of Information Systems in Latin America for Telefónica Móviles.

Designed specifically for the expanding needs of the communications industry, Intec's InterconnecT range is a comprehensive family of carrier-to-carrier billing applications that gives telecoms operators the capability to adapt to a changing interconnect market. The solution offers proven flexibility and performance to enable companies to handle all types of agreements across national-level, multi-vendor networks. The InterconnecT family can handle all types of domestic, international, ITU rules-based, and next-generation communications services.

“This strategic global contract arrangement is beneficial for both Intec and Telefónica Móviles and we are delighted to establish a formal partnership with them," said Kevin Adams, Chief Executive Officer of Intec. "As a result of this new alliance Intec could gain a substantial increase in its installed base, particularly in Latin America - one of the fastest growing telecommunications markets in the world. In return, Telefónica Móviles will gain the ability to roll out the world's most highly rated interconnect solution with short project timescales and reduced costs."

About Intec Telecom Systems
Intec Telecom Systems is an award-winning worldwide Operations Support Systems (“OSS”) vendor for fixed, mobile and next-generation networks (ie. WLAN, 3G and IP), with more than 500 installations of 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 convergent mediation software, and a recent winner of the 2003 Global Billing Award – Best Overall Contribution, and Telestrategies ‘2003 Mediation Excellence Award’.

Intec’s portfolio includes:
Inter-mediatE™ - convergent telecom mediation solution
InterconnecT™ - carrier access billing including US CABS and ITU
Inter-activatE™ - flow-through provisioning and service activation
Inter-contenT™ - end-to-end content revenue management
Intec Dynamic Charging Platform™ – a real-time pre/post-paid charging interface between the network and the back office
Intec ASF™ - end-to-end billing and management for advanced data services

Intec’s customer base includes, among others, BellSouth, BellSouth Peru, Brazil Telecom, Cable & Wireless, Cesky Telecom (Czech Republic), China Unicom, COLT Telecommunications, EBT (Taiwan), Eircom (Ireland), France Telecom, Hutchison 3G, Maxis (Malaysia), Singtel Optus (Australia), Orange, Telecom Argentina, Telecom Egypt, Telecom Italia, Tiscali, TPSA (Poland), Swisscom, T-Mobile International, Telia (Sweden), Telefonica, Telkom South Africa, Telstra, US Cellular, Westel (Hungary), Vodafone, VimpelCom (Russia) and Verizon. For more information on Intec Telecom Systems, visit the website at http://www.intec-telecom-systems.com.


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