.Intec secures billing contract with Bezeq, Israel’s national telecommunications provider

10 February 2005, London: Intec Telecom Systems, a leading OSS software vendor for fixed, mobile and next-generation networks, has secured an important contract with Bezeq, The Israel Telecommunication Corp., Limited. Intec will supply Bezeq with both InterconnecT, its market leading intercarrier billing system, and InterconnecT Automated Reconciliation (AR). The deal was won in partnership with DM3000, an Intec business partner based in Cesarea, Israel.

InterconnecT helps operators to maximise revenues and reduce costs by generating statements and invoices for outgoing and incoming call costs to interconnect partners. As the company moves towards privatisation, the cost effectiveness of the InterconnecT billing solution will provide crucial business advantage for Bezeq by billing and settling all services from a single platform, with full visibility of costs, revenues and margins across all lines of business. InterconnecT AR is an add-on module which greatly simplifies and accelerates the complex and time-consuming problem of reconciling billing disputes or inconsistencies between carrier partners.

Mr. Raz Heiferman, VP for Information Technology of Bezeq, said: “Central to our search for an efficient billing system was a desire to minimise inter-carrier discrepancies and streamline the settlement process. By choosing InterconnecT, we will be able to address this need, strengthening our position with other carriers and making us more efficient.”

Bezeq, The Israel Telecommunication Corp., Limited
Bezeq is Israel’s national telecommunications provider. Established in 1984, the company has led Israel into the new era of communications, based on the most advanced technologies and services. Bezeq and its subsidiaries offer the full range of telecommunication services including domestic, international and cellular phone services; Internet, ADSL, and other data communications; leased lines, and corporate networks. www.bezeq.co.il

About Intec Billing
Intec is a leading Operations Support Systems (OSS) product vendor for fixed, mobile, MVNO and next-generation networks (e.g. WLAN, 3G and IP), with more than 680 installations of its products worldwide in 470 customers. Founded in 1997, Intec was listed on the London Stock Exchange in June 2000. Intec is a market leader in billing, mediation, mobile service charging and activation systems. For the year ended 30 September 2004, Intec reported revenues of £68.8 million, with adjusted net earnings after tax of £8.7 million.

Intec’s product portfolio includes:
· Singl.eView™ – dynamic transaction management/retail billing - also referred to as Singleview.
· Inter-mediatE™ – convergent billing mediation solution;
· InterconnecT™ – inter-carrier billing including US CABS and ITU-based settlement;
· Inter-activatE™ – flow-through provisioning and activation;
· InterconnecT CPM™ – end-to-end content partner management; and
· Intec DCP™ (Dynamic Charging Platform) – real-time pre/post-paid charging.

Intec’s customer base includes, among others, BellSouth, BellSouth Peru, Cable & Wireless, Cesky Telecom (Czech Republic), China Unicom, COLT Telecommunications, Deutsche Telekom, EBT (Taiwan), Eircom (Ireland), France Telecom, Hutchison 3G, Maxis (Malaysia), Nitel (Nigeria), Reliance (India), SingTel Optus (Australia), O2 Ireland, Orange, Telecom Argentina, Telecom Egypt, Telecom Italia, Tiscali, TPSA (Poland), Swisscom, T-Mobile International, Telefonica, Telia (Sweden), Telkom South Africa, Telstra, US Cellular, Westel (Hungary), Vodafone, VimpelCom (Russia), Virgin Mobile, Vivo (Brasil), XO Communications and Verizon.

For more information about Intec and its products and solutions visit www.intecbilling.com.

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