Intec one of 500 fastest growing companies in Europe
– Outstanding employment growth earns Intec 64th place on 2004
Europe’s 500 Listing –
London, October 21, 2004 – Intec, a global supplier of
Operations and Business Support Systems (OSS/BSS) for the
telecoms industry, today announced that it has been listed 64th
among the fastest growing European companies included in the
2004 Europe's 500, an annual listing endorsed by 3i, Microsoft,
Boston Consulting Group, and PricewaterhouseCoopers and
published by Europe’s Entrepreneurs for Growth.
“Intec’s continued growth comes as a result a combination of
world-class products and a strong focus on delivering value to
over 450 customers worldwide,” added CEO Kevin Adams.
Europe’s 500 list shows that growth is not industry specific but
is driven by talented, innovative, risk-taking entrepreneurs.
The highest number of champions of growth in the 2004 Europe’s
500 is found within manufacturing (industrial goods) and
industrial services sector at 30% of the five hundred companies,
followed by IT services (15%) and management services (10%).
Intec is one of 77 companies in the IT sector who managed to
qualify for Europe’s 500.
“Given the economic environment of the last few years, Intec’s
continued growth is a real achievement. Europe needs to
stimulate employment through more fast growing companies like
Intec. We believe that these champions of growth should be
recognized as role models,” said Philippe Leonard of Europe’s
The Europe’s 500 listing identifies rapidly growing European
companies for their employment creation and rapid growth. Intec
will be officially recognized and honored for its remarkable
business achievements and growth in employment at the Europe’s
500 Awards Dinner on December 7, 2004 in Paris.
About Europe’s 500
Europe's 500 was first published in 1996 as an initiative of the
association also called Europe’s 500 (now known as Europe’s
Entrepreneurs for Growth) and has been published on an annual
basis ever since. During this time, more than 3,000 of Europe’s
high growth companies have received the accolade of being one of
Europe's 500 champions of growth. The listing is intended to
focus attention on entrepreneurial achievement and fast-growth
European companies. Its focus on job creation and growth in
medium-sized enterprises is unique and distinguishes it from
other business rankings. Full information and the complete 2004
Europe’s 500 Listing can be found at: www.europes500.com
Intec is a leading OSS product vendor for fixed, mobile and
next-generation networks (i.e. WLAN, 3G and IP), with more than
650 installations of its products worldwide in 450 customers.
Founded in 1997, Intec was listed on the London Stock Exchange
in June 2000. Intec is a market leader in inter-carrier billing
systems and convergent mediation software, and has recently
acquired strong capabilities in retail billing, IP billing and
real-time mobile service charging and control. For the year
ended 30 September 2003, Intec reported revenues of £50.7
million, with adjusted net earnings after tax of £4.1 million.
Intec’s product portfolio includes:
· Singl.eView™ – dynamic transaction management/retail billing;
· Inter-mediatE™ – convergent billing mediation solution;
· InterconnecT™ – inter-carrier billing including US CABS and
· Inter-activatE™ – flow-through provisioning and activation;
· InterconnecT CPM™ – end-to-end content partner management; and
· Intec DCP™ (Dynamic Charging Platform) – real-time
For more information on Intec and its products and solutions
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