“This is one of our biggest and most important contract wins to date, and it underlines Intec’s ability to acquire, develop and market leading-edge OSS technology to some of the world’s largest telecom carriers,” said Kevin Adams, Intec’s CEO. “A win of this magnitude shows how DCP is gaining market traction in the IP and next generation services space, and that it can meet the functional and performance needs of one of the world’s largest carriers.”

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Intec DCP will provide a complete active mediation layer including real-time charging, access control and balance management for Premium Content services. Full functionality to support revenue sharing and settlement with Content Partners will also be provided. Intec expects to release more information on the customer and the project in due course.

Dynamic Charging - The Intec Dynamic Charging Platform (DCP) is a solution for wireless carriers that enables real-time, value based charging of advanced data network services such as IP data, content, mobile commerce and location-based services.

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Intec Telecom Systems wins multi-million dollar Dynamic Charging contract with major US Carrier

Intec Dynamic Charging Platform provides real time charging and control of new services

August 3, 2004: Intec Telecom Systems, a global provider of operations support systems (OSS) for fixed, mobile and IP/next-generation networks, today announced it has signed a multi-million dollar contract for its new Intec Dynamic Charging Platform (DCP). The customer, a major US communications company, will use DCP to launch and charge for innovative IP based products and services, generating new revenue streams for the operator. Intec DCP is based on technology originally developed by Digiquant, a company which Intec acquired in September 2003 and has subsequently integrated into the business.

About Intec
Intec is the world’s leading Operations Support Systems (“OSS”) product vendor for fixed, mobile and next-generation networks (i.e. WLAN, 3G and IP), with more than 570 installations of its products worldwide in over 400 customers. Founded in 1997, Intec was listed on the London Stock Exchange (Code: ITL.L) in June 2000. In 2003 Intec reported revenues of £50.7 million, with adjusted net earnings after tax of £4.1 million.

Intec’s product portfolio includes:
• Inter-mediatE™ - billing mediation software solution
Interconnect Billing - inter-carrier billing including US CABS and ITU-based settlement
• Inter-activatE™ - flow-through provisioning and service activation
• Intec CPM™ - end-to-end content partner management
• Intec DCP™ (Dynamic Charging Platform) – a real-time pre/post-paid charging interface between the network and the back office
InterconnecT OR Least Cost Routing - Optimal Least Cost Routing for effective interconnect cost reduction

Intec’s telecom billing software customer base includes, among others, BellSouth, BellSouth Peru, Brazil Telecom, Cable & Wireless, Cesky Telecom (Czech Republic), China Unicom, COLT Telecommunications, EBT (Taiwan), Eircom (Ireland), Energis, 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, Telia (Sweden), Telefonica, Telkom South Africa, Telstra, US Cellular, Westel (Hungary), Vodafone, VimpelCom (Russia), Vivo (Brasil) and Verizon.

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