Intec Sets New Standard in Multi-Service Telecom Mediation

— Inter-mediatE v5 helps carriers bring new services rapidly to market —

Atlanta/London, September 24, 2004 – Intec has launched the latest version of Inter-mediatE™, its market leading, award winning, multi-service mediation solution. Inter-mediatE v5, which is already in production processing 1 billion events per day at one of the world’s top 5 carriers, is the product of two years of focused development. v5 illustrates the company’s long term commitment to Inter-mediatE and to the 220 service providers using it today. In response to customer market drivers, v5 delivers tools that enable rapid service introduction, including a new Rapid Development Environment. v5 also addresses an operator’s financial and operational challenges by delivering an exceptionally low total cost of ownership enabled by efficient and scalable use of hardware, assured revenue processing, and an environment that facilitates operational excellence.

This point is reinforced by Inter-mediatE customers such as KMC Telecom, the largest privately-held US telecom operator, which recently conducted a lengthy evaluation of mediation solutions before selecting Inter-mediatE v5. George Stowers, IT manager at KMC, commented, “Network technologies and network services are changing rapidly. KMC needed a multi-service mediation solution that could handle our network and service evolution.”

“Service Providers are now forced to compete based on the service bundle that they can offer, and that encompasses the entire spectrum of voice, video, and data – the so-called triple-play,” says Rick Woods. “In 2004, we’ve found that correlation of network usage across multiple services is no longer the exception but the rule. A true multi-service mediation system is now a fundamental requirement for efficient, customer-centric operations.”

In addition to KMC, Inter-mediatE v5 is already implemented and in production at one of the top 5 operators globally, and is being delivered to other projects Intec has underway. Existing customers are excited by the new capabilities and many are planning the simple upgrade procedure in the coming months. The reliability of this process, which with many mediation systems is difficult or costly, requiring very expensive vendor services and extensive system reconfiguration, is straightforward with Inter-mediatE v5.

Inter-mediatE v5 cost effectively scales and supports operators processing less than a million events per day to operators processing in excess of 1 billion events per day. As an example, implemented on an entry level server costing less than $50,000, v5 processes 100 million events per day through its advanced, highly-tuned architecture. This hardware and operational efficiency results in a significantly reduced TCO compared to other vendors’ solutions, making Inter-mediatE uniquely suitable for small/medium size service providers. Tier 1 operators are fully supported with performance benchmarks that prove the ability to process 12.8 billion events per 10 hour processing day on a single server, which represents approximately ten times the daily average of the world’s largest operators.

About Intec
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 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.

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

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