Intec Telecom Systems invests in Danish OSS company Telmate

Adds routing optimisation technology to InterconnecT billing and settlement family

1 November 2004 - Intec Telecom Systems PLC is pleased to announce that it has invested £1.5 million in Denmark-based Operations Support Systems specialist Telmate. Telmate, which currently has a distribution agreement with Intec, has developed a strong capability in providing software for the management and routing optimisation of wholesale telecoms traffic.

The Telmate business will continue to be managed by its founders and current owners. However, the business will be co-located with Intec’s existing Denmark office to maximise the available synergies between the two businesses.

About Intec Billing
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 about Intec and its products and solutions visit www.intecbilling.com.

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