Acquisition Completion

Intec Telecom Systems PLC
31 August 2004



Intec Telecom Systems enters retail billing market with acquisition of '
Singl.eView' billing software division for $74.5 million



•    Over 1000 Intec staff developing, implementing and supporting OSS family



31 August 2004 - Intec Telecom Systems PLC is pleased to announce that it has
successfully completed the $74.5 million acquisition of the 'Singl.eView' retail
billing software division from ADC Telecommunications, Inc. The award-winning
Singl.eView product line, widely regarded to be one of the top retail billing
solutions available, is in use at over 70 Tier 1 and Tier 2 carriers in 17
countries, including Deutsche Telekom, Virgin Mobile, Hutchison 3G, SingTel
Optus, and Reliance. The deal approximately doubles Intec's staff team, adding
over 630 new employees worldwide.



"With the acquisition of Singl.eView, Intec now has the three key revenue
generating OSS applications: retail, interconnect and content, plus three
critical network facing OSS, convergent mediation, service activation, and
real-time charging," said Intec Executive Chairman, Mike Frayne. "The
acquisition also substantially enlarges our global presence with a total staff
team of 1300 people based in 26 offices worldwide. Intec now has over 320 people
in product development and over 680 in professional services, giving us a huge
capability to develop and implement the most sophisticated OSS projects in the
world."



The majority of the 70 active Singl.eView implementations are at larger (Tier 1
or large Tier 2) communications service providers, including Deutsche Telekom,
Virgin Mobile, Reliance (India), SingTel Optus, XO Communications, Hutchison 3G,
Tele2 and Inmarsat. The Singl.eView division recently won a number of awards for
its products and customer installations, including the prestigious 'Best Overall
Contribution to Billing', 'Best Billing Implementation - Telecoms' and 'Best
Billing Implementation - Utilities' at the 2004 Global Billing Awards in London.



Intec CEO, Kevin Adams, added: "We believe this transaction makes Intec one of
the leading OSS products companies in the world with over 450 customers and 600
installations, including 60% of the world's top 100 carriers. With around 1000
people developing and implementing our products we have an outstanding depth of
capability to offer to customers."



The acquisition of Singl.eView has been welcomed by customers and business
partners alike. According to John Bickmore, Director of Billing Services,
SingTel Optus, which uses both Singl.eView and Intec's InterconnecT and
Inter-mediatE products: "Intec has a big presence in Asia and we are therefore
very pleased to see Singl.eView, one of our most important applications, having
such strong local support from a global company."



Information on Intec Telecom Systems

Intec Telecom Systems 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.eViewTM - dynamic transaction management/retail billing

•         Inter-mediatETM - convergent mediation solution;

•         InterconnecTTM - inter-carrier billing including US CABS and ITU-based
          settlement;

•         Inter-activatETM - flow-through provisioning and activation;

•         Intec CPMTM - end-to-end content partner management; and

•         Intec DCPTM (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), EDS, 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) and Verizon.



For further information:


Intec Telecom Systems PLC                                    [phone]



Mike Frayne, Executive Chairman

Kevin Adams, CEO

Andrew Rodaway




Financial Dynamics                                          [phone]



Edward Bridges

James Melville-Ross

Cass Helstrip






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