Re Agreement

Intec Telecom Systems PLC
19 February 2004

          Intec and Telefonica Moviles sign global framework agreement

•    Terms of agreement are available to all Telefonica Moviles affiliates,
     including Vivo in Brazil, and to the rest of the companies in the 
     Telefonica Group.

February 19, 2004, London: Intec Telecom Systems, a leading provider of
operations support systems (OSS) for fixed, wireless, and next-generation
communications services, today announced that it has signed a global software
framework agreement with Telefonica Moviles, one of the world's largest cellular
phone groups. Around 10 Telefonica group companies already use InterconnecT
products.

The agreement will enable any of Telefonica's and Telefonica Moviles'
affiliates to install Intec's market leading settlement family solution using a
standard contract and terms. The Telefonica Moviles' subsidiary in Brazil, Vivo,
will be one of the first to bring all its interconnect billing operations
together using Intec products under this agreement.

The agreement, whose terms are available to all the Telefonica Group's
affiliates worldwide, covers Intec's entire InterconnecT family products,
including InterconnecT, InterconnecT Settler, and InterconnecT ITU.

InterconnecT, the market leader in carrier-to-carrier billing with over 200
customers worldwide, allows communications service providers to bill for usage
of their networks by other carriers. Supporting any kind of service, from simple
voice to the most sophisticated next-generation mobile offerings, InterconnecT
will be available to all Telefonica Moviles and Telefonica affiliates as one of
the preferred solutions for the group worldwide.

"With an alliance in place we can cut costs and operating effort in our
affiliates. Developing such alliances has become a critical part of maintaining
a competitive advantage in the quickly evolving communications market," said
Juan Perales, General Director of Information Systems in Latin America for
Telefonica Moviles.

Designed specifically for the expanding needs of the communications industry,
Intec's InterconnecT range is a comprehensive family of carrier-to-carrier
billing applications that gives telecoms operators the capability to adapt to a
changing interconnect market. The solution offers proven flexibility and
performance to enable companies to handle all types of agreements across
national-level, multi-vendor networks. The InterconnecT family can handle all
types of domestic, international, ITU rules-based, and next-generation
communications services.

"This strategic global contract arrangement is beneficial for both Intec and
Telefonica Moviles and we are delighted to establish a formal partnership with
them," said Kevin Adams, Chief Executive Officer of Intec. "As a result of this
new alliance Intec could gain a substantial increase in its installed base,
particularly in Latin America - one of the fastest growing telecommunications
markets in the world.  In return, Telefonica Moviles will gain the ability to
roll out the world's most highly rated interconnect solution with short project
timescales and reduced costs."

Intec Contacts:

Intec Corp.   Andrew Rodaway     [phone]     [e-mail]
EMEA/A-P      Georgia Hanias     [phone]    [e-mail]
US            Rosemary Mount     [phone]         [e-mail]
CALA          Kelly Herring      [phone]         [e-mail]



About Telefonica Moviles
Telefonica Moviles manages all the cellular telephony operations of the
Telefonica Group worldwide.  of Telefonica Moviles Group With a presence in 13
countries and over 52 million active managed customers, Telefonica Moviles is
one of the world's largest mobile telephony groups. The company is a leader in
the growth markets of Spain and Latin America and also has operations in the
Mediterranean Basin. Shares in Telefonica
Moviles are traded on the New York Stock Exchange and on Spanish stock exchanges
under the symbol TEM. For more information visit the website
www.telefonicamoviles.com



About Intec Telecom Systems

Intec Telecom Systems is an award-winning worldwide Operations Support Systems
("OSS") vendor for fixed, mobile and next-generation networks (ie. WLAN, 3G and
IP), with more than 550 installations of its products worldwide.  Founded in
1997, Intec was listed on the London Stock Exchange (Code: ITL.L) in June 2000.
Intec is the market leader in intercarrier billing systems and convergent
mediation software, and a recent winner of the 2003 Global Billing Award - Best
Overall Contribution, and Telestrategies '2003 Mediation Excellence Award'.

Intec's portfolio includes:
•         Inter-mediatE(TM) - convergent mediation solution
•         InterconnecT(TM) - intercarrier billing including US CABS and ITU
•         Inter-activatE(TM) - flow-through provisioning and activation
•         Inter-contenT(TM) - end-to-end content revenue management
•         Intec Dynamic Charging PlatformTM - a real-time pre/post-paid charging
          interface between the network and the back office
•         Intec ASF(TM)  - end-to-end management for advanced data services

Intec's customer base includes, among others, BellSouth, BellSouth Peru, Brazil
Telecom, Cable & Wireless, Cesky Telecom (Czech Republic), China Unicom, COLT
Telecommunications, EBT (Taiwan), Eircom (Ireland), France Telecom, Hutchison
3G, Maxis (Malaysia), Singtel Optus (Australia), 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) and Verizon. For more
information on Intec Telecom Systems, visit the website at http://
www.intec-telecom-systems.com


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