Re Contract

Intec Telecom Systems PLC 23 September 2003 Intec signs major multi-product deal with REACH in Asia • Leading Asian carrier selects InterconnecT, InterconnecT ITU and InterconnecT PREP London/Hong Kong/Sydney: Intec Telecom Systems, a global leader in Operations Support Systems (OSS) for the telecommunications industry, today announced a major billing software deal with REACH, Asia's largest international wholesale carrier of combined voice, IPLC and IP data services. After an extensive evaluation of other product vendors REACH selected Intec's award-winning InterconnecTTM and InterconnecTTM ITU billing software and Intec's InterconnecT PREPTM mediation pre-processor to replace two legacy systems currently used for intercarrier billing management. Commenting on the deal, Barbar Mennah, Director of Voice Services with REACH said, "Intec's solutions are an important part of our Voice Service Management Project. Our aim is to phase out the use of our two existing billing legacy systems in Hong Kong and Australia, which are cost-prohibitive to maintain and do not allow the regional sites to work as one centralised accounting unit. Intec's solutions will help streamline the billing process and lower costs by enabling us to use the same platform for both sites to run our global interconnect billing activities." The flexibility of Intec's rating and billing products gives REACH a competitive edge in the market . InterconnecT offers the performance required by REACH to handle large volumes of data and manage complex intercarrier partnerships with one system. Furthermore, InterconnnecT can bill for any service or combination of services. This billing flexibility is essential for REACH which offers an extensive range of wholesale voice, data, bandwidth, satellite and Internet services to other carriers and service providers in Asia and around the world. "We expect the processing of our customer requirements to be made easier with Intec's solutions," continued Mennah. "Their low cost of ownership and ease of integration with other applications will not only provide us with improved operability and enhanced revenue streams but also improve our management of regional and global interconnect standards." REACH is required to comply with many interconnect regulations, including those in Australia, the UK and Hong Kong, which are easily supported by Intec's advanced billing technology. InterconnecT ITU provides REACH with the additional capability of rating calls for international voice traffic in compliance with the complex tariff regulations imposed by the International Telecommunications Union (ITU). This is a crucial business requirement for REACH as it is one of the world's top ten carriers of international voice traffic. Intec's InterconnecT PREP will support the company's billing transactions by serving as a mediation pre-processor tool for the InterconnecT solutions. It will be configured to take data from REACH's existing mediation platform and prepare the information for InterconnecT billing processing. "We are extremely pleased to have signed this deal with REACH, one of the biggest wholesale communication providers in the world," said Kevin Adams, Intec's CEO. "The win recognises our expertise in replacing legacy systems with the best billing technology in the marketplace. With regional support from Intec's Centre of Excellence in Malaysia and our sales support office in Australia, REACH will gain the necessary integration and maintenance expertise to ensure the timely completion of this billing project." Press Contacts: Georgia Hanias/Andrew Rodaway Fergus Wylie/Sarah Brydon +44 (0) 7812 211 403 +44 (0) 20 7367 5100 andrew.rodaway@intec-telecom-systems.com Fergus.wylie@cubitt.com georgia.hanias@intec-telecom-systems.com About REACH REACH is an Asian-focused international carrier providing global connectivity services to other carriers and service providers. A 50-50 joint venture between Telstra and PCCW, REACH is Asia's leading international wholesale carrier of combined voice, IPLC and IP data services, operating the most diverse high-speed network in the region. REACH is also one of the world's top ten carriers of international voice traffic. REACH's services include an extensive portfolio of voice, data, IP and satellite connectivity solutions. The company has interests in more than 40 submarine cable and satellite systems (including Asia's largest teleport) and operating licences and landing rights in North America and Europe. REACH is headquartered in Hong Kong with a significant presence in Australia and substantial businesses across Asia, North America and Europe. For further information please visit www.reach.com. About Intec 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 500 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-mediatETM - convergent mediation solution • InterconnecTTM - intercarrier billing including US CABS and ITU • Inter-activatETM - flow-through provisioning and activation • Inter-contenTTM - 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 IMS - 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. This information is provided by RNS The company news service from the London Stock Exchange
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