Re Contract

Intec Telecom Systems PLC
18 January 2005



  Intec wins key deal with STC, the leading telecoms provider in Saudi Arabia



  • Deal provides future business opportunities as the region continues
    deregulation of telecoms sector



18 January 2005: London: Intec, a leading OSS product vendor for fixed, mobile
and next-generation networks, today announced that it has signed a new deal with
Saudi Telecom Corporation (STC), the largest telecommunications provider in
Saudi Arabia. According to the terms of the multi-million dollar agreement,
Intec will supply STC with InterconnecT, its market leading intercarrier billing
system. InterconnecT helps operators to maximise revenues and reduce costs by
producing statements and invoices for outgoing and incoming call costs to
interconnect partners. The strategic project was won in full cooperation with
Intec's partner Getronics Middle East, one of the world's leading providers of
Information and Communication Technology (ICT) solutions and services.



"This is an extremely important customer win for Intec," said Kevin Adams,
Intec's CEO. "As one of the leading telecoms companies in the region, STC serves
as a role model for many operators in the Middle East, including domestic and
international providers. We will work closely with the company to ensure that
InterconnecT is successfully implemented across STC's networks in time for the
deregulation of the country's telecoms sector."



As Saudi Arabia deregulates its telecoms sector, STC will require new
capabilities to stay ahead of competition. Among them is a cost-effective
billing solution that can manage different inter-operator settlement agreements.
InterconnecT will provide this crucial business advantage by offering STC a
technology that can bill and settle all services from a single platform, with
full visibility of costs, revenues and margins across all lines of business.



"Competition for this contract was extremely tough as it pitted us against some
of the biggest names in the telecommunications business, including STC's
existing billing provider," explains Peter Deane, Intec's Managing Director for
the EMEA region.



Dr. Cedric Dib, Intec's Regional Director in the Middle East, added: "After
several strategic meetings, STC selected InterconnecT over its competitors on
the basis of its reputation as a scalable and highly adaptable billing solution.
STC was also impressed with the ongoing development of new features for the
software, which will ensure that STC has the technology to satisfy complex
requirements that are specific to sophisticated interconnect business models."



Another key to commercial success will be the flexibility to support new rating
and tariff schemes without stifling innovation as new services come to market.
The operator with the most adaptable billing solution will be able to lead the
Saudi Arabian market in competitive product bundling and charging methods.
InterconnecT will enable STC to gain this capability, providing a billing system
that can immediately support new rate changes and agreements - without
compromising billing accuracy.





For further information:


Financial Dynamics                                              [phone]

Edward Bridges

James Melville-Ross

Cass Helstrip







About Saudi Telecom Corporation

Saudi Telecom Corporation, the largest provider of telecommunications in Saudi
Arabia, was established in 1998. Since that time great progress in
Telecommunication Networks has been achieved. So far, STC serves the largest
number of subscribers in the Middle East. STC provides multiple communications
services, including fixed and mobile, voice and data services based on a variety
of transmission systems including microwave, fiber optic, coax, satellite and
submarine facilities. For more information, please visit, www.stc.com.sa





About Getronics

Getronics is one of the world's leading providers of Information and
Communication Technology (ICT) solutions and services with ongoing revenues of
EUR 2.6 billion in 2003. The company employs approximately 22,000 individuals to
support its focus on ICT infrastructure and business solutions, and create
business advantage for enterprises and governments in over 30 countries.



Getronics Middle East started operating in this region since early 90s and has
direct offices in Saudi Arabia, United Arab Emirates and authorized partners in
Qatar, Bahrain, Jordan, Syria, Egypt and Oman. The company is among the first to
introduce ICT End-to-End solutions and services to this region, and its strong
local presence with global consistency and capabilities has set the stage for
well planned expansion throughout the region. Getronics M.E. has its largest
operation in Saudi Arabia and the company is deploying additional resources in
the region to meet its planned business growth. Getronics designs, integrates
and manages ICT infrastructures and business solutions for many of the world's
largest global and local companies and organisations, helping them maximise the
value of their information technology investments. For further information about
Getronics, visit www.getronics.com





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 460 customers. Founded in 1997, Intec was listed on the
London Stock Exchange in June 2000. Intec is a market leader in billing,
mediation, mobile service charging and activation systems. For the year ended 30
September 2004, Intec reported revenues of £68.8 million, with adjusted net
earnings after tax of £8.7 million.



Intec's product portfolio includes:

•         Singl.eView(TM) - dynamic transaction management/retail billing

•         Inter-mediatE(TM) - convergent mediation solution;

•         InterconnecT(TM) - inter-carrier billing including US CABS and 
          ITU-based settlement;

•         Inter-activatE(TM) - flow-through provisioning and activation;

•         InterconnecT CPM(TM) - end-to-end content partner management; and

•         Intec DCP(TM) (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), 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), XO Communications, and Verizon.

For more information, visit the Intec website at www.intecbilling.com



                      This information is provided by RNS
            The company news service from the London Stock Exchange