Algeria's Leading GSM Operator OTA Signs Multi-Million Dollar Billing Software Agreement with Intec.

Business Editors

LONDON & ATLANTA--(BUSINESS WIRE)--June 8, 2004

Algeria's leading mobile operator, Orascom Telecom (OTA), has signed a contract with Intec Telecom Systems, a global provider of Operations Support Systems (OSS) for fixed, wireless, IP and next generation networks. Under the terms of an agreement valued at over $2 million, Intec will supply OTA with its InterconnecT(TM) billing and Inter-mediatE(TM) convergent mediation solutions to enable the GSM operator to effectively manage intercarrier billing and settlement. The deal is the third large contract Intec has announced in Africa this year, providing further evidence of the continent's growing demand for OSS solutions as well as Intec's dominant role in this large telecom market.

InterconnecT, the world's leading intercarrier billing system, will offer OTA the capability to handle the growing volume of network traffic generated by new mobile and fixed line intercarrier partnerships. Inter-mediatE, a carrier-grade convergent mediation solution, will support the InterconnecT system by delivering a platform that can collect and process usage information from OTA's entire network. This will be performed by gathering raw data from switches, routers, and servers and transforming it into detailed, accurate billing information.

The implementation of two Intec solutions at OTA highlights a growing trend among operators in developing markets. "Intec is benefiting from a strong OSS replacement market," commented Intec's Christian Ciupek. "Time and again Intec is being selected by leading operators to upgrade their legacy billing systems with our leading edge technology."

OTA is poised to capture an even greater subscriber base in Algeria as the country enters a period of political stability and economic rejuvenation. Since launching its services in 2002, OTA has become the leading GSM operator in the country with over 1.7 million subscribers. With a population of over 30 million people, there is tremendous potential for business growth as Algeria prepares for a mobile boom. According to the latest figures published by the country's Information and Communication Technologies Ministry, the number of wireless phone users in Algeria will soar to 8 million by 2005 with OTA securing the majority of subscribers.

About Orascom Telecom Algeria

Orascom Telecom Algeria (OTA) was founded in 2002 by the Orascom Telecom Holding S.A.E. (OTH), a major private conglomerate in Egypt. Operating under the brand name DJEZZY, OTA is one of the most successful operations of its kind, and is a major contributor to OTH's scale, growth, and mobile telecommunications leadership in the region. OTA commenced commercial operations under its brand in February 2002 and is already Algeria's leading telecommunications services provider. The company already has more than 1.7 million subscribers representing over 88 percent of the country's mobile market and a network coverage area serving over 70 percent of Algeria's roughly 31.8 million inhabitants.

About Intec Telecom Systems

Intec Telecom Systems is the world's leading Operations Support Systems ("OSS") product vendor for fixed, mobile and next-generation networks (i.e. WLAN, 3G and IP), with more than 570 installations of its products worldwide in over 400 customers. Founded in 1997, Intec was listed on the London Stock Exchange (Code: ITL.L) in June 2000. In 2003 Intec reported revenues of GBP 50.7 million, with adjusted net earnings after tax of GBP 4.1 million.

For more information on Intec Telecom Systems, visit the website at http://www.intec-telecom-systems.com.