Intec Signs Agreement with Major US Carrier For Singl.eView Convergent Billing; Multi-Million Dollar License and Services Agreement for Next-Generation Services and Consolidated Invoicing across Legacy Billing Systems.

ATLANTA & LONDON -- Intec, a global provider of business and operations support systems (BSS/OSS), announced today the signing of a multi-million dollar license and services agreement for Intec's award-winning billing solution, Singl.eView(TM), with a major US carrier. Singl.eView will manage billing of the carrier's next-generation services as well as providing consolidated billing, invoicing and reporting across its legacy billing platforms for the carrier's strategic business customers, including global corporations and government accounts.

This latest contract win for Singl.eView highlights a growing trend among the world's largest operators--consolidation of multiple operational and billing systems to reduce costs and increase customer service quality. By employing Singl.eView as a consolidated biller across a number of legacy billing systems, this major US communications provider will streamline its operations through automated bill consolidation capabilities across its full service set.

"Market consolidation and increasing competition is driving many operators to look harder at billing costs," said Kevin Adams, CEO of Intec. "Multiple legacy systems are expensive to run and they make it hard to offer a complete and seamless bill to customers who may have signed up for many different services. Like other companies that have recently chosen Singl.eView as their strategic billing platform going forwards, this major carrier will reap the benefits of reduced capex and opex costs, improved efficiency, harmonization of disparate systems, and the ability to effectively deliver on its managed services business strategy."

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 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 2004, Intec reported revenues of GBP 68.8 ($128.3) million, with an adjusted profit before tax of GBP 8.3 million ($15.7 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.