Intec signs million dollar deal with Brazil

London/Sao Paulo, October 24, 2001 - Intec Telecom Systems, a leading provider of Operations Support Systems, has sold both its InterconnecT™ and Inter-mediatE™ software solutions to Tele Centro Oeste (TCO), one of Brazil's leading cellular operators. Under the agreement, which is valued at $1 million dollars (US), TCO has licensed InterconnecT for intercarrier billing and Inter-mediatE for convergent mediation. Inter-mediatE allows the company to collect and process information on traffic carried over its network. InterconnecT uses this data to enable TCO to bill other carriers and business partners for using its networks and services.

"This deal underlines our growing ability to offer a compelling solution set to major operators, with both our major product lines included," said Kevin Adams,
Intec's CEO. "This deal also further strengthens our leadership in Brazil, providing a platform to support future business expansion across Latin America."

"Intec's Interconnect and Inter-mediatE solutions will offer superior network scalability and real-time support for new services", says Luiz Blanco, Financial Director of TCO. "They will also provide low-overhead operation and maintenance, allowing us to concentrate on network improvements and customer care."

Investment in the fast-growing telecommunications sector in Brazil is expected to reach £40 billion pounds by the end of 2005. TCO, as one of the leading mobile providers, already covers nearly 68 percent of the total Brazilian territory and 17 percent of the country's population. Intec's billing solutions will provide TCO with the scalability and flexibility to support the evolution of its network in this dynamic environment. Interconnect and Inter-mediatE are compatible across IP, mobile and fixed networks, enabling TCO to collect raw network usage data from any type of network device and transform it into billable business information.