Intec Reports Revenue Growth

LONDON -- Intec Telecom Systems PLC ("Intec" or "the Company"), a global provider of enterprise-level software and services, announces its unaudited results for the six months ended 31 March 2005 ("H1 2005"). A turnaround of the Singl.eView business acquired at the end of 2004 combined with continuing good execution in the core business have helped Intec meet revenue and profit objectives within a substantially enlarged business. A number of large contracts signed in the period combined with good momentum in current trading give the Board confidence in its ability to meet full year expectations. Intec has also recently appointed a new non-executive Chairman, John Hughes, who brings extensive experience within large, high-technology businesses in the telecom sector.

HIGHLIGHTS

Note: H1 2005 results reflect currency equivalents from GBP to USD calculated using the current rate of exchange (May 24, 2005). H1 2004 numbers reflect historical equivalents.

"Intec continues in its successful turnaround of the Singl.eView business with another solid set of results, a number of high-profile contract announcements, and a good pipeline for the rest of 2005. Combined with the core Intec business, this has allowed us to build a very good foundation for the rest of the year," said Intec's new Chairman, John Hughes. "I am also very pleased to be joining a business with a strong and stable management team, a global staff that is clearly focused on success, and a company that has a clear vision for the future."

"The major customer wins we have announced in recent months underline the growing acceptance of both Singl.eView and the core Intec products as true market leaders," added Chief Executive Kevin Adams. "Our pipeline of business for the rest of 2005 and beyond is very healthy, and I am particularly encouraged by the growing number of multi-product deals we are signing. Intec is now engaged in some of the most exciting new initiatives in the telecoms industry, such as IPTV and broadband mobile services. Our results for the half year, and the visibility we have looking forward, mean we are confident of meeting expectations for the full year."

Intec Telecom Systems plc