REG-Intec Telecom Systems Plc: Trading Update

Released: 12/10/2009

 
Trading Update   
12 October 2009
                      Intec Telecom Systems PLC
                           Trading update
Intec Telecom  Systems PLC,  a global  provider of  business  support
systems solutions, is pleased to report a positive trading update  in
advance of its results for the year ended 30 September 2009.
Sales in the  second half  of the  year have  been in  line with  our
expectations with all regions performing  well in a difficult  global
economy.   With the majority of revenues billed in either Euros or US
dollars, the significant  weakness of Sterling  continues to  benefit
both revenues and profits.
In constant currency, gross margin  has improved year on year  which,
together with  the  maintenance  of operating  expenses  at  a  lower
percentage of revenues when compared  to FY08, is expected to  result
in adjusted pre-tax profits*  exceeding  current market expectations.
Cash generation has been especially strong and net cash was in excess
of £70 million as at 30 September 2009.
Preliminary results for the twelve  months to 30 September 2009  will
be announced on 24 November 2009.
*pre-exceptionals and the amortisation of acquired intangibles.
For further information, please contact:
Intec Telecom Systems PLC                                                  www.intecbilling.com
Andrew Taylor, Chief Executive Officer                                  +44 (0) 1483 745800
Robin Taylor, Finance Director
Financial Dynamics                                                               +44 (0) 20 7831 3113
Giles Sanderson / Juliet Clarke / Haya Herbert-Burns
About Intec
Intec supplies solutions to over 60  of the world's top 100  telecoms
carriers, and  is one  of the  world's fastest  growing suppliers  of
Business Support Systems (BSS) solutions.
Intec's 400 plus customers include AT&T, Antel, Cable & Wireless, The
Carphone Warehouse  (UK),  China  Unicom,  Deutsche  Telekom,  Eircom
(Ireland),  France  Telecom,  Hutchison  3G,  O2,  Orange,  T-Mobile,
Telefonica, Vodafone, Virgin Mobile,  Vivo and Verizon.  Intec  works
closely with its customers, many of  whom have been with Intec  since
its inception,  to  add real  value  and  ROI to  their  business  by
providing the  highest  standards  of  performance,  flexibility  and
robustness to  help communications  service providers  service  their
customers effectively and profitably.
*         Retail billing and customer management
*         Multi-service mediation and activation
*         Inter-carrier billing settlements including US CABS and
  ITU-based settlement
*         End-to-end content partner management
*         Optimised wholesale routing and trading
*         Real-time pre/post-paid mediation and charging
*         Pre-integrated solutions for wholesale, wireless and core
  IMS charging functions
*
Founded in 1997, Intec is listed on the London Stock Exchange (ITL.L)
and has over  1,600 staff and  31 offices in  24 countries. For  more
information, visit the Intec website at www.intecbilling.com.
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