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INTRACOM Telecom Albania Offers International Scholarships

Tirana, 09 December 2009, - INTRACOM Telecom Albania, a subsidiary of INTRACOM TELECOM, announced today the awarding of full scholarships to Albanian students for graduate education at the Athens Information Technology College (AIT), an international educational and research college in Greece.

The Intracom Telecom Albania Scholarship Program for Albanian Citizens will be given for the 2010-2011 Masters Degree program MSc in Information Networking (MSIN) and will run for 16 months covering fees and insurance for the entire duration of the program. The MSIN diploma is granted directly from Carnegie Mellon University.

The Masters programs that AIT offers, aim at specializing students in the latest technological developments and best managerial practices in the ICT sector. This selective program targets Electrical Engineering and Computer Science graduates. MSIN students acquire the necessary skills to pursue leadership, technical, and management positions in a variety of sectors and industries.

About AIT

Athens Information Technology (AIT), which operates in collaboration with the world renowned American University Carnegie Mellon, is an internationally-renowned education and research college in the fields of information technology, telecommunications and innovation management. It was founded in 2002 by INTRACOM and since then, AIT has offered degrees and scholarships to more than 350 students from 21 countries, while the employment rate of its Alumni is 90%. AIT is located in Peania, a northern suburb of Athens. Its premises include three state-of-the-art interactive amphitheaters (totaling 400 seats) fully equipped with audiovisual network systems enabling tele-education; the region¢s most technologically advanced laboratories for embedded systems, software engineering & web applications, autonomic & grid computing, high speed & optical communications, and wireless & sensor networks; a library; study rooms; a bookstore; a restaurant-cafe; a recreation area and a dormitory.

About INTRACOM TELECOM Albania

INTRACOM TELECOM Albania S.A., a subsidiary of INTRACOM TELECOM, was established in 2001 in Albania. Its 250m2 headquarters are located in the centre of Tirana, while the company¢s warehouses cover an area of 600m2. The Company delivers complete technological solutions and provides high-quality after-sales services to its customers. INTRACOM TELECOM Albania employs 40 highly-skilled and experienced professionals that it considers as being its most valuable asset.

About INTRACOM TELECOM

INTRACOM TELECOM is a leading developer and producer of telecommunication systems as well as provider of integrated solutions and professional services to fixed and mobile operators in the EEMEA region. Over 100 customers in more than 50 countries choose INTRACOM TELECOM for its state-of-the-art products and solutions. INTRACOM TELECOM has 2,400 employees, operates subsidiaries in 16 countries and is amongst the largest European companies leading in R&D investments. Since June 2006, INTRACOM TELECOM has been controlled by JSC SITRONICS (Russia) with 51%. JSC SITRONICS is the technology subsidiary of JSFC SISTEMA, the largest consumer services company in Central and Eastern Europe. INTRACOM HOLDINGS Group (Greece) retains a 49% stake.