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INTRACOM TELECOM appoints head of operations for its subsidiary in the Kingdom of Saudi Arabia (KSA)

Athens 09 October, 2007 - INTRACOM TELECOM, a part of SITRONICS Telecom Solutions business division, announced the appointment of Mr. Hani Salman as the Managing Director of its recently established subsidiary, INTRACOM TELECOM SOLUTIONS KSA, in the Kingdom of Saudi Arabia.

Mr. Hani Salman has 20 years of professional experience in leading international and local organizations in the ICÔ field. Mr. Ç. Salman is a graduate of Mansura University in Egypt and holds a BSc in Electronics and Communications.

Mr. Hani Salman, commented, "Saudi Arabia is one of the countries in the region that has been experiencing tremendous growth in the telecommunications sector during the past few years. We believe this trend will continue, and we are further strengthening our presence to meet the needs of our customers here. I am pleased and honoured to be given this opportunity with INTRACOM TELECOM SOLUTIONS KSA and to be part of this exciting growth phase".

Commenting on Mr. Hani Salman's appointment, Mr. S. Vougas, Managing Director of INTRACOM Middle East, said, "This appointment underlines our strategy to build strong local companies with recognized and proven management to support our customer's and the company's expansion. Mr. Hani Salman's leadership skills and background will enable us to further strengthen our position in one of Middle East's most demanding and promising markets."

About INTRACOM TELECOM
INTRACOM TELECOM is a leading developer and producer of telecommunication systems as well as supplier 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 2,700 employees, operates subsidiaries in 12 countries and is amongst the largest European companies leading in R&D investments. Since June 2006, INTRACOM TELECOM is controlled by JSC SITRONICS (Russia) with 51%. JSC SITRONICS is the technology subsidiary of JSFC SISTEMA, a leading diversified holding company in Russia and the CIS. INTRACOM HOLDINGS Group (Greece) retains a 49% stake.