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Alexandros Manos appointed Deputy Head of SITRONICS JSC Telecommunication Solutions Business Division

Moscow, Russia, Hannover, CeBIT - March, 16, 2007 - SITRONICS JSC announced three new appointments in its Telecommunication Solutions business division. Igor Hulak has been appointed Head of SITRONICS Telecom Solutions business division, and Alexandros Manos and Evgeny Maximenko, Deputy Heads responsible for the EEMEA and Russia & the CIS regions respectively.

It is worth mentioning that Alexandros Manos, in parallel with his new position, remains the Managing Director of INTRACOM TELECOM, a position he holds since January 2006. Manos was born in Washington DC (USA) in 1971 and has a degree in Electrical Engineering and Economics from Brown University and a Master's degree in Electrical Engineering and Computer Technology from the Massachusetts Institute of Technology. He joined INTRACOM in 1998. In January 2002, he joined the INTRACOM subsidiary CONKLIN CORPORATION in Atlanta, U.S. where he was appointed CEO in December 2002. In March 2004 A. Manos was appointed General Manager of the Corporate Marketing and International Operations Service Unit, and in January 2005, Executive Director of the Telecommunications Systems Division. In January 2006 he has been appointed CEO of INTRACOM TELECOM.

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, wireless 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 2,600 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, the largest consumer services company in Central and Eastern Europe. INTRACOM HOLDINGS Group (Greece) retains a 49% stake.