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INTRACOM TELECOM receives 2006 Product of The Year Award in the U.S.A
fs|cdn™ Honored for Outstanding Innovation

Athens, Greece July 16 - INTRACOM TELECOM, a part of SITRONICS Telecommunication Solutions business division, announced today that Technology Marketing Corporation's (TMC) Communications Solutions has named fs|cdn™ as a recipient of a 2006 Product of the Year Award.

The Full Service Content Distribution Network - fs|cdn™ - solution includes all elements required for the reception, protection, distribution and consumption of digital content. The platform's rich management tools and interfaces, along with the customization capabilities that an operator or service provider may require, are the key points which elevate fs|cdn™ to the leading position in its category.

Mr. A. Manos, Managing Director of INTRACOM TELECOM, said: "It is a great honour for us to receive this award, which at the same time illustrates our strong presence in the competitive U.S market. INTRACOM TELECOM's fs|cdn™ solution, which enables Telecom Operators to offer Triple-Play services and enhance their profitability, allows us to penetrate new markets, fulfilling our vision to become one of the leading developers and suppliers in the field of bundled Multi-Play services".

"INTRACOM TELECOM & its US-based subsidiary Conklin-INTRACOM, have been recognized with a 2006 Product of the Year Award for their excellence in technological advancement and application refinement," said Rich Tehrani, TMC President and Group Editor-in-Chief of Communications Solutions. "INTRACOM TELECOM & Conklin-INTRACOM have proven they are committed to quality and excellence in solutions that benefit the customer experience as well as ROI for the companies that use them. I am pleased to honour their hard work and accomplishments and look forward to more innovative solutions from them in the future".

The seventh annual Communications Solutions Product of the Year Award recognizes the vision, leadership and attention to detail that are the hallmarks of the prestigious award. The most innovative products and services brought to market in 2006 have been selected as recipients of this year's Communications Solutions Product of the Year Award for their groundbreaking achievement.

The 2006 Product of the Year Award winners can be found on the Communications Solutions Web site.

About Technology Marketing Corporation

Technology Marketing Corporation (TMC) publishes four print publications: Customer Inter@ction Solutions, INTERNET TELEPHONY Magazine, IMS Magazine and Unified Communications (launching summer 2007). TMCnet, TMC's Web site, is the leading source of news and articles for the communications and technology industries. Ranked in the top sites of the world by alexa.com*, TMCnet serves nearly two million unique visitors each month, according to WebTrends. TMC is also the first publisher to test new products in its own on-site laboratories, TMC Labs. In addition, TMC produces INTERNET TELEPHONY Conference & EXPO, Communications Developer Conference, IMS Expo and Call Center 2.0 Conference. TMCnet.com publishes more than 15 topical online newsletters. (*alexa.com is an amazon.com company that ranks Web sites by their traffic levels. Neither alexa.com nor amazon.com is affiliated with TMCnet.)

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