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INTRAROM Signs a €11.8 Million Contract with the Romanian Ministry of Administration & Internal Affairs

Athens - 10 November 2009 - INTRACOM TELECOM, a part of SITRONICS, through its subsidiary INTRAROM, has signed an 11.8 million euro contract (including VAT) with the Romanian Ministry of Administration and Internal Affairs for the provision of an IT system for Schengen INformation System II (SINS), a secure governmental system used by several European countries.

Within the framework of this agreement, INTRAROM will provide an integrated system which will maintain and distribute information for border control, national security and law enforcement both on national and EU levels. Implementation of this system is a prerequisite for Romania in joining Shenghen space.

The company will deliver a fully functional system that includes all the hardware and software components. Documentation and training, installation, configuration, set-up procedures, as well as any product which has resulted from SINS development and implementation are also included in this agreement. The project will be completed within 10 months.

INTRAROM was awarded this contract after winning the relevant open public tender organized by the Ministry of Administration and Internal Affairs financed by the EU within the program Schengen Facility/ RO-FSCH.

About INTRAROM

INTRAROM is the subsidiary of INTRACOM TELECOM Group of Companies, the leading regional developer and manufacturer of telecommunication systems and supplier of integrated solutions and professional services. With a total investment of over Euro 40 million in infrastructure and personnel training, the company grew and today has over 600 employees holding the most complex facilities for the production of electronic and telecom equipment in Romania. Sustained by a solid infrastructure, the Company's experience record includes prestigious references for the following lines of business: Telecom Equipment Manufacturing, ICT System Integration, Telecom Infrastructure Deployments.

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 2,500 employees, operates subsidiaries in 16 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.

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