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INTRACOM TELECOM Expands to Malaysia with Leading Mobile Operator Maxis

Athens - 23 December 2009 - INTRACOM TELECOM, a part of SITRONICS, announced a USD5 million contract with Maxis Berhad ("Maxis"), Malaysia’s largest mobile communications operator, for the supply of INTRACOM TELECOM’s point-to-multipoint (WiBAS) equipment.

INTRACOM TELECOM is supplying its next generation broadband wireless point-to-multipoint system WiBAS, enabling Maxis to effectively backhaul 2G/3G traffic and provide broadband wireless access services in the vicinity of Kuala Lumpur in Malaysia. The project is expected to be completed within Q1 2010.

Maxis has selected WiBAS in order to rapidly replace its existing point-to-point microwave infrastructure and immediately benefit from the technological and financial benefits of the solution. WiBAS is optimized for concurrently backhauling 2G and 3G traffic in urban environments while at the same time enabling mobile operators to realize significant CapEx and OpEx savings as compared to traditional solutions. The savings are achieved through the most efficient utilization of the point-to-multipoint network architecture combined with the highest capacity available in the market today, while fully preserving Quality of Service for voice and broadband mobile applications.

Maxis’ installation of WiBAS is part of its current extensive investment in new sites, network and tools modernization and transmission upgrades, as it prepares for future growth in advanced data services. As the company expands coverage and introduces new value-added services and products, it will continue to form strategic partnerships which deliver leading non-voice solutions, and which enrich customer experience across the entire spectrum of integrated communications. The company recently listed on Bursa Malaysia in the largest telecommunications IPO in the Asia-Pacific since year 2000. Its innovative track record and multiple awards testify to its strong position while moving forward with providing long-term shareholder value.

INTRACOM TELECOM has been innovating in the wireless access and transmission field for over 15 years, having successfully developed and deployed point-to-point and point-to-multipoint systems with numerous operators in Europe, Middle East, America, Asia and CIS. The company has strategically focused and is investing heavily on the continuous evolution of its wireless product lines. In the growing shift to broadband, IP-based converged networks, INTRACOM TELECOM is incorporating the latest standards and state-of-the-art technologies in order to deliver cost-effective wireless solutions that address the new requirements of its customers.

About Maxis Berhad

Maxis Berhad with its consolidated subsidiaries (together, ‘Maxis’) is the leading mobile communications service provider in Malaysia with over 11.7 million mobile subscribers as of 30 September 2009. Since the establishment of its parent company, Maxis Communications Berhad, in 1995, Maxis’ Malaysian business has been providing a full suite of communication services on multiple platforms to satisfy the needs of individual consumers, small and medium enterprises, and large corporations in Malaysia.

Maxis has pioneered and led the Malaysian market in providing innovative mobile products and services. It was the first to launch 3G services, Maxis3G, in July 2005, and in September 2006 became among the world’s first to use HSDPA, a high-speed upgrade of the 3G network, to provide wireless broadband services. It was also the first telecommunication service provider to bring the BlackBerry(TM) and Apple iPhone(TM) smart phones to Malaysia. The company in April 2009 unveiled the first commercial near field communication service in Malaysia, which enables customers to use their phones for wave and pay transactions.

Maxis’ growth and strong track record of enabling innovation, excellent customer experience and value to stakeholders have won the company numerous awards over the years which include Asian Mobile Operator of the Year by the Asian Mobile News Award in 2008 and Mobile Data Service Provider of the Year (Malaysia) by Frost & Sullivan in 2009.

Maxis’ vision is to bring advanced communications services to enrich its customers’ lives and businesses, in a manner that is simple and personalised, by efficiently and creatively harnessing leading edge technology, and delivering a brand of service experience that is reliable and enchanting. For more information please visit: www.maxis.com.my

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.

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