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Intracom Telecom Announcement

Athens, Greece - 06 July 2012 - As per the official Intracom Telecom press release of 2008, Intracom Telecom in cooperation with SELEX Elsag were awarded by the Syrian Wireless Organization (SWO) the implementation of a TETRA network. The system was supplied in full respect of relevant export regulations.

The ÔETRA system has been supplied to support exclusively civil telecommunication services. Intracom Telecom is not involved in the operation of the system and therefore any other potential utilization of the network is completely out of the control of Intracom Telecom.

The company has suspended all relevant works due to the situation in Syria.

About INTRACOM TELECOM

Intracom Telecom is a global telecommunication systems vendor operating for 35 years in the market. The company innovates in the wireless access and transmission field, offers a competitive telco software solutions portfolio and combines its offerings with a complete range of professional services. Intracom Telecom has over 2,000 employees in 16 countries and invests significantly in developing cutting-edge products and solutions while exploiting its advanced in-house R&D center. Over 100 customers in more than 50 countries choose Intracom Telecom for its state-of-the-art offerings. The company's clientele consists of fixed & mobile telecom operators, public authorities and large enterprises. Intracom Telecom's major shareholders are Intracom Holdings and Sitronics.

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