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INTRACOM TELECOM Signs New Project with Telekom Srbija

Athens - 8 December 2009 - INTRACOM TELECOM, a part of SITRONICS, today announced the signing of a € 3.5 million contract with Telekom Srbija, the incumbent telecommunication operator in Serbia, to supply Integrated Broadband Access equipment supporting high-speed ADSL2/2+.technology.

Within the framework of this agreement, INTRACOM TELECOM will supply the specific equipment to Telecom Srbija enabling them to support the deployment of broadband services such as Internet connectivity, Voice over IP telephony and IPTV, thus creating a portfolio lined-up of genuine triple-play advanced services. The project is expected to be completed in Q4 2009.

INTRACOM TELECOM has a long-standing experience in supplying ITSP with Broadband terminals of various types and functionalities. It is worth mentioning that INTRACOM TELECOMs equipment serves more than 20% of internet users in Greece.

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 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. For more information please visit: www.intracom-telecom.com

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