MetraTech and INTRACOM in strategic partnership to deliver solutions; first implementation in EMEA announced

London, UK, November 30 2005 - MetraTech Corp., the leading provider of Web Services-based billing, customer self-care and partner management, and INTRACOM, the Greek multinational information and communication technology integrated services provider have announced a strategic partnership.

Under its terms, INTRACOM will distribute MetraTech products and support MetraTech with consulting and systems integration services. As a result MetraNet, which empowers users to invent new business models and increase the effectiveness of collaboration between IT, business groups, and subscribers will see both companies joining forces to deliver solutions with maximum support for customer demands and business processes.

An immediate outcome of the newly announced partnership is a new, highly innovative customer engagement in the Middle East. The project in question will result in the deployment of a comprehensive MetraNet solution to enable customer care, rating, billing and partner settlement for "Triple Play" ; digital TV, voice, and data services delivered over an IP network backbone. More details and complete terms of this customer win and engagement will be announced at a later date.

"One of MetraTech's key aims is to broaden our reach through partners with expertise in systems integration across the telecommunications and enterprise markets. Intracom has an unrivaled reputation for design integrity and business solution development in both areas" said Vladimir Mitrasinovic, VP of Global Sales and Business Development, MetraTech.

"As the deployment in the Middle East proves," Mitrasinovic continued, "demand for an innovative approach to complex billing challenges is growing and MetraNet, combined with INTRACOM's established delivery methodology, means an immediate, clear and competitive benefit as demanded by today's buyers."

"In modern markets, real innovation is a pre-requisite for service providers who want to compete effectively. Our customers have to differentiate themselves from their competitors; moreover, time is critical so they have to act quickly," added Alex Manos, Executive Director, Telecommunications Systems, INTRACOM.

Manos concluded, "MetraNet's Web Services based approach allows for the rapid deployment of new services dependant on customer care and billing solutions in a way that improves both quality and reliability. We are confident that by partnering with MetraTech, we can effectively meet the needs of a demanding and complex market."

About INTRACOM
INTRACOM was founded in 1977, listed on the Athens Stock Exchange since 1990 and included in the FTSE/ASE-20 LargeCap index. INTRACOM Group has 5.450 employees and offers its products and services in 60 countries all over the world, focusing on European Union, N. Africa, M. East and the USA. INTRACOM, besides Greece, operates subsidiaries in 16 countries. For more information, please visit www.intracom.com.

Information for news editors Fore more information, please contact INTRACOM Press Office: Vivian Tsamadou, Media Relations and Public Affairs Manager, tel. +30-210-667-7121, e-mail: vtsa@intracom.gr

About MetraTech
MetraTech Corp. provides the leading Web Services-based solution for billing, customer self-care, and partner management. MetraNet, MetraTech's modular flagship platform, empowers customers to invent new business models and enhance collaboration between IT, business groups and subscribers. MetraTech offers a variety of delivery options ranging from licensing to outsourcing. Based in Boston, MA, MetraTech has offices in San Francisco, New Delhi and London. MetraTech is a venture-backed, privately held company whose investors include Accel Partners, Vesbridge Partners (formerly St. Paul Venture Capital), Meritech Capital, Bessemer Venture Partners and Lucent Venture Partners. For more information, please visit www.metratech.com.

MetraTech is a registered trademark, and the MetraTech logo is a trademark of MetraTech Corp. All rights reserved. All company, brand, product, and service names are trademarks or registered trademarks of their respective holders.

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