PRESS CONTACT

Sven H. Danielsen

Utel Systems

Tel: +47 3288 3545

sven.danielsen@utelsystems.com

Utel Systems engage in a Billing Verification contract

Drammen (Norway), August 21^th, 2002: Utel Systems has started a project focusing on billing verification together with one of the major network operators in Scandinavia. The project will be looking at the technical sides of the operator's billing system. The purpose is to identify leakage and errors that leads to incorrect and lost billing for the operator.

More information will be presented shortly.

About Utel Systems

Utel Systems was founded in September 1998. The technology and products have been developed for a period of 10 years within Telenor, the major Norwegian telecommunication carrier. The company is focusing on providing their customers with a combination of telecom know-how, price efficient products and systems, on-site training/assistance and fast access to expert support. The products and services are therefore all built on a solid platform of signalling know-how. This platform is continuously strengthened through tight hands on interrelations with the largest customers.

Defining the Nordic countries to be the home market, Utel Systems address the global market of telecommunication carriers, service providers and equipment manufacturers. International sales is however currently focused on Europe, USA, Asia and Australia through an increasing network of dedicated, local partners/distributors.

For more information, please visit the corporate web-site at: www.utelsystems.com.

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