INTRACOM S.A. HOLDINGS

A Euro 50M framework contract was awarded by the EU Informatics Directorate to a consortium with INTRASOFT International, a member of INTRACOM Group

ESP-DIMA, one of the primary IT projects of the European Union, budgeted at 50 million Euro, was awarded, following an international tender, to a consortium of INTRASOFT International (member of INTRACOM Group of Companies), Trasys, Sword and TXT.

This constitutes another INTRASOFT International great achievement within the highly competitive European Union market, confirming the leading role the company plays in the area of IT services provision, in which the company has been lately presenting significant achievements.

ESP-DIMA represents services to be offered by the Informatics Directorate of EU (the central IT department of the European Commission) to the entirety of the Commission's Directorates General (DGs) and Departments. The project, which involves provision of software development and IT systems maintenance services, started in December 2004 with an initial duration of 2 years and an extension possibility for one more year. The current estimates for ESP-DIMA indicate resource requirements of 50,000 mandays per year.

INTRACOM Group Managing Director, Mr. George Deligiannis, commented: "We take pride in our Group's ongoing achievements in a tough and demanding market as the one of the European Union, where we are facing keen competition from multinational IT giants. These achievements confirm the Group's strategic choice to compete abroad in the international markets, claiming a leading role in the area of integrated solutions and services provision."

INTRASOFT International has been established as one of the primary IT services providers to European Union bodies, agencies and authorities. The company's scientific personnel features high level of expertise and the ability of managing, implementing and delivering complex and large-scale IT infrastructure projects. Ii is because of those successful activities that the company has been recognised and earned the trust of EU International Public Organizations. INTRASOFT International's customer list includes almost the entirety of EU Bodies, such as the European Central Bank, the European Parliament, the European Investment Bank, the European Audit Council, the European Court of Justice, the European Financial and Social Commission as well as the majority of the European Commission's General Directorates (DGs).