Athens, April 6 2005 - INTRACOM signed a new contract, worth 2.3 M USD, with the Ministry of Finance of Albania for the supply, parameterisation, implementation, commissioning and rollout of a Treasury system. Intracom was awarded the project following an international open tender.

The aim of the project, which the contractor Intracom will implement in cooperation with Oracle, is the development of a Treasury system that will critically contribute to the modernization of the Albanian Ministry of Finance infrastructure.

In particular, the contract provides for: supply of Treasury application software meeting the Ministry requirements, confirmation/specification of user requirements for the Treasury system, parameterisation of the application software to match the detailed user requirements implementation of the full system at Ministry head office and of appropriate subsets at Treasury district offices throughout Albania, assistance to the Ministry of Finance in developing operating procedures for the system & implementation of a workflow management capability, user training, development and provision of comprehensive operating documentation, and technical support of the system.

In undertaking this project, Intracom once more confirms its position as a key player in the provision of e-government solutions in the wider region.