Luxembourg, April 16, 2015 - INTRASOFT International signed a 2.987 million EUR contract for the implementation of the ASEAN Customs Transit System (ACTS) for the Association of Southeast Asian Nations (ASEAN), including Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.

This latest project highlights INTRASOFT International's leading position as a worldwide expert and a market leader in the design, integration, deployment and operational management of Customs IT Systems and consultation services around the world. The company offerings cover a wide spectrum of Customs requirements, including the provision of technical expertise and automation of Customs processes to reflect National and Regional needs taking into account International standards.

ACTS is a Customs management system designed to facilitate the movement of goods being transported by road throughout ASEAN Member States (AMS). INTRASOFT International will design and develop the software applications and the communication systems required to manage and monitor the movement of goods from the Customs Office of Departure to the Customs Office of Destination in the Member States. This will be tested during a pilot operation linking Thailand, Malaysia and Singapore over the major North-South corridor of ASEAN.

The ACTS system will be owned and operated by the AMS Customs Administrations. Each Administration will have an individual ACTS application installed at the national level which will be connected through the ASEAN Closed Secure Network (ACSN) with the other Member States.

The ASEAN Customs Transit System will simplify and harmonize transport, trade and customs regulations and requirements for the purpose of facilitation of goods in transit. It will also establish the basis for a complete, efficient, integrated and harmonized transit transport system in ASEAN.

Mr. Alexandros Manos, CEO of INTRASOFT International commented: “We are very proud of this new international success, a strong indicator of the company's world-wide reputation of a trustful IT partner. INTRASOFT International has the ability as well the capacity to deliver regional multi-national integration projects of high complexity and importance. With a long list of project references in Customs Administrations in more than 25 countries globally, this latest project is -once again- a clear proof of the leading position INTRASOFT International holds in the design, deployment and operational management of Customs-centric IT systems.”

 ###

 About the Association of Southeast Asian Nations (ASEAN):

ASEAN was established on August 8, 1967 in Bangkok, Thailand, with the signing of the ASEAN Declaration (Bangkok Declaration) by the Founding Fathers of ASEAN, namely Indonesia, Malaysia, Philippines, Singapore and Thailand. ASEAN today encompasses 10 Southeast Asian countries: Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar (Burma), Philippines, Singapore, Thailand, and Vietnam. http://www.asean.org/

About the Delegation of the European Union to the ASEAN:

The project contracts will be centrally managed by the European Commission through its Delegation to ASEAN on behalf of and for the account of the Association of South East Asian Nations (ASEAN). ASEAN as a whole represents the EU's 3rd largest trading partner outside Europe (after the US and China) with more than €235 billion of trade in goods and services in 2012. The EU is ASEAN 3rd largest trading partner after China and Japan, accounting for around 13% of ASEAN trade. The EU is by far the largest investor in ASEAN countries. EU companies have invested an average €13.6 billion annually in the region (2005-2012).

http://ec.europa.eu/trade/policy/countries-and-regions/regions/asean/

About INTRASOFT International

INTRASOFT International is a leading European IT Solutions and Services Group with strong international presence, offering innovative and added-value solutions of the highest quality to a wide range of international and national public and private organisations. The company employs more than 1,600 highly-skilled professionals, representing over 20 different nationalities and mastering more than 18 languages. With headquarters in Luxembourg, INTRASOFT International operates through its operational branches, subsidiaries and offices in 18 countries: Belgium, Bulgaria, Denmark, Cyprus, Greece, Iraq, Jordan, Moldova, Morocco, Romania, Palestine, Philippines, Saudi Arabia, UK, UAE, USA and Yemen. More than 500 organizations in over 70 countries worldwide (Institutions and Agencies of the European Union, National Government Organizations, Public Agencies, Financial Institutions, Telecommunication Organizations, and Private Enterprises) have chosen the company's services and solutions to fulfil their business needs. INTRASOFT International is a subsidiary of the ASE-listed INTRACOM Holdings, one of the largest multinational technology groups in SE Europe, with more than 35 years of experience. www.intrasoft-intl.com

 About INTRASOFT International – CUSTOMS

INTRASOFT International has implemented a total of approximately 44 contracts in more than 25 countries. The most important of these deployments took place in the following countries / agencies: European Commission, Association of Southeast Asian Nations (ASEAN), Belgium, Bulgaria, Croatia, Cyprus, Denmark, Greece, Hungary, Ireland, Latvia, Lithuania, Luxembourg, Malta, Moldova, Netherlands, Norway, Romania, Serbia, Slovenia, Sweden, Switzerland, Tajikistan, Turkey, United Kingdom. http://www.intrasoft-intl.com/e-customs/our-references

Information for Press only

Kalliopi CHIOTI, Communications & Corporate Social Responsibility Manager, INTRASOFT International

Tel. +30 210 667 4435 & +30 6951 008800 (Greece) & +352 44 10 12 2178 (Luxembourg)

E-mail: Kalliopi.Chioti@intrasoft-intl.com