INTRAKAT SIGNED TWO NEW CONTRACTS WITH THE MUNICIPALITIES OF IOANNITA & PROSOTSANI

Peania, February 14, 2008 – Intrakat recently signed two new contracts, with the municipalities of Ioannita (in the Ioannina region) and Prosotsani (in the Drama region) for the construction of metropolitan optical fiber networks.

The budget of the contracts amounts to 2.23 mil euro (1.94 mil euro for the municipality of Ioannita and 0.29 mil euro for the municipality of Prosotsani), whereas the total length of the optical fiber networks to be constructed will be 28.30 km (24.90 km and 3.40 km respectively).

The contracts provide the supply, installation, commissioning and operational guarantee of the underground infrastructure, the active telecommunication equipment as well as wireless and access network infrastructure.

The construction of the networks is executed within the frame of the “Information Societys Operational Program” and constitutes a leverage for the development and improvement of quality of everyday life in the Greek region, especially in rural areas, with the provision of better and more efficient services in many aspects of public and private activities.

By undertaking these projects Intrakat realizes with consistency its strategic plan for further enhancement of its activity in the specialized sector of telecommunication infrastructures in which the company holds a solid position.

Regarding Intrakat
Intrakat was founded in 1987 and belongs to Intracom Holdings Group of companies. Since 1999, the company holds a 6th degree contractors license from the Register of Contractor Companies, and as of November 2001 the company listed on the Athens Stock Exchange. In 2005 Intrakat merged by absorption with Intramet (steel structure company). Intrakat has extensive experience and advanced know-how in the fields of constructions of technical projects, steel structure and telecommunication infrastructure projects. Over the past 20 years, the company implements public and private technical projects regarding: building works, infrastructure projects, advanced technology projects and telecommunications infrastructures, industrial and energy projects, E/M installations, steel structures, natural gas distribution projects and environment projects in Greece and abroad. Intrakat group employs 572 people.

Information concerning Press Releases
Ioanna Papavassiliou, Intrakat Communication Dept.
T: 210-6674346, E: ipapav@intracom.gr  , Web: www.intrakat.eu