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Tuesday,
7 June 2005
+++ International recognition of INTRACOM in the defense
communication systems area +++
INTRACOM develops and expands its international business
operations in the area of defense communications systems, in which the
company receives international recognition.
In specific, following the invitation by the Federal
Office of Defense Technology and Procurement of the Federal Republic of
Germany (Bundesamt fur Wehrtechnik und Beschaffung - BWB), INTRACOM participated
in the international Symposium and Exhibition "Land
Forces 2010 - Pragmatic Approach to Network Enabled Capabilities"
which took place in Germany in the middle of May and was hosted by the
German Army, BWB as well as the MILVA (Military Vectronics Association)
international association.
The Symposium presented technologies and solutions applied
in the Network Centric Warfare field, which constitutes a significant
core of Defense technology developments internationally. The Symposium
was attended by government officials, German Army officials and state
ministry delegations and industry members of countries comprising the
MILVA Association, namely, Great Britain, Belgium, France, Germany, Switzerland,
the U.S.A., Italy, Canada, South Africa, Netherlands, Sweden and the Czech
Republic.
INTRACOM was the only Hellenic company, among globally
significant participants, which was invited to participate in order to
exhibit the WISPR (Wideband Intercom & Secure
Packet Radio) intercommunication system as well as the capabilities of
the WISPR - WLAN (Wireless Local Area Network)
system. The system has been designed and developed entirely by INTRACOM
and a patent has been awarded by the Hellenic Industrial Property Organization,
while procedures for the attainment of an international patent are in
progress. WISPR system was also presented in the context of NATO military
exercise "Combined Endeavor 2005",
which took place in Germany in middle May, as well as in the Fort Monmouth
communication testing facilities of the United States Army. Consequently,
upon request of the aforementioned, the WISPR system will be evaluated
for use in United States Army vehicles. Furthermore, German BWB has conducted,
under its own initiative, an evaluation on WISPR performance, with excellent
results.
The International recognition of INTRACOM's capabilities
is further attested by the first WISPR export achievement.
Last month the system was selected as the communication platform of the
ARTHUR Weapon Locating System, procured by the Czech Republic Ministry
of Defense, thus launching the Company's export activity regarding intercommunication
platforms while crowning its efforts towards the development of new innovative
and technologically advanced products.
INTRACOM's Defense Sector Executive Director, Dr.
George Troullinos stated: "We are significantly active in
technologically advanced communication systems. The Hellenic Armed Forces
have already deployed the WISPR technology in land and naval communication
systems and prominent groups of companies abroad have expressed their
interest for the incorporation of the company’ s products in complex weapon
systems, which signifies very good prospects for further acceleration
of INTRACOM's exports and international presence".
About INTRACOM
Founded in 1977, listed on the Athens Stock Exchange since 1990 and included
in the FTSE/ASE-20 LargeCap index, INTRACOM is the largest multinational
Information & Communications Technology (ICT) solutions provider in
Greece. The company serves primarily the telecommunications, government,
defense, and banking & enterprise business fields. INTRACOM Group's
international activities, products and services reach the markets of 60
countries all over the world, focusing mainly on South-East Europe, while
present in the EU, the Middle East, North Africa and the USA. INTRACOM
has subsidiaries in 16 countries around the world. In 2004 the company
invested 7-5% of its revenues in R&D activities, while operating state-of-the-art
R & D labs allowing rapid prototype development and validation. 5,450-strong
INTRACOM Group reached €620.4 mil. in sales and €43.1 mil.
in profits before tax in 2004. International activities account for over
45% of the Group's annual turnover. In 2002, INTRACOM founded the Athens
Information Technology (AIT), a non-profit educational and research center
which cooperates with the internationally acclaimed Carnegie Mellon University
of USA. INTRACOM's vision is to participate as a key international player
in the modernization process of regional economies.
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