2008

INTRAKAT, A PIONEER IN THE CONSTRUCTION OF METROPOLITAN OPTICAL FIBRE NETWORKS

INTRAKAT, A PIONEER IN THE CONSTRUCTION OF METROPOLITAN OPTICAL FIBRE NETWORKS, UNDERTAKES THREE NEW PROJECTS FOR THE MUNICIPALITIES OF VOLOS, LEIVADIA & ARGOS, AMOUNTING TO 2.40 MIL EURO

Peania, January 23, 2008 – Intrakat signed three new contracts for the construction of Metropolitan Optical Fibre networks with the municipalities of Volos, Leivadia and Argos of a total estimated value of 2.40 million (1.33 mil. 0.57 mil. and 0.49 mil. respectively).

The contracts include the supply, installation and safeguard of the proper operation of the subterranean optical fibre networks infrastructure, of the infrastructure of the active telecommunications equipment and its connectivity to the network, as well as of the wireless and access network infrastructure. The total length of the metropolitan optical fibre networks measures to approximately 32.53 km (19.00 km for the municipality of Volos, 6.28 km for the municipality of Leivadia and 7.25 km for the municipality of Argos). The works are expected to be completed by the end of 2008.

Intrakat currently constructs a significant optical fibre network for various municipalities and private organizations, being a pioneer in the broadband infrastructure development field. The above projects are executed in the framework of the Information Societys Operational Program. The main objective of the program is the improvement of the citizens quality of life, in the Greek national region, by implementing integrated information and communication systems in key public sectors such as public administration, health, transportation and environment. In addition the specific technology project is expected to enhance local socioeconomic life by increasing productivity and employment offer.

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.
Tel. +30 210-6674346, E-mail : ipapav@intracom.gr  , Website: www.intrakat.eu