For the second consecutive year INTRACOM, the largest Greek multinational ICT company, is included among the 300 largest European companies investing highly in R&D (regardless of business sector), according to the recent report Industrial R&D Investment Scoreboard 2005 issued by the European Commission. INTRACOM has achieved the same distinction last year (Industrial R&D Investment Scoreboard 2004).

The European Commission report includes data for 1,400 companies (700 based in Europe and 700 overseas) that invest a total of 315M in R&D, i.e. more than 50% of private investments in research world wide.

The yearly report of the European Commission Industrial R&D Investment Scoreboard is part of the Commission's broader activities aiming to monitor industrial investments in R&D. The report is implemented within the framework of the EU Investment Action Plan on this field. The objective of the report is to promote both the importance of R&D investments for the future, and the necessity of keeping track of the relevant figures.

This important international distinction comes as a result of INTRACOM's strategic priority to invest in R&D as a cornerstone of the company's development strategy. In fact, INTRACOM annually invests as much as 5-7% of its total revenue in R&D activities. Over the last 5 years, INTRACOM has participated in more that 80 international research programmes (often as a lead partner). INTRACOM operates sophisticated R&D labs within its facilities for the fast development of high quality systems. Moreover, INTRACOM has registered a significant number of international patents. INTRACOM collaborates and maintains strategic partnerships with world leaders in order to jointly conduct research and develop new products and services.

About INTRACOM
INTRACOM was founded in 1977, listed on the Athens Stock Exchange since 1990 and included in the FTSE/ASE-20 LargeCap index. INTRACOM Group has 5.450 employees and offers its products and services in 60 countries all over the world, focusing on European Union, N. Africa, M. East and the USA. INTRACOM, besides Greece, operates subsidiaries in 16 countries. For more information, please visit: www.intracom.com.

Information for news editors
Fore more information, please contact Intracom Press Office: Vivian Tsamadou,
Media Relations & Public Affairs Manager,
tel. +30-210-667-7121,
e-mail: vtsa@intracom.gr