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Colt awards contract to telentSupport of telecommunications & IT infrastructure in GermanyLondon - 21 August 2007 - telent plc (LSE:TLNT), a leading provider of technology services, today announced that COLT has awarded it a multi-million three-year contract to support COLT's customers' telecommunications and IT infrastructure in Germany. This latest contract follows a similar agreement signed in May 2007 with COLT for the UK, and which has seen telent engineers work successfully alongside COLT engineers since June. The new contract with COLT, a leading European provider of business communications, will take effect as of 1 October 2007. Mirroring the existing UK contract, telent GmbH will employ engineers from COLT alongside its own field engineers in Germany. The combined workforce will plan, install, support and maintain customer communications systems in the country across a multitude of networking platforms including IP, Ethernet and SDH. In particular, telent will play a key role in handling calls and dispatching engineers to any network fault, anywhere in Germany. telent will enable COLT to provide enhanced speed of installation to its customers in Germany, as well as the application of industry best practice and improved out-of-hours service delivery. "We have a well-earned reputation for providing our customers with secure and reliable data, voice and managed services, and we needed a service provider who could maintain our very high quality standards. With telent we have found a partner where service excellence is everything," commented Richard Oosterom, managing director of COLT in Germany. "Based on our experience with telent in the UK, we believe that together we will be able to provide the highest levels of service to our customers, whilst meeting our own operational targets in the German market." Mark Plato, telent's CEO, said: "We're delighted that COLT has confirmed its confidence in telent, following the contract we signed earlier this year in the UK. This new award will not only strengthen telent's reputation as an expert in providing critical telecommunications support from the initial planning stages through to maintenance, it will open up strategic opportunities for the future growth of our German business. We look forward to working closely with COLT in Germany, and I have no doubt that our positive experience to date in the UK will be mirrored here." About telent plc:
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About COLT COLT Telecom Group S.A. is listed on the London Stock Exchange (COLT). Information about COLT and its services can be found at www.colt.net Copyright (c) 2007 telent plc. All rights reserved. All brands or product names are trademarks of their respective holders. It is possible that this announcement could or may contain forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements often use words such as anticipate, target, expect, estimate, intend, plan, goal, believe, will, may, should, would, could or other words of similar meaning. Undue reliance should not be placed on any such statements because, by their very nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause actual results, and telent's plans and objectives, to differ materially from those expressed or implied in the forward-looking statements. There are several factors which could cause actual results to differ materially from those expressed or implied in forward looking statements. Among the factors that could cause actual results to differ materially from those described in the forward-looking statements are delays in obtaining, or adverse conditions contained in regulatory approvals, competition and industry restructuring, changes in economic conditions, currency fluctuations, changes in interest and tax rates, changes in energy market prices, changes in laws, regulations or regulatory policies, developments in legal or public policy doctrines, technological developments, the failure to retain key management, or the key timing and success of future acquisition opportunities. telent undertakes no obligation to revise or update any forward looking statement contained within this announcement, regardless of whether those statements are affected as a result of new information, future events or otherwise, save as required by law and regulations.
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