Integration of T-Systems subsidiaries completed

Budapest, January 24, 2008

T-Systems announced on January 22 the creation of two infocommunication market leader companies, KFKI System Integration Co. Ltd. and IQSYS IT and Consulting Co. Ltd. from six of its former subsidiaries. With the integration of the predecessor companies the convergent IT and telecommunications technologies will be accessible from two strengthened knowledge bases with separated activities.

The purpose of integration is to leverage synergies inherent in telecommunications and IT, improve the efficiency and increase the market share of companies with the same profile. The success-oriented approach of the KFKI Group’s management is the guarantee that the new companies will preserve the market leader role. KFKI and IQSYS will continue to preserve their independent system integration role, with application of the parent company’s processes. By drawing on the subsidiaries’ competences T-Systems will in a unique way offer one-stop ICT solutions to both large companies and SMEs - said Magyar Telekom-T-Systems Chief Operating Officer István Papp.

The former companies BCN System House Ltd., ICON Computing Services Co. Ltd. and KFKI-LNX Co. Ltd. were merged under the name KFKI System Integration Co. Ltd., its activities will include all services provided by its predecessor companies, the full scope of IT infrastructure related consulting, design, implementation and operation services. The company, as the IT infrastructure market leader, will continue to focus on a customer-oriented approach and provision of tailor-made integrated solutions with 580 experienced professionals.

KFKI System Integration Co. Ltd.’s customers will be primarily large and medium-sized companies and state administration organizations, and it will also lay great emphasis on satisfying the needs of SMEs, relying on its stable financial background and experience and T-Systems’ competences. The company will not focus only on customers based in Budapest, but ensure nationwide coverage with its regional branches.

“We will build our development on our network and system integration competences. Our objective is to strengthen our market leader position through cooperation with our parent company. We will be continuously looking for technologies, services and vertical solutions with which our customers can improve their competitive edge” – KFKI System Integration Co. Ltd.’s Executive Director Péter Kászonyi emphasized.

IQSYS IT and Consulting Co. Ltd. that was established as the successor of Integris, IQSYS and T-Systems Hungary (TSH) will offer the widest range of products, technologies and services on the Hungarian IT market in the field of application development and system integration. IQSYS will provide the full scope of services ranging from elaboration of solutions improving the competitiveness of its customers through business strategy and functional consulting and design and implementation of supporting IT systems to operation of the same.

“The renewed IQSYS will continue the operation of its predecessors based on commitment to quality, customer-orientation and continuous innovation. The company will cooperate with the other divisions of Magyar Telekom T-Systems using their skills, products and services for the provision of new solutions and services through leveraging synergies between IT and telecommunications” – said IQSYS IT and Consulting Co. Ltd.’s Executive Director Mátyás Horvai.

The company’s customers will be primarily Hungarian large companies and institutions, while its portfolio will include also solutions and services elaborated for SMEs and municipalities. The customer base of almost 400 enterprises will be served by more than 300 well trained experienced professionals.