The financial results are grossly exceeding the prognoses of ComArch Board of Directors and make the ambitious ComArch revenue and profits growth plan for the whole 2004 realistic and feasible. The results go in line with ComArch growing sales on the global telecommunications markets. In the first quarter 2004 ComArch have been selected by the leading telecommunications carriers in France, Finland, Montenegro, Iran and Lithuania to provide the components of ComArch TYTAN Billing and Customer Care Platform and ComArch InsightNet Network Management Platform. The value of the contracts amounts to over 6,5 mln USD. ComArch new clients include both fixed line and mobile telecommunications carriers as well as ISP's operators. Next contracts are currently being negotiated.

Polish companies belonging to ComArch Group also boost their financial results among them ComArch-CDN providing Enterprise Resource Planning software to the enterprise sector and internet portal Interia.pl that specializes in communication and information services and provides services for the internet societies. Interia is planning the launch of new generation broadband services in the near future.

„We consider the financial results as very good. They are resulting from the proper way of building our company’s development strategy as well as from taking the opportunities that arise before ComArch. A consistent work on the quality of our technology and the employment of the best of breed specialists enables us to position our company as the reliable provider of IT systems on the international markets.” - says Paweі Przewiкџlikowski, ComArch Vice President.

ComArch is an international software house that develops customized telecommunication solutions for wireless, wireline, and Internet businesses in the area of Business Support Systems and Operations Support Systems. The company’s flagship products include ComArch TYTAN for billing and fulfillment management and ComArch InsightNet for network and service management that prepare communication providers for next generation services and help them optimize returns on their investments. Since its inception ten years ago, ComArch as a knowledge–oriented company has blossomed into a multinational network of offices employing over 1000 highly experienced IT specialist in the States, Middle East and Europe. ComArch is an award winning company recognized Technology Pioneer by the Davos Economic Forum – an organization that contributes to the improvement of global social and economic conditions. ComArch’s clients include many prominent players of global telecommunications business including Nokia Networks, eTel, Crowley Wireless, Polish Telecom, Era GSM, Centertel, Terra Telecommunications, Dubai Internet City, Lucent Technologies, Siemens Business Services, Kertel, Netia, O2 Germany, The State of Washington and many others. The company is quoted on the Warsaw Stock Exchange.

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