Press-Release on results of 2006

Installation of convergent billing PETER-SERVICE BISrt for OJSC «MegaFon» has become the outstanding achievement of the company in the past year. The capacity of subscribers base supported by this solution is over 25 million that is a record for the system of this type. Above that PETER-SERVICE BISrt combines the strongest sides supporting both contract and prepaid subscribers.

Peter-Service launched into the commercial operation two new solutions expanding product range in 2006: subscriber base management system PETER-SERVICE SBMS and HAS equipment control system PETER-SERVICE HEX. Past year also became very successful for the company in respect of financial indicators: the income from own services and licenses sales exceeded 2.5 billion roubles.

Extending the network of its regional branches, in March 2006 Peter-Service opened office in Ekaterinburg, where the specialists have performed few successful projects, including the installation of interconnect system PETER-SERVICE ITC to the major interregional operator OJSC "Uralsvyazinform" during less then nine month’. In 2007 the company plans to open the first foreign office in Europe.

«Our exposure to the foreign markets is the aim that stockholders are setting for us, – says Alexander Garmashov, Managing Director of Peter-Service, – We grow dynamically, and the company has relevant product range and possesses the sufficient productive potential. In 2007, the year of our 15th anniversary, we’d like to apply experience we have to taking a new challenge in evolution of the company».