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Tuesday, 4 November 2008


+++ Intracom IT Services Denmark acquired the c ompliance solutions business unit of WM-data Denmark A/S +++

Under this deal Intracom IT Services has acquired the rights to the internationally acclaimed ESKORT Compliance and Enforcement Solution

Intracom IT Services, the leading provider of IT services in Greece, has announced the completion of the acquisition of the c ompliance solutions business unit of WM-data Denmark A/S from its Danish subsidiary, Intracom IT Services Denmark A/S, for the amount of € 4.5 million. Under this deal Intracom IT Services has acquired the rights to the internationally acclaimed ESKORT Compliance and Enforcement Solution.

Mr. Nikolaos Labroukos, Deputy CEO of Intracom IT Services, stated : "Intracom IT Services Group executing its strategic planning for the enrichment of its portfolio of products and services and its expansion in the international market, has acquired the c ompliance solutions business unit of WM-data Denmark A/S. The ESKORT product completes the range of the services and products we offer, providing at the same time the means of access to Ministries of Finance internationally".

The ESKORT Compliance and Enforcement Solution is an integrated suite of systems providing support for all the main compliance processes within a taxation or customs authority. The product has been developed and enhanced in close collaboration with a number of revenue authorities throughout the world and is recognised as the leading, if not only, compliance and enforcement solution internationally, serving the needs of over 30 customers, in more than 20 countries (Argentina, Cyprus, Denmark, Finland, Greece, Hungary, Iceland, Ireland, Luxemburg, Malaysia, Moldova, Norway, Poland, Sweden, Kazakhstan, Latvia, Lithuania, Malta, Philippines, South Africa, the UK, the USA and Vietnam).

About Intracom IT Services
Intracom IT Services, a subsidiary of Intracom Holdings, is a leading IT services provider in Southeast Europe and the Middle East. The company specializes in systems integration, software development and provision of outsourcing and support services for the public administration, banking and financial institutions, and other large enterprises. More than 500 international organizations and companies in 56 countries have chosen Intracom IT Services for its advanced solutions and professional services. The company has been dynamically developing subsidiaries in Greece and abroad. Its largest subsidiary, INTRASOFT International is one of the most important IT services providers to the broader European public sector and to the European Union institutions. As a Group, Intracom IT Services has 1,600 employees. Since 2000 IDC has consistently ranked Intracom as the leading IT services provider in the Greek market.

For more information please visit:www.intracom-it.com.