Re Contract

RNS Number:6356R
Tecteon PLC
04 November 2003



4th November 2003

TECTEON PLC

                                  Contract Win



Tecteon plc ("Tecteon"), the software developer for the voice quality and
telecommunications markets, announces that it has been awarded an initial
contract worth some US$ 40,000 for preliminary field testing of its echo
cancellation software by KT-NGN ("Korean Telecom Next Generation Networks").
Tecteon won this contract in a competitive tender involving other major echo
cancellation providers.



KT-NGN is a division of KT Corporation, formerly known as Korean Telecom. KT
Corporation ranks as the fourth largest company in South Korea by market
capitalisation. It accounts for more than 90% of the fixed-line market for local
calls and carries about half of all international calls. It also has around 50%
of the broadband market and nearly a third of the mobile market, via KTF, the
country's second largest mobile operator.



Masoud Alikhani, Chairman of Tecteon, commented: "Pending the outcome of the
initial testing, the scope of this deal could be considerable.  We will be
working very closely with KT-NGN to provide a bespoke solution for their
network, with a particular emphasis on VoIP(1), a market where the number of
subscribers is expected to grow more than sixfold between now and 2007(2)."





For further information please contact:



Masoud Alikhani, Chairman, Tecteon plc            Tel: [phone]

Michael Padley/Susan Scott, Bankside Consultants  Tel: [phone]



--------------------------


(1) Voice over IP, i.e. voice delivered using the Internet Protocol, involves
sending voice information in digital form in discrete packets rather than in the
traditional circuit-committed protocols of the public switched telephone
network. A major advantage of VoIP and Internet telephony is that it avoids the
tolls charged by ordinary telephone services.




(2) Source: Korea Information Strategy Development Institute (KISDI), April 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

CNTNKQKPFBDKPDK