Singapore - CONSISTEL Pte Ltd, (“CONSISTEL”) a Singapore registered company, successfully signed a Sale & Purchase Agreement on 12 September 2002 for the purchase of Marconi’s shareholdings in Metapath Software International (Singapore) Pte Ltd, Metapath Software International (Malaysia) Sdn Bhd, Metapath Software International Philippines Inc. and Metapath Software International (Thailand) Ltd.

Through the efforts of the dedicated and energetic employees in the above mentioned entities, CONSISTEL will now continue to render to its customers unrivalled expertise and commitment to quality.

“This buy out would enhance our ability to win contracts in the wireless industry. We are a re-born & rejuvenated company that will be totally focused on delivering value-added turnkey wireless solutions not only to existing wireless customers but also to customers in the quickly emerging mobile data industry. We seek to be the best of breed wireless solutions provider in voice & data domains as we leverage on our human capital and embrace technological innovations to offer our customer unprecedented choice and value,” said Mr. Masoud Bassiri, CONSISTEL’s Chief Executive Officer.

CONSISTEL is a leading edge “Best of Breed” wireless solution provider that helps operators harness the latest wireless telecommunications industry standards such as 3G/UMTS, GPRS, new broadband/LMDS wireless technology, etc. Being a fully independent company, CONSISTEL is able to provide solutions which are vendor- independent and which bring together various leading-edge wireless telecommunications technologies, thus making its clients’ wireless telecommunications business truly best of breed.

Masoud added, “With our extensive experience in delivering turnkey wireless network solutions together with our value-added end-to-end services, our customers continue to turn to us as their technology partner of choice when it comes to delivering and managing their wireless telecommunications network rollouts.”


About CONSISTEL

CONSISTEL is the leading independent specialist provider of network solutions for the wireless telecommunications industry, encompassing software applications and highly experienced wireless consultants, to wireless communications providers globally. CONSISTEL offers a complete range of wireless network services, from business and technical consulting to network design, deployment and management. For more information, please visit http://www.CONSISTEL.com