2008-11-07 06:59:33 CET

2008-11-07 07:00:34 CET


REGULATED INFORMATION

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Comptel - Company Announcement

Comptel establishes a customer service center in Bulgaria and increases its product development in Malaysia


Comptel Corporation Stock exchange release 7 November 2008 at 8.00 am          

Comptel establishes a customer service center in Bulgaria                       
and increases its product development in Malaysia                               

Comptel Corporation establishes a customer service center in Sofia, Bulgaria for
the delivery and support of its software solutions. The center starts to serve  
the customers in the near-by region and will later expand its operations.       
Comptel has significant telecom operator customers in Bulgaria, Romania, Albania
and Greece. Furthermore, the East European telecom markets offer new growth     
opportunities for Comptel.                                                      

The customer service center will be established in cooperation with a local     
software company. The center is estimated to have 6-10 employees at the end of  
this year and to grow in the future. Operations in Bulgaria will bring Comptel  
closer to the customers, support the growth opportunities in Eastern Europe,    
facilitate the recruitment of IT and software specialists and strengthen the    
profitability of Comptel's service business.                                    

During 2008 Comptel has increased its personnel also in Malaysia. A product     
development organisation has been established in Kuala Lumpur with 25 employees 
recruited so far. This number is expected to grow in 2009. Increasing the       
product development capacity in Malaysia brings Comptel new talent from the     
local developed employment market and enables further development of Comptel's  
competitive cost structure. In total Comptel has currently over 80 employees in 
Malaysia.                                                                       

Comptel Corporation arranges today a Capital Markets Day. The CMD presentations 
will be available at 9.00 am on Comptel's Investor site at www.comptel.com      

COMPTEL CORPORATION                                                             
Sami Erviö                                                                      
President and CEO                                                               

Further information:                                                            
Sami Erviö, President and CEO, tel. +358 9 700 1131                             

Distribution:                                                                   
NASDAQ OMX Helsinki                                                             
Major media                                                                     


Comptel provides Dynamic OSS solutions, enabling telecom service providers to   
deliver services flexibly and charge them effectively. Comptel's expertise in   
inventory, provisioning and activation, mediation and charging empowers service 
providers to focus on delivering the innovative services. Comptel has provided  
solutions to 280 customers with 500 million subscribers in 85 countries. Net    
sales were EUR 82.4 million in 2007. Comptel was established in 1986 and has    
this year acquired an UK-based IP fulfillment specialist Axiom Systems.         
Following the acquisition the Group has about 630 employees in 18 countries.    
www.comptel.com