Neos joins with Comtec For Import and Export, Egypt for hotel technology partnership

November 2006: DUBAI, U.A.E - Neos Interactive Limited and Comtec for Import and Export have announced the signing of a technology partnership to bring the latest and best in integrated communications and entertainment systems to hotel rooms throughout the Middle-East Region.

Each partner contributes from an unparalleled basis of expertise: Neos has developed a cutting edge in-room multi-media platform, NeosTV, to deliver on-demand video and music, PC productivity applications, together with Internet access on the TV. Unlike other in-room entertainment systems, it has a user-friendly, intuitive interface, which can be customized to the hotel's needs in appearance and with the broadest selection of media content. Neos will design and sell such systems for customers in the hospitality and leisure sectors.

Comtec for Import & Export, as one of the Region's leading independent providers of Telecommunication and security services, will plan and install the Neos application, offer the most attractive terms for the procurement of all types of TV screen and computer equipment for each installation, and afterwards support it through their office in Cairo, Egypt.

"Building on our success in Egypt, UAE, Europe and India", said Karim Saba, Neos General Manager for the Middle East, "we have long wanted a means to make our technology available to the dynamic growth hotel market of Egypt. This partnership relationship with Comtec now enables us to deliver a one-stop, world class solution for any hotel's communications and entertainment needs in Egypt".

Said Sami Mansour, President of Comtec : "The market opportunity for Comtec and Neos is enormous - there are more thousands hotel rooms scheduled for construction in Egypt in the next five years, the majority of which will need to offer the sort of technology their guests are used to in their homes and offices. Plus there is enormous incremental revenue potential for hotels by upgrading to the latest and best technologies offered by Neos and Comtec".

About Comtec For Import & Export

Comtec is a pioneering Telecommunication and security company based in Egypt. Since its inception in 1999, Comtec has been focusing and specializing in presenting high technology infrastructures in the market. Over the year, Comtec has proved itself to be one of the most unique companies in Egypt that achieved great success by providing a huge distribution network all over the country for the products that it represent in Egypt as sole agent. Based in Cairo, Comtec is an expanding company providing expert services with highly qualified expertise to a fast growing client base including both hotels and industrial entities.

For more information about Comtec, please visit: www.comtec.com.eg