Bahrain-based telecom services provider is aggressively building up its technology infrastructure ahead of its strategic expansion in Africa

Manama - Bahrain May 03, 2009: Bintel, one of the fastest growing telecommunication services providers in MEA, has signed an agreement with Almoayed Systems Group, a subsidiary of Almoayed Group for the implementation of Microsoft Dynamics NAV ERP solution at its headquarters in Bahrain. The deal will enable Bintel to streamline its business processes and boost company-wide productivity, and allow them to connect to their customers, suppliers and partners in a more organized and cost-effective manner.

Thirukumar Nadarasa, COO of Bintel, and Rajan Mohindra, CEO Almoayed Group, at the Bintel headquarters in Bahrain, signed the agreement.

Speaking at the signing ceremony, Thirukumar Nadarasa said, "For a multinational telecom services provider like Bintel which is on the verge of major strategic expansion, Microsoft Dynamics NAV represents the perfect ERP solution. As well as centralizing business data storage and increasing overall productivity, the solution offers unmatched business flexibility, and given Almoayed Systems Group's vast expertise in deploying critical business management systems, we can be assured that the solution will be implemented to world-class standards."

"With the implementation of Microsoft Dynamics NAV, Bintel will be able to make more informed business decisions and respond quickly to customer demands," Rajan Mohindra said. "Almoayed Systems Group has a dynamic pool of resources with the ability to deploy even the most complex of solutions. We have deployed numerous enterprise, banking solutions in several markets such as Bahrain, Qatar, UAE, India, Pakistan and Kenya, and our Business Consultants and deployment teams are highly trained, with a clear focus on deliverables."

Microsoft Dynamics NAV is an innovative business management solution that helps people work faster and smarter, giving businesses the flexibility to adapt to new opportunities and growth. At Bintel, Almoayed Systems Group will implement the solution's Financial Management module, which enables businesses to record all their financial transactions in a central location and allows the financial information to be easily integrated with other business data, thereby enabling managers to make better and more informed decisions. The module includes several functionalities like General Ledger, Cash Management Accounts Payable, and Accounts Receivable.

Abhijit Chatterjee, Asst General Manager, Almoayed Systems Group, said, "Microsoft Dynamic NAV is a comprehensive and easy-to-use solution which enables organizations to automate and streamline business processes. Over the years, Almoayed Systems Group has built a reputation for deploying ERP solutions within the stipulated timelines while maintaining high implementation standards, and we will leverage our considerable expertise to ensure that Bintel is able to take full advantage of the features and functionalities of Microsoft Dynamic NAV."

Microsoft Dynamics NAV delivers robust reporting and business intelligence and connects employees, customers and partners across a global market place. Moreover, the solution offers breakthrough user experience and technology innovations while maintaining the simplicity that has always been a core value of this solution.

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About Bintel:
Bintel is registered in Jebel Ali - Dubai in 2007, headquartered in Bahrain, and operates in the telecom operations and service providing sector with a current focus on the emerging markets. The company presently has offices in Bahrain, UAE, Lebanon.

Bintel currently operates two mobile services in Central African Republic since mid 2007 and in Somaliland since mid 2008, and a majority stake in Swiss-based Telesonique, and is planning a new launch in Gabon in Q3 2009 with a recently acquired mobile license.

(www.bintel-ltd.com)

About Almoayed Systems Group:
Almoayed System Group (ASG), a subsidiary of Almoayed Group was created with a single mission of providing focused software solution in the Enterprise and Banking space.

Within the Enterprise market, ASG is a major player in providing consulting and solutions in the field of Enterprise Resource Planning, Customer Relationship Management, Business Intelligence, an entire portfolio of solutions for document managements and asset management. ASG is proud to be in this vertical and also boats of having unparallel customer loyalty (who are currently using several of the solutions provided by ASG ) due to its 'on time' customer service. We also have a significant number of international customers, spread across Middle East, Africa, the Indian Subcontinent.

www.almoayedgroup.com

© Press Release 2009