RB-28-2006 Agreement with Polkomtel S.A. for Implementation of Comarch\'s Billing System
Pursuant to Art 5, Act 1, Pt 3 of the Regulation issued by the Minister of Finance on 19 October 2005 concerning current and periodical information pertaining to companies traded on the stock exchange, ComArch S.A. informs that an agreement was signed on 27 April 2006 between ComArch S.A. and Polkomtel S.A. for implementation of the Comarch InterPartner Billing system.
The system will enable and support the provision of billing services between Polkomtel S.A. and its business partners, namely: MVNOs and Service Providers. The agreement is valued at 12.4 million PLN, with a completion date of May 2007. The agreement contains penalty provisions to the maximum amount of 1.75 million PLN. Payment of penalties does not exclude instigation of further compensation claim proceedings for amounts greater than the penalties. The value of ComArch's equity capital constitutes the agreement's criterion.