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euro adhoc: S&T System Integration&Technology Distribution AG
S&T wins large contracts in Bulgaria, Romania and Ukraine (E)

Disclosure announcement transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
Vienna, 1st July 2003 - S&T System Integration & Technology
Distribution AG ("S&T"; Vienna Stock Exchange: SNT; Nasdaq Europe:
SNTS;  OTC: STSQY), a leading provider of IT services in Central,
Eastern and Southern Europe wins major contracts from leading mobile
communications providers Mobiltel AD in Bulgaria and Mobifon in
Romania, once again demonstrating its competence in data storage and
data security technologies. The Ukrainian Ministry of Finance also
relies on the Austrian IT company's expertise and experience.
S&T is building an additional data centre for Mobiltel, the biggest
GSM operator in Bulgaria with a market share of around 80 percent.
This second centre will take over all critical business processes
without interruption in the event of problems or failures at the main
centre. For additional safety, the data centres are several
kilometres apart and connected by high-speed lines. The solution
developed by S&T is compatible with Mobiltel's existing
infrastructure, allowing the market leader to recoup the cost of its
investment within a shorter period of time.
Lef Feldkhun, IT director of Mobiltel: "This project guarantees the
protection of mission-critical data and business processes. It is
already our second successful cooperation with S&T and we have always
been very satisfied with S&T's services in the past. Mobiltel expects
a solution that will meet our requirements in every respect and we
are looking forward to another successful cooperation with S&T." The
project, that also includes a 3-year service agreement, will be
completed in September 2003.
State-of-the-art Storage Technology for Romania 
Mobifon SA - the leading GSM provider in Romania - continues to place
its data security in the hands of S&T and is bringing its complex
data security architecture and central data archiving up to the
latest technological standard. This investment was prompted by the
increased flow of information between the various telecom-specific
applications and will significantly increase the company's
competitive edge in a dynamic and competitive market. S&T experts
developed a solution tailored to the needs of the customer and
realised it with the latest storage technology and management
software from EMC.
S&T networks the Ukrainian Ministry of Finance 
S&T is also demonstrating its competence in data security solutions
in Ukraine. Together with local partner, ICEMD, the company is
realising a project for the Ministry of Finance that will permit the
networking of storage technology with the help of a SAN solution
(Storage Area Network) over large distances. The project will be
carried out in stages, with the first phase scheduled for completion
in August.
S&T-CEO Karl Tantscher: "These three projects once again let us
contribute S&T's comprehensive know-how in the fields of data storage
and data security in order to guarantee our customers uninterrupted
operation of their mission-critical applications." The three projects
have a total order value of around USD 3.5 million.
About S&T - www.snt.at
S&T is a leading provider of IT solutions for customers in 19
countries in Central, Eastern and Southern Europe and Turkey. The
company advises, develops and implements customised IT solutions and
also offers round the clock service. S&T has particular
problem-solving and service know-how for mission-critical
applications. S&T has a specific concentration on the needs of large
and medium-sized enterprises, in particular telecommunications
companies, banks, power companies, the government and health care
sectors.
end of announcement        euro adhoc 01.07.2003

Further inquiry note:

Karl Tantscher Chief Executive Officer mailto:karl.tantscher@snt.at Henriette Lininger
Investor and Public Relations mailto:henriette.lininger@snt.at S&T System Integration &
Technology Distribution AG Gunoldstrasse 16, 1190 Vienna, Austria Phone: +43 1 367 80 88 0 Fax: +43 1 367 80
88 99 mailto:snt@snt.at http://www.snt.at/

Branche: Computing & Information Technology
ISIN: AT0000905351
WKN: --
Index: ATX Prime, NECI, ViDX
Börsen: Wiener Börse AG / official dealing
Nasdaq Europe / official dealing

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