SITRONICS TS, CZ has a new CEO

Pavel Smejkal has been appointed CEO of SITRONICS Telecom Solutions, Czech Republic

Prague, January 30th, 2009- Pavel Smejkal (37) has been appointed CEO of SITRONICS Telecom Solutions, Czech Republic, a producer of telecommunication infrastructure and information systems, from the beginning of January. Mr. Smejkal is responsible for company management, creation and fulfillment of its financial strategy, planning, development and controlling.

Before joining the management of SITRONICS TS, CZ, Pavel Smejkal was the Finance Director and Support Services Department Director of Johnson & Johnson Czech and Slovakia. He has also gained his professional experience at PricewaterhouseCoopers and in Telefónica O2 Czech Republic (former Cesky Telecom) senior finance management. In this position he participated in the integration process of Cesky Telecom and Eurotel, and the subsequent integration with the Telefónica O2 group, as welll as the privatization and transformation process of the Cesky Telecom group.

Pavel Smejkal graduated from the University of Economics, Prague, where his field of study was International Business, politics and diplomacy. He is a member of the international Association of Chartered Certified Accountants (ACCA) which has its registered office in Great Britain. In addition, he has gained the American Institute of Certified Accountants certificate (AICPA). Pavel has been working in various management positions in multinational companies for more than 10 years.

Pavel Pavlovsky, the chairman of the SITRONICS TS, CZ Board of Directors, says: "His 5 years of experience in the biggest Czech telco operator's management and his overall knowledge of the telecommunication market makes him an ideal leader for a company with international operations in the area of telecommunication solutions." Pavel Smejkal said about his appointment: "In my new position I will mainly pay attention to continual increase in efficiency of the company's financial management and maximizing company shareholders' profit. My goal is also to help the company in its expansion in international markets."

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About SITRONICS TS

The joint-stock company SITRONICS Telecom Solutions, Czech Republic was founded on the basis of Strom Telecom, established in 1993 in Prague. SITRONICS Telecom Solutions is one of the first European developers of OSS/BSS end-to-end solutions in the area of telecommunications, housing and public utilities, power engineering and Next Generation Networks (NGN).

Today, SITRONICS Telecom Solutions is a leading supplier of complete solutions to Russian, CIS, Central and Southeastern Europe, Asian, African and Middle Eastern markets. SITRONICS Telecom Solutions has more than 5000 employees in Russia, the CIS, Czech Republic, Bosnia and Herzegovina, Slovak Republic, Slovenia, Ukraine, India, Pakistan, and Malaysia. SITRONICS TS' products are used by more than 50 telco operators serving more than 110 million subscribers in 15 countries. It is a division of JSC SITRONICS.

Web site: http://www.sitronicsts.com/

JSC SITRONICS (LSE: SITR) is one of the leading suppliers of telecommunication solutions, information technologies and microelectronics in Russia and the CIS, and expanding in the Central and Eastern Europe, Middle Eastern and African markets. SITRONICS serves more than 3500 clients. The company has representative and branch offices in 33 countries and exports its products to more than 60 countries. The total number of its employees exceeds 11 000. The main SITRONICS offices are located in Prague (Czech Republic) and Athens (Greece) - Telecommunication solutions, Kiev (Ukraine) - Information technologies, Zelenograd, Moscow (Russia) - Microelectronic solutions.

Web site: http://www.sitronics.com/

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Contact:

Jana Kulísková
CoLin s.r.o.
tel.: +420 283 890 139

jana.kuliskova@colin.cz
sitronicsts@colin.cz


Jegor Safrygin
SITRONICS TS
tel.: +7 916 356 32 99
esafrygin@sitels.ru