Cannes, France – 24 February 2004 - Comfone has completed the final tests of its roaming broker concept - Key2roam® - and has secured its first strategic partner network. The innovative solution, where Comfone plays the role of broker, allows an operator to have access to all roaming partners already commercially roaming via Key2roam® once a single roaming agreement with Comfone has been concluded. This is a major step towards the goal of a plug and roam solution.

Having secured Atheer Telecom Iraq as its first strategic Key2roam® partner, Comfone's solution brings the Iraqi coalition government's aim to internationally reintegrate Iraq through rapid worldwide roaming closer to reality. Atheer Telecom was one of the three operators awarded a GSM license to provide Iraq with mobile telecommunications in October 2003. With Key2roam®, mobile operators across the globe can now easily set up roaming within Iraq in a very short lead time.

Oscar Derrer, Comfone CEO, commented that "Key2roam® is set to revolutionise international roaming as we know it today. The strength of Comfone's concept is its simplicity, ensuring mobile operators fast and efficient connection to operators worldwide, all through one single contract and without any change to existing signalling and clearing standards and practices."

The final testing of the Key2roam® concept was successfully executed with Comfone's 3 partners - Orange (Liechtenstein) AG, Monaco Telecom and IMC Island, together with EDS, the clearing solutions partner of Comfone.

About Comfone
Comfone supplies mobile operators services that are needed for the worldwide interconnection of mobile networks, so called 'roaming'. Founded in 1997 with the goal to provide efficient solutions in the field of international roaming, Comfone's service portfolio is currently unique in the world. Comfone is the first Roaming Broker and the only operator of an international roaming platform. With head offices based in Berne, Switzerland, Comfone is 75% owned by four management members who are actively involved in the company. Comfone comprises of 70 employees, consisting of 13 nationalities who speak a total of 16 languages. Further services include; Signalling Solutions (SS7), Roaming Management, GRX services for GPRS and Data, Financial and SMS Interworking Clearing.

About Atheer Telecom Iraq
Atheer Telecom Iraq's primary investors include the Mobile Telecommunications Company of Kuwait (MTC), Dijla Telecommunications Corp of Iraq and the Kuwaiti construction firm Kharafi National. As one of three mobile operators in Iraq, the Coalition Provisional Authority (CPA) of Iraq awarded Atheer Telecom with a two-year GSM mobile phone license in October 2003. Atheer Telecom's network is to cover the south of the country.