AUGUST 24, 2009 – Symstream Technology Group Ltd., a worldwide leader in wireless-technology, announced today an alliance with Icon+, Indonesia’s leading network provider to deploy Symstream enabled Smart Meters to the Indonesian Metering Market.

As a subsidiary of the largest electricity company in Indonesia and over 32 million customers, icon+ now has a market leading position with a strong capacity to deliver competitive network services to the Indonesian market. Over the years, icon+ has conducted extensive research to answer the growing market demand to support their postpaid and prepaid meter reading solution with an advanced wireless metering management solution.

Sharing his views on the partnership with Symstream, Muljo Adji AG, Icon+ Managing Director, said, “This alliance represents a further strengthening of Icon+’s strategy to develop complete end-to-end solutions for the electricity market in Indonesia. With this particular solution, we have found a partner with technology capabilities that seamlessly integrate with our products and allow us to offer real time solutions that are field proven to reduce overhead cost, provide performance monitoring, fraud prevention, diagnostic and fault resolution function, as well as allow corporations to better monitor, plan, report and budget for their electricity requirements.

In commenting on this key initiative, Symstream Vice President Asia Pacific, Mark Telkes said, “Symstream is now applying its proven secure, reliable and fully managed wireless technology to a new vertical market – the Automated Meter Reading (AMR) market. The primary advantages of this solution are Cost Savings, replacing the need for costly human meter readers and High Availability, where hard to access areas can be remotely read for either safety or commercial reasons. We believe that these advantages will ensure Icon+ to continue providing the highest quality of service to existing and potential customers throughout Indonesia.”

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About Symstream Technology Group Ltd

Symstream Technology Group Ltd is involved in the development and commercialisation of wireless telecommunications applications and services. The company is currently launching a revolutionary new, wireless telecommunications protocol, Symstream™. With the ability to be rolled out across existing GSM networks in over 200 countries. Symstream™ is positioned to become a global standard.

The target market for the Symstream ™ technology is initially the financial transaction sector, serving the likes of banks and other financial service providers with a standardised reliable, fast and low cost wireless service that can be used to connect their fleets of ATM's, eftPOS machines and also mobile payments services cost effectively utilising the regions existing GSM voice network infrastructure.

For more information, please visit www.symstream.com.au

For more information, please visit www.iconpln.net.id

For more information contact:

Asti Saraswati

Marketing and Communications Manager, Symstream Technology Group Ltd
+61 3 9568 2622
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