[October 05, 2005]

ITALTEL AND ACCENTURE TO DEVELOP NEXT-GENERATION SOLUTIONS FOR TLC SERVICE PROVIDERS IN EUROPE AND SOUTH AMERICA

IEC BROADBAND WORLD FORUM; Madrid, October 4, 2005 � Italtel, a leading company in the development and integration of products and services for next-generation Internet Protocol (IP) networks, and Accenture (NYSE: ACN) will jointly develop next-generation solutions for telecommunications service providers in Europe and South America.

The two companies will work together to integrate Italtel�s products -- i-UDB, i-SSW, i-PS and EMAS -- which support multi-media solutions and are adapted to the Internet Multi-Media Subsystem (IMS) standard, with Accenture Communications Solutions to help service providers bring next-generation services to market more quickly. Accenture Communications Solutions is an industry suite of business solutions that provide telecommunications service providers with ready-to-use, pre-packaged components that include a robust common integration framework and are aligned with industry standards.

The co-development agreement builds on the existing relationship between Accenture and Italtel, who recently teamed to develop a converged services capability for next-generation networks solution at Telecom Italia. At the heart of Telecom Italia�s services is a unified database that Accenture and Italtel integrated to provide a fast, scalable and reliable, centralized database that helps manage high volumes of customer profiles in real-time to facilitate innovative services. This agreement will allow Italtel to address a broader complement of business challenges through synergistic co-development around Accenture�s framework for the development of next-generation services and applications.

Accenture�s Service Delivery Platform is a standardized service-delivery architecture enabling wireless, wireline and convergent operators to facilitate and accelerate the introduction of market-driven mobile and fixed applications while reducing complexity of new product launches across the different access networks.

"The agreement supports our corporate development plans of expanding our capabilities to address the needs of supporting the most innovative operators that are set on expanding their VoIP services, improving their time to market and reducing their network management costs - said Claudio Chiarenza, Executive VP, Business Unit Products of Italtel - We have teamed successfully with Accenture on a number of different complex projects and expect this further collaboration to allow us to offer a better service to new and existing clients.

�Our challenge is to develop cost-effective solutions that give communications providers flexibility and enable them to get their products to market quickly. - said Roberto Citton, a senior executive in Accenture�s Communications & High Tech operating group - Our combined solutions will help clients to take full advantage of broadband innovation while addressing the challenges of an increasingly complex and convergent digital environment.�

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About Accenture
Accenture is a global management consulting, technology services and outsourcing company. Committed to delivering innovation, Accenture collaborates with its clients to help them become high-performance businesses and governments. With deep industry and business process expertise, broad global resources and a proven track record, Accenture can mobilize the right people, skills and technologies to help clients improve their performance. With more than 115,000 people in 48 countries, the company generated net revenues of US$13.67 billion for the fiscal year ended Aug. 31, 2004. Website:www.accenture.com

About Italtel
Italtel designs, develops and installs new-generation integrated multi-service networks (voice/data/video) ensuring fixed and mobile operators and ISPs reliable and open to networking and technological developments infrastructures, thanks to its leading edge products and system integration capabilities. Revenues for 2004 totaled 542 million euro. Since 2000, Italtel main shareholders are Clayton, Dubilier & Rice, Telecom Italia and Cisco Systems. Website: www.italtel.com

For further information:

Italtel
Laura Borlenghi
Corporate Info
Phone: +39 02 4388 5275
Mobile: +39 335 769 4240
E-mail: laura.borlenghi@italtel.it

Marialuisa Cordone
Product Info
Phone: +39 02 4388 3771
Mobile: +39 335 122 3740
E-mail: marialuisa.cordone@italtel.it

Accenture
Elisabetta Darida
Accenture, Media & Analyst Relations, IGEM
Elisabetta Darida
Phone: + 39 02 777 58627 � Fax: + 39 02 7776 58627
E-mail: elisabetta.darida@accenture.com

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