The annual stockholders' meeting in Consorte Group ASA on April 26th 2007 decided that the company's name was to be changed to Intelecom Group ASA. The name change will take place June 15th 2007. The "ticker" on Oslo Stock Exchange will be changed to "ITC". The company's WEB address will also be changed to www.intele.com The name Intelecom is a play on words describing the group's business areas: * Infrastructure * Datacom * Telephony * IN (Intelligent Network) services * Integration and Competence The name change is a step in the strategic change to becoming a turn-key communications solutions supplier to the entries market. The change was initiated be the acquisition of Intelecom AS in 2006. Consorte's subsidiaries in Denmark, Sweden and the UK will also be renamed to Intelecom. This will take place in September. The change will be manifest Intelecom as a turn-key solutions supplier in these countries. The Intelecom Group has very clear Scandinavian ambitions. Intelecom is Norway's largest voice and communications integrator for large and midsized enterprises today. Our ambitions are to take a major position in all Scandinavian countries. About the company: Consorte Group ASA is a leading company in development, integration, delivery and operation of communication solutions to the enterprise market. The Group has subsidiaries in Norway, Sweden, Denmark and the UK and supplies services and solutions that are adapted to the individual customer's business and requirements. Consorte's customers regard communication as business critical and Consorte addresses this by combining business understanding with advanced communication technology.