NTels Co., Ltd. authorizes a Buyback Plan.

nTels Co., Ltd. is a Korea-based company engaged in the provision of software solutions for wire- and wireless-communications and broadcasting service areas. Its product portfolio consists of operations support systems used for services opening, accounts collection, gateways and analysis under the brand names of N-Mediator, N-Mediator, IMS, CGF, N-Activator, N-PSG; business support systems used for customer information and product information management, calculations and account data under the brand names of N-Rater, N-CCBS, N-PPS and others, and service platforms used for content management and user identification under brand names of W2CSP and N-Diameter. It is also engaged in the provision of convergence solution services.