Intraco Systems Signs $15 Million Letter of Intent.

Business Editors/Technology Writers

BOCA RATON, Fla.--(BUSINESS WIRE)--Dec. 3, 2001

Intraco Systems, Inc. (OTCBB:INSY) (OTCBB:INSY.OB), a provider of advanced speech recognition technology solutions and services, today announced that it has signed a letter of intent with a privately

held investment company based in Miami and London. First International Finance Corporation (FIFC) is a 15-year-old Investment company with its home office in Miami, FL. The letter of intent states that FIFC will invest $15 million of Anglo American PLC Stock (Nasdaq:AAUK) into the company in exchange for stock of Intraco Systems.

According to Michael Zapetis, Chairman of FIFC, "We have an interest in Intraco Systems' technology and niche market they have developed with Federal Express worldwide. Since FIFC works with some of the world's largest banks and companies, we believe we can enhance Intraco Systems expansion and revenue growth much more quickly through our contacts and networks." Mr. Zapetis also stated, "While the technology market is depressed right now, our plan is to add value to Intraco through Mergers and acquisitions of other affiliated companies that will compliment Intraco's overall plan. We also plan to offer other financial products that generate fees through our affiliation with major institutions worldwide."

Joseph Lents, Intraco Systems CEO, stated, "Although this transaction will turn the control over to FIFC after this agreement is finalized next week, FIFC brings to Intraco what the company critically needs - cash, revenue and income. FIFC's plan to expand existing revenue streams, while diversifying through mergers and acquisitions will definitely help Intraco. This will reduce the company's dependence on one product or market."

About Intraco Systems

Intraco is the first service provider to offer next generation voice-enabled technologies as services, including a voice-activated outbound dialer, a voice-activated auto attendant, virtual telephony services and now, as a market

leader, innovative, voice-enabled yellow pages information services, all via centralized data centers, over a private, worldwide IP network. Founded in 1990, Intraco Systems, Inc. has built a solid reputation for bringing together converging voice, data and web technologies, with partners including AT&T, Motorola, IBM, Compaq, Microsoft and Cisco. For more information, contact Intraco Systems, Inc. at 3998 FAU Boulevard, Suite 210, Boca Raton, Florida 33431, USA at Tel: 561/367-0600, Fax: 561/367-9376, email them at info@intraco.com, or visit the Intraco website at http://www.intraco.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainties of future financial results, additional financing requirements, developments of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission. All trademarks are the property of their respective owners.