Conference Call to Discuss Second Quarter 2010 US GAAP Financial Results

MOSCOW--(BUSINESS WIRE)--

CONFERENCE CALL TO DISCUSS SECOND QUARTER
2010 US GAAP FINANCIAL RESULTS

FRIDAY, 10 SEPTEMBER 2010

8.00 AM (ET) / 1.00 PM (UK) / 2.00 PM (CET) / 4.00 PM (MOSCOW)

Host:
Irina Lanina – Vice President, Head of Corporate Communications

Speakers:
Sergey Aslanian – President and Chief Executive Officer
Marina Zabolotneva – Chief Financial Officer

To participate in the conference call, please dial:
UK/ International:	+ 44 20 8515 2302
US:	[phone]
A replay number will be available for 7 days after the conference call. To access the replay, please dial:
UK/ International:	[phone]:
US:	[phone]
The replay access pin code is 4354992#

SITRONICS is a leading provider of telecommunication solutions, including software, equipment and systems integration, IT solutions and microelectronic solutions in Russia and the Commonwealth of Independent States with a strong presence in Central and Eastern Europe and a growing presence in the Middle East and Africa.

SITRONICS serves over 3,500 clients, has over 8,700 specialists on the staff in 30 countries and exports its products and services to more than 60 countries. SITRONICS’ key Telecommunication Solutions operations are based in Prague, Czech Republic and Athens, Greece, while the company’s IT Solutions and Microelectronics divisions are based in Kiev, Ukraine and Zelenograd, Russia respectively.

SITRONICS generated revenues of US$ 458.9 million for the six months ended June 30, 2010 and had total assets of US 1.8 billion at the end of the period. SITRONICS is majority owned by Sistema, which is the largest public diversified corporation in Russia and the CIS.