Håkan Östling becomes Venture Partner of Emerging Technologies

Håkan Östling becomes Venture Partner of Emerging Technologies Håkan Östling, Executive Vice President and Partner of Emerging Technolo- gies, becomes Venture Partner to the company with effect from 1 October, 2000. In his new role, Håkan Östling will advise Emerging Technologies on strategic and financial matters and will be responsible for overlooking the Company's efforts in Karlskrona/Ronneby, including representing Emerg- ing Technologies in TelecomCity. "We are very pleased to have struck an agreement with Håkan Östling. Go- ing forward, this will secure access to Håkan Östling's unique competence and strong network he has built during his time as leading stock analyst with Goldman Sachs in London, though we regret that we could not tie Håkan Östling to Emerging Technologies full time", says Peter Sandberg, CEO of Emerging Technologies. Håkan Östling will join Danske Securities as Global Head of Research. In his new role he will assume management responsibility for the bank's equity research department. Den Danske Bank and Emerging Technologies will strenghten the relationship they currently enjoy. Opportunities for strategic cooperation will be ex- plored. Says Peter Sandberg: "We are currently in our build-up phase and networking is key - the potential of building strong ties with a leading financial institution like Danske Bank, is clearly appealing to ET". Emerging Technologies AB is one northern Europe's leading venture capital company within the network economy, with strong focus on the Internet, mo- bile applications and infrastructure. For additional information: Peter Sandberg, CEO, Emerging Technologies. Tel: 0733-872001. www.emergingtechnologies.se ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/09/22/20000922BIT00360/bit0001.doc http://www.bit.se/bitonline/2000/09/22/20000922BIT00360/bit0002.pdf

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Emerging Technologies is a major Northern European venture capitalist organization. Emerging Technologies is building the corporations of the future alongside entrepreneurs, by providing capital and an expert team.