Nocom completes new share issue to international institutions

Nocom completes new share issue to international institutions In order to accelerate the development of our mobile Internet solutions and Nocom's international expansion, Nocom AB has completed a new share issue corresponding to 240 MSEK. The issue, which comprises 540.000 shares of series B, has been subscribed by Hagströmer & Qviberg Fondkommission AB for further allocation to Swedish and foreign institutional investors. Approximately 75% of the issue has been allocated to well reputed US and European institutions. The decision to complete the share issue is based on the authorisation given to the Board on the Extra General Meeting held on December 9, 1999. The issue price is 444 SEK. "The new share issue enables us to create a foundation from were we aggressively can grow our mobile Internet solutions portfolio, together with our existing consulting practice, and our mobile services hosting business. We will now accelerate the international expansion of products ® such as WAP Direct and MDP (Mobile Distribution Platform services). Our objective is to become a complete Mobile Internet Service Provider", says Anders Jonson, CEO of Nocom AB. For further information, please contact: Anders Jonson, VD Nocom AB, +46-18-65 55 00 Torbjörn Gunnarsson, Hagströmer & Qviberg Fondkommission AB, +46-8-696 17 00 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/02/25/20000225BIT00240/bit0001.doc http://www.bit.se/bitonline/2000/02/25/20000225BIT00240/bit0002.pdf

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