eBizApps.com's experienced management team launches Framfab's expansion into the U.S.
eBizApps.com's experienced management team launches Framfab's expansion into the U.S. Stockholm, Sweden, February 16, 1999 -- Framfab and the owners of Palo Alto based eBizApps.com have signed a final acquisition agreement. This marks the inclusion of the first U.S. office in the Framfab network. The services of Framfab Silicon Valley include Internet strategy consulting, eBusiness applications development, and backend systems integration. The U.S. team is headed by Internet veterans Robert Eisenberg and Ben Fuller. Using the resources of Framfab, they are looking to expand into other U.S. cities, such as Washington D.C. and New York and spawn new offices there. Framfab is now present in eight markets: Denmark, France, Germany, Great Britain, Italy, Norway, Sweden and the United States. Said Sofia Ericsson, Framfab's Vice President Mergers and Acquisitions, "We are very pleased with the addition of the highly skilled U.S. team. This not only marks our first inroads into the vital U.S. market, it also makes our offering to our clients even stronger. Our rapid international expansion that began in May 1999 will continue in Europe, America and Asia during the year." A focus for the Silicon Valley office will be to help incubate Internet start-ups. Current clients of Framfab Silicon Valley include Stanford University, WallStreetDirect.com, PlanetArts.com, and MyTradeIn.com. For more information please contact: Mattias Söderhielm, CSO Framfab, +46 709 41 21 12, firstname.lastname@example.org Sofia Ericsson, VP Mergers & Acquisitions Framfab, +46 8 545 258 01, +46 709 41 21 35, email@example.com, Ola Kallemur, Press Relations Manager Framfab, +46 8 545 258 21, +46 709 41 21 11, firstname.lastname@example.org, Ben Fuller, President Framfab Silicon Valley, +1 650 330 1770, www.framfab.se, Framfab's business concept is to create new business for the network economy through digital and interactive services. Framfab today has approximately 1 700 employees, divided among 41 offices in Borås, Cologne, Copenhagen, Gothenburg, Halden, Helsingborg, Linköping, London, Lund, Malmö, Oslo, Palo Alto, Paris, Rome, Skövde, Stockholm, Sundsvall, Uppsala and Västerås. Among our clients are 3M, AstraZeneca, AXA, Electrolux, Ericsson, France Telecom, IKEA, International Red Cross, SAAB Group, Tele Danmark, Vattenfall, Volvo Car Corporation and Volvo Group. Framfab is listed on the Stockholm Stock Exchange "O" list (ticker FTID). ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/02/16/20000216BIT00850/bit0001.doc http://www.bit.se/bitonline/2000/02/16/20000216BIT00850/bit0002.pdf