Lars Berg to join the Net Insight Board of Directors

Lars Berg to join the Net Insight Board of Directors Lars Berg, head of Mannesmann telecoms activities, has been offered and has accepted a place on the board of Net Insight, the network company listed on the OM Stockholm Exchange O-list. The election of Lars Berg is planned to take place at the next Annual General Meeting. The proposal is supported by shareholders with a shareholding corresponding to a majority of the votes in the company. "With his strong presence in the telecommunications industry from having held leading positions at both Ericsson and Telia, and his international experience, the latest being the head of telecommunications at Mannesmann, Lars Berg represents a strong addition to the on-going work of developing Net Insight into a leading network company", says Bengt Olsson, CEO of Net Insight. "During recent years, I have monitored developments in the Swedish network industry from an overseas perspective, and have been very impressed by what has been achieved, not least by Net Insight's contribution", comments Lars Berg. "It will be very stimulating now that I can personally contribute to the continued development of a company that has developed a new Swedish leading-edge technology in a remarkably short span of time". For further details, please contact: Håkan Kihlberg, Chairman of the board Net Insight, tel: +46 8 738 38 00, e-mail: hakan.kihlberg@prb.se Bengt Olsson, CEO Net Insight, tel: +46 8 685 04 00, e-mail: bengt.olsson@netinsight.net Gunnar Andersson, VP Corporate Communications, tel: +46 8 685 04 00, e-mail: gunnar.andersson@netinsight.net About Net Insight Net Insight is a network company that develops and markets solutions based on DTM (Dynamic synchronous Transfer Mode) for network operators, in order to reduce costs, and create networks for the future with unbeatable performance and unique scalability. Net Insight's vision is to release the full potential of fibre-optics and the Internet, enabling network operators to supply completely interactive communications. For more information, see www.netinsight.net. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/02/29/20000229BIT00280/bit0001.doc http://www.bit.se/bitonline/2000/02/29/20000229BIT00280/bit0002.pdf

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