Novestra - company presentation and analyst meeting on december 6, 2001
11/20/2001 8:22 AM EST
NOVESTRA - COMPANY PRESENTATION AND ANALYST MEETING ON DECEMBER 6, 2001
AB Novestra will hold a half-day combined company presentation and
analyst meeting on Thursday December 6, 2001 at Operaterrassen in
Stockholm starting at 8.00 a.m. up to and including lunch.
Apart from a general presentation of the company, three of Novestra's
portfolio companies will present their businesses. In connection with
and immediately following lunch, investors and analysts will be given an
opportunity to put questions to the representatives of the portfolio
companies and to Novestra's management.
"We have had a very positive development in most of our portfolio
companies and we look forward to be able to present some of them in more
detail. A number of our portfolio companies have revenues exceeding MSEK
100 and some of them have increased their revenues and result by 80 -
100 percent over the past year in spite of deteriorating market
conditions.
Most of the companies are now in a post-venture or expansion phase with
non-existing or limited capital needs. It is primarily in the post-
venture phase where the greater part of our future investments will be
made and this is one of the issues to be discussed at the presentation
on December 6," says Novestra's chairman, Theodor Dalenson.
For further information please contact Cecilia Janson, AB Novestra,
phone No. +46 8 545 017 50.
About AB Novestra
AB Novestra is one of the leading independent venture capital investment
companies in the Nordic region with focus on companies providing
enabling network technologies and services for the communications
industry. Novestra's portfolio of companies includes B2 Bredband AB,
Comintell Holding AB, Continuum Group Ltd, Netsurvey AB, Qbranch AB,
Recollections, Inc.,
Strax Holdings, Inc. and a number of other holdings. Novestra's shares
are listed on the O-List
of Stockholmsborsen.
For information regarding AB Novestra, please see www.novestra.com