Novestra - company presentation and analyst meeting on december 6, 2001

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 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/11/20/20011120BIT00640/bit0001.doc http://www.waymaker.net/bitonline/2001/11/20/20011120BIT00640/bit0001.pdf

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About STRAXSTRAX is a global company specializing in mobile accessories and connected devices. STRAX is listed on the Nasdaq Stockholm Stock Exchange. STRAX offers proprietary, licensed,partner branded accessories and connected devices. The proprietary brands include XQISIT, GEAR4, Urbanista, THOR, AVO+ and FLAVR. The company furthermore represents over 30 brands. The company sells to a wide channel landscape ranging from telecom operators, specialized mobile and consumer electronics retailers to online, lifestyle, convenience stores and supermarkets. STRAX was founded in Miami and Hong Kong in 1995 and has since grown significantly across the globe. STRAX has 200 employees in 12 countries and its operational HQ and logistics center is based in Germany.

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