Interim Report for January-June 2000
Interim Report for January-June 2000 @ Net sales totalled KSEK 3 716 (589). @ An operating deficit of KSEK -57 441 (-22 065) was recorded. @ A deficit of KSEK -49 186 (-22 027) after financial items was reported. @ The company had 79 employees at the end of June, an increase of 34. @ To fully capitalize on the global market opportunities a new US-based CEO, CTO and Chairman of the Board have been appointed. Tony Svensson, currently CEO of Effnet, Inc., has been appointed CEO of Effnet Group AB. Svensson will keep his position as CEO of Effnet, Inc., and will remain in Silicon Valley. Norman