Adera purchases Swedish IT company OOPix

Adera purchases Swedish IT company OOPix The purchase of the OOPix consulting company strongly reinforces Adera in the area of object-oriented systems development. OOPix offers customers expertise in object-oriented systems development, ranging in scope from part of a project to a change in the entire development process for IT support and operations. The company currently has 25 employees. In 1999, OOPix had net sales of SEK 24 million and a profit margin of 6 percent. Customers are primarily large companies such as Scania, SAS, Telia, the Swedish Postal Administration, the Swedish State Railways and Ericsson. "OOPix builds third-generation Web applications and definitely stands for state-of-the-art applications design," says Jörgen Ericsson, CEO of Adera. "Combined with a very strong concept for the integration of operations and IT, this expertise forms a key element in all the advanced projects in which Adera is involved." "Adera offers an integrated environment involving business strategists, creators, Web developers and employees with substantial process-related know-how. Our concept and cutting-edge expertise in systems development and object-oriented technology such as Java, EJB, Corba and application servers is perfectly suited to Adera's business model," say Finn Sjöberg, Christer Domeij and Harald Abelin, the three part-owners of OOPix. The purchase price of SEK 75 million, funded with Adera B shares, is expected to impact Adera's 2000 earnings favorably. OOPix has an office in Stockholm and with this purchase the Adera Group now consists of slightly more than 500 employees in seven countries. OOPix was started in 1999 by consultants with a background in what was then Enator Functional Systems. Operations focus entirely on object orientation on all levels, from method support, project management, support for design and realization, quality assurance, and training. OOPix works with all leading tools, languages and development standards. The company consists of 25 employees, and in 1999 it had net sales of SEK 24 million. Adera AB (publ) generates business value for customers by combining areas of expertise critical for success based on the new business logic: strategy/business development, marketing/communications and IT/Internet. Adera currently consists of 525 employees and has offices in Gothenburg, Stockholm, Ljungby and Värnamo - in Sweden - as well as Copenhagen, Oslo, London, Antwerp, Amsterdam, and Munich. Adera shares are listed on the O- List of the Stockholm Stock Exchange. For further information, please contact: Jörgen Ericsson, CEO, Adera, Tel: +46 31 701 67 35; Mobile: +46 703 99 28 66 Janerik Dimming, CIO, Adera, Tel: +46 31 701 67 66; Mobile: +46 706 20 60 08 Harald Abelin, President, OOPix, Tel: +46 8 440 73 90 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/05/20000505BIT00330/bit0001.doc http://www.bit.se/bitonline/2000/05/05/20000505BIT00330/bit0002.pdf