AU-System commissioned by Riksgäldskontoret

Press Release from AU-System For immediate release AU-System commissioned by Riksgäldskontoret Stockholm, Sweden - November 1, 2001 - AU-System has been commissioned by the Swedish National Debt Office, Riksgäldskontoret, to develop a new system to increase the automation of and access to information about payments made by governmental institutions. The commission, which is initially worth about SEK 11 million, includes systems development and the improvement of the payment methods and routines used. "We decided to commission AU-System after a tough procurement process. It was AU-Systems' wide-ranging expertise and experience that finally helped us make our choice," says Anita Nyqvist, project manager at Riksgäldskontoret. From 2001 all banks that have framework agreements with Riksgäldskontoret can handle governmental payments in a competition- neutral way. This means that the selected banks will report all information on payments directly to Riksgäldskontoret. Among other things the information is used as a basis for forecasting on the lending needs of the government and the balance of the national budget, as well as for government accounting. "We're very happy to be trusted to develop Riksgäldskontoret's new system. The commission further strengthens our position as a supplier of mission-critical business solutions for banks and financial institutions," says Johan Nyberg, business area manager at AU-System. AU-System will co-operate with the financial consultant N&G Financial Management to ensure effective cash management and improve the possibility to analyse the governmental cash flows. "We're glad that AU-System chose N&G Financial Management as its partner in this project for Riksgäldskontoret. The co-operation is another example of our ability to deliver leading services in the financial segment," says Niclas Osmund, partner at N&G Financial Management. Media Contacts: AU-System AB Riksgäldskontoret Johan Nyberg, Business Area Manager Anita Nyqvist, Project manager Tel: +46-70 529 21 15 Tel: +46-70 376 25 86 Johannes Rudbeck, Investor Relations Tel: +46-70 582 56 56 About AU-System AU-System is a leading mobile Internet consultancy. The company also provides integrated marketing communications services through its subsidiary SandbergTrygg. Large customers include Ericsson, Telia, Volvo, Nordea Nordbanken and Motorola. AU-System was founded in 1974 and currently employs more than 1,000 people located in Sweden, United Kingdom, Italy, United States, Thailand and Singapore. AU-System is quoted on the Attract40 list of Stockholmsbörsen under the symbol AUS. For more information please visit www.ausystem.com. Om N&G Financial Management N&G Financial Management is a leading financial consultancy offering companies and organisations lasting solutions for improved cash flow. The work is focused on four specialist areas: Value Based Management, Working Capital Optimisation, Treasury Management, and Corporate and Structured Finance. N&G Financial Management has offices in Stockholm, Gothenburg, London and Copenhagen. Among the company's clients are Swedish Match, SKF, MTG and EQT Partners. For more information see www.n- g.nu. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/11/01/20011101BIT00880/bit0001.doc http://www.waymaker.net/bitonline/2001/11/01/20011101BIT00880/bit0001.pdf