Billiant AB Gains International Investor Attention

Billiant AB Gains International Investor Attention Venture Navigator Event Showcases Leading International Internet and Wireless Opportunities New York: The market for high tech venture investments has gone global, and Billiant is at the leading edge of the development. Billiant is one of the top tech companies from around the world selected to connect with the big money that has been fueling the phenomenal Internet growth in the U.S. "Venture Navigator: International Venture Capital Summit and Showcase" will provide the connection point at its November 29 meeting in New York City. The Venture Navigator event- taking place at the Citigroup Executive Conference Center- will feature presentations from 25 high-growth, Internet and Wireless companies from throughout Europe, Scandinavia, Israel and Canada. A select audience of 150 venture capitalists, corporate investors and senior-level deal makers will evaluate their business plans and, hopefully, strike million dollar deals. This is the only U.S. showcase dedicated exclusively to venture investing opportunities in Internet and Wireless companies from around the world. Billiant was selected because the corporate strengths of: enabling technology with product leverage, unique wireless positioning, straight- forward revenue model, and their business-critical product with customers that pay for quality. In choosing among the many applicants to present, Venture Navigator looks for operating companies that have solid business fundamentals such as strong management, technological and competitive advantages, and a clear vision for expansive revenue and profit growth. More information is available at www.venturenavigator.com, or by calling +1-212-683-9200 ext. 201. "U.S. venture capital firms and other strategic investors are increasingly looking outside the country for exciting investment opportunities," said William Fisher of Open World Interactive, the event's producer. "The Internet continues to spur global competition and is forcing investors to search all of the world's tech capitals for the best ideas, the best talent, and the best managed companies. Billiant is an industry innovator with great market potential." Presenting companies are in the early-stage, late-stage or expansion-stage of financing and are seeking $2-$25 million. They have already developed products, services, organizations or customers and now are expanding product development or marketing. They have access to capital at home, but want to tap the experience and connections of seasoned American VCs. The semi-annual Venture Navigator event is a full day of deal making, and includes 5-minute company presentations, keynote speakers, panel discussions and plenty of networking- plus breakfast lunch and a reception. Important trade associations and corporate sponsors such as Citibank, Korn/Ferry International and KPMG support the showcase. Additionally, international governments and trade groups are helping to coordinate the research and selection of the most promising companies in their local markets. For further information, please contact: Annelie Wallén, Press Relations Billiant AB, +46 8 678 63 24, annelie.wallen@billiant.com William Fisher, Venture Navigator, +1 212-683-9200 x203, wefisher@open- world.com About Billiant AB Billiant AB designs, develops, and markets leading edge billing software and services, including the possibility for flexible ASP solutions. The target customers are packet-based communication service providers, like Broadband Operators and Mobile Service Providers, as well as portals. Billiant has a very solid ownership backing. Main investors are WireEdge Ventures and Venture Partners. Billiant is operating at the European market with headquarters in Stockholm, design center in Gothenburg, a local sales office in Madrid, and is now aggressively expanding across Europe. For more information: www.billiant.com. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/11/28/20001128BIT00160/bit0001.doc http://www.bit.se/bitonline/2000/11/28/20001128BIT00160/bit0002.pdf