Interim Report January - June 1999

Interim Report January - June 1999 *RescueFlow® was launched in Sweden as first country. *Seven EU countries have announced they will approve RescueFlow® for marketing. A business plan for the international launch of RescueFlow® has been prepared. *The Krill project under BioPhausia's management has been terminated, but work completed to date is being documented. *The net result for the period amounted to a loss of SEK 15,091,000 (loss: 25,308,000), of which research and development costs amounted to SEK 10,211,000 (18,312,000). *The Board of Directors and management is adapting the company's organization and personnel to meet future operations. *Ernst Feldtström took over as company president on June 14, 1999. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/08/31/19990831BIT00410/bit0001.doc The full report http://www.bit.se/bitonline/1999/08/31/19990831BIT00410/bit0002.pdf The full report