BTS starts branch office in Australia - Several leading companies on the client list

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BTS starts branch office in Australia - Several leading companies on the client list The training and consultancy company BTS Group AB has, through the acquisition of a minor company, opened up a branch office in Australia. The operation is planned to make a profit from the first financial year and is calculated to contribute 5-7 MSEK in revenues to BTS Group during 2002. Several leading companies within their respective fields, such as Goodman Fielder (Australia's largest food-stuff company), AMP (the largest company within the insurance sector), Australia Post, BHP (the largest steel and raw-material company), CSR (the largest building material company) and Tenix (a leading company within the defence industry) among others, are already on the client list. Paired with experienced BTS employees, the Sydney office has also personnel with solid experience of similar business in Australia. "There is an increasing interest for BTS services on this market and a considerable potential. We also have the added advantage of being able to use our English products on this market", says Henrik Ekelund, President and CEO BTS Group. BTS is listed on the Stockholm Stock Exchange since the 6 June 2001. For further information please call : Henrik Ekelund, President and CEO of BTS Group, tel: +1 415 362 9567 Johan Strömsäter, CEO of BTS UK, tel: +44-207 348 18 00 Christian Ankarcrona, Investor Relations, tel: 08-58 70 70 00 Homepage: www.bts.com BTS Group AB is an international training and consultancy company in the field of business acumen. BTS uses tailor-made simulation models to support company managers in implementing change and improving profitability. BTS train the entire organisation to analyse and to take decisions centred on the factors that promote growth and profitability. This generates increased emphasis on profitability and market focus, and supports day-to-day decision-making, which in turn leads to tangible, sustainable improvements in profits. BTS customers are often multinational companies. In 2001, BTS generated a turnover of SEK 197 million and has today 119 employees. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/05/30/20020530BIT01100/wkr0001.doc http://www.waymaker.net/bitonline/2002/05/30/20020530BIT01100/wkr0002.pdf