Bure acquires the remaining shares in Adapt Information Systems - Strengthens IT for Health Care sector

Bure acquires the remaining shares in Adapt Information Systems - Strengthens IT for Health Care sector Bure IT/InfoMedia has acquired the remaining 40 per cent of the shares in Adapt Information Systems from Frontec. At the same time, the collaboration with UDAC in IT for Health Care is being strengthened. With a clear ownership structure in both companies, synergies in supply of services and product development can be utilised even better. Bure IT/InfoMedia acquired 60 per cent of Adapt Information Systems in 1996. Operations are concentrated on active IT support in care processes. Since the acquisition, Adapt has broadened its supply of services and now, among other things, forms an important part of Bure Health Care's build-up of managed care systems. Because Bure is the sole owner of the company, prerequisites increase for more intensified collaboration with UDAC. "During 1997, Adapt has invested substantial resources in product and market development. Through co-ordination we will now be able to utilise in full the synergies between Adapt and UDAC," says Bengt Belfrage, Managing Director of UDAC and Head of IT for Health Care in Bure. "An integrated structure will strengthen the companies' competitiveness and makes it possible to explore our various business opportunities at a more rapid rate." IT for Health Care forms part of Bure IT/InfoMedia's IT Services Business Sector. For 1997, the Business Sector's invoiced sales are expected to amount to approximately SEK 100M. Gothenburg, 30 December 1997 Investment AB Bure (publ) Frontec AB (publ) For further information please contact: Bengt Belfrage, Managing Director UDAC +46 18-471 77 08 +46 705-16 32 45 Båge Berglund, Managing Director Adapt +46 705-50 34 55 Information Systems Bertil Persson, Frontec AB +46 8-470 22 20 Knut Leman, Director Corporate +46 31-335 76 75 +46 705-11 76 75 Communication AB Bure