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Interim report for the period January-September 2001

2 Cell Network AB (publ), company registration no. 556216-0357 Cell Network AB (publ), company registration no. 556216-0357 Interim report for the period January-September 2001 Implemented changes improve results in a weak but more stable market Cell Network's operations within business development, systems integration and convergence performed better in the third quarter than both the previous quarter and the third quarter last year. The action programme to restore profitability has pushed up the utilisation rate month by month, so countering the effect of slightly lower prices. Demand has

Cell Network makes cash offer in compulsory redemption procedure

Cell Network makes cash offer in compulsory redemption procedure Cell Network is now taking the next step in its programme of measures. Shareholders who did not accept the public offer made at the time of the merger between Mandator and Cell Network are to be given a new cash offer of SEK 20 per share. At the same time, Cell Network is undertaking measures to suspend the ongoing compulsory redemption procedure. The benefit of the offer to those minority shareholders concerned is that they will get a chance to receive an immediate cash payment, substantially above current valuation levels.

The Swedish Defence Materiel Administration signs deal with Cell ITS

The Swedish Defence Materiel Administration signs deal with Cell ITS worth SEK 6 million Cell ITS has received an order to upgrade and modify the DISU system of the Swedish Defence Materiel Administration. DISU is a system that is used to make shooting and combat training more effective using laser simulators. The project is set to run until May 2002. - Cell ITS developed DISU, so the company was the obvious choice of partner when it came to upgrading and modifying the system. Not only that, Cell ITS has both the expertise and the experience we require, comments Krister Kalte, DISU Project

Swedish Board of Civil Aviation signs SEK 10 million order with Cell ITS

Swedish Board of Civil Aviation signs SEK 10 million order with Cell ITS Cell ITS has been entrusted with the task of installing ATC* simulators for SATSA, the Swedish Air Traffic Service Academy, at Sturup Airport. The project will run for a year and the simulators will be a tool in training future air traffic controllers. "We are very pleased to have access to these simulators, which will be a competitive tool in our training. They also enable us to increase our market share on both Swedish and foreign markets," says Göran Lindqvist, Head of the Simulator Operation at SATSA in Sturup.

New Director of Corporate Communications at Cell Network

New Director of Corporate Communications at Cell Network Robert Karlsson was today appointed Director of Corporate Communications of Cell Network. Robert Karlsson was previously responsible for Investor Relations at Cell Network, a position he will still keep. Robert Karlsson will be a member of the Executive Group of Cell Network Robert Karlsson has been with the Cell Network Group since 1999. Prior to joining Cell Network, Robert Karlsson worked for the listed Investment Company ORESA Ventures. He also spent four years with KPMG, including a posting in St. Petersburg. Robert Karlsson has

Swedish Post Office signs framework agreement with Cell Network

Swedish Post Office signs framework agreement with Cell Network The agreement means Cell Network will be entrusted with the task of offering consultancy services to the Swedish Post Office and continues a collaboration of several years' standing which now includes the entire Swedish Post Office organisation. "This is a strategically important deal for Cell Network, since our goal is to bring in more customers in the logistics field that have need of our knowledge within logistical and mobile solutions. In addition, this purchase means that the market has confidence in Cell Network as a

Extraordinary General Meeting approves sale of French company

Extraordinary General Meeting approves sale of French company An extraordinary General Meeting of shareholders of Cell Network AB has today unanimously approved the transfer of all shares in Cell Network France S.A. to Linos Investments Holding S.A. On 31 July Cell Network communicated the sale of its French subsidiary. The buyer is a company owned by the leading officers of Cell Network France. Thus, the deal is covered by an act on private placements known as the Leo Act, meaning that it was conditional upon finding approval from a general shareholders' meeting of Cell Network, which it

Cell Network AS voted Best IT Company of the Year in Estonia

Cell Network AS voted Best IT Company of the Year in Estonia This is the third year in a row that Cell Network AS has topped the list of Estonia's most profitable IT companies. The survey is carried out annually by Estonia's leading financial paper, Äripäev, a wholly-owned subsidiary of Dagens Industri. Cell Network AS, formerly Assert AS, is a wholly-owned subsidiary of the Cell Network group, operating mostly within data consulting, systems solutions and integration of IT equipment. "The strategy for maintaining our strong position is to continue working locally at the same time as

Europolitan Vodafone signs framework agreement with Cell Telecom

Europolitan Vodafone signs framework agreement with Cell Telecom Cell Telecom has signed a framework agreement with Europolitan Vodafone for a coming one-year period. The assignment includes project management, test management and systems development. The contract applies for one year from 1 July this year, with an option to extend. "Cell Telecom possesses cutting edge skills in a number of projects that are important for our part. The choice of partner was made easy by previous good collaboration, and the local presence in Karlskrona of Cell Telecom consultants with many years' experience

Cell Network sells French company

Cell Network sells French company Cell Network transfers all its shares in Cell Network France to the former owners. "This is a logical step in our ongoing Push for profit action plan," says CEO Niklas Flyborg. "Among other things, it means that we are selling or closing units that are not deemed able to achieve profitability within a reasonable time." With the deal Cell Network will be able to reduce its future financial commitments by up to SEK 35-40 million, and avoid a considerable loss for the second half of the year. The sale means capital losses of SEK 85 million, already allocated

New stage in Cell Network's action programme to restore profitability

New stage in Cell Network's action programme to restore profitability Cell Network is concentrating its resources in Germany on the profitable management consultancy market and is withdrawing from the unprofitable web design market by selling its stake in Aperto. Meanwhile, the Cell Media/Communication business area, which includes Journalistgruppen, Propello and Cell Interactive TV, has been sold off. "This is an important stage in our action programme to restore profitability and to restructure and refocus the Group," says CEO Niklas Flyborg. "We are now consolidating our operations to

Cell Network delivers test system to Volvo Penta

Cell Network delivers test system to Volvo Penta Cell Network has signed a contract with Volvo Penta to deliver a new system for testing engines when the old system is replaced. ComTest is a general system designed for measuring and testing. The latest ComTest system to be delivered will be able to measure, control and evaluate trial runs adapted for Volvo Penta's engines. It will also be possible to link up ComTest to Volvo Penta's own side system and its existing administrative functions for engine testing. The first ComTest system is set to be delivered at the end of the year. The order

Cell Network selling Cell Interactive TV

Cell Network selling Cell Interactive TV Cell Network's subsidiary, Cell Interactive TV, with its 20 staff, is being sold to London-based Sparkidea Consulting. This sale is one step in refining the core activity within Cell Network and creating profitability within all sections of the group. "This is the optimum solution for Cell Network and our customers. Cell ITV will have an active and focused owner who will give them a strong position in the new group, and the potential to further develop our joint ventures," says Pehr Andersson, head of the Media/Communication business segment at Cell.

Swedish Board of Civil Aviation signs general agreement with Cell Network

Swedish Board of Civil Aviation signs general agreement with Cell Network According to an agreement, Cell Network will supply advanced IT services to the Swedish Board of Civil Aviation, or LFV. This agreement is a continuation of several years' collaboration mostly relating to Arlanda Airport, and will now include the entire LFV organisation. The Swedish Board of Civil Aviation is a Cell Network customer of many years' standing, and one of the largest in Cell's Public Services sector. This new agreement runs for two years with an option for a further two and includes IT services for the

Cell Network boosts SAP's HR system for local authorities and county councils

Cell Network boosts SAP's HR system for local authorities and county councils In partnership with Cell Network, SAP Svenska AB is offering local authorities and county councils a complete HR module including payroll and personnel systems. The combined package supplied by SAP and Cell Network provides local government with a new generation of HR systems with high-tech, reliable implementation. The system is based on SAP's HR module and contains personnel and payroll systems. As the preferred partner, Cell Network has developed the payroll functionality based on the needs and requirements of

Computer system facilitates Estonia's visa processing

Computer system facilitates Estonia's visa processing Cell Network in Sweden and Estonia have developed a computer system, Visa Registry, for managing the routines associated with visas in Estonia, which gives access to all conceivable information regarding visas. The project has been highly successful and was implemented in collaboration between Cell Network and Swedfund, a venture capital company owned by the Swedish state. The Estonian visa registry is a web-based information system which means that the relevant authorities will have access to all information regarding visas. The

IT solution provides better home care

IT solution provides better home care Now private individuals can experience improved service when rapid turn- outs are required, whether it relates to downed power lines or emergency care in the home. Together, Cell Network and Ericsson Compitex are offering an IT solution which will radically increase the efficiency of various operations within the mobile service sector. Health, security, and energy companies are among those with much to gain. The solution consists of a number of different module-based components based on Ericsson Compitex's established Securicom platform and a CXE

Cell Telecom signs agreement with Ericsson

Cell Telecom signs agreement with Ericsson Ericsson has signed a agreement with Cell Telecom for consultancy services in R&D, research and development, and IS/IT. Cell Telecom is one of the R&D and IS/IT consultancies selected when Ericsson signs agreements on external consultancy services for the coming year. Cell Telecom will supply services including system management, system development, project management, integration and verification "The agreement shows that our complete offer in both R&D consulting and IS/IT consulting is highly beneficial to the customer. We offer Ericsson both

Cell Network's new share issue fully subscribed

Cell Network's new share issue fully subscribed The previously announced new share issue with preferential rights for shareholders in Cell Network AB (publ) has been completed. The new share issue was fully subscribed to, in total 90.522.952 shares. Cell Network has thus raised 272 MSEK before costs. Through the new issue the number of shares will increase from 90.522.952 to 181.045.904. "We are pleased that the new share issue has been carried through as planned. This creates the conditions needed for us to continue building a profitable and more focused Cell Network," says CEO Niklas

Positive outlook for Cell Network's new share issue

Positive outlook for Cell Network's new share issue "The outlook for Cell Network's new share issue is positive," says CEO Niklas Flyborg. "A substantial part of the issue has been subscribed to." "As planned, our advisors will provide the final report on the new share issue on Thursday June 21. It is unfortunate that the slow banking system does not allow for faster information on results of new share issues of this kind, where you subscribe through payment." For further information: Anders Lugn, Dir. Corporate Communications, Cell Network, phone +46 (0)70 6088780 Robert Karlsson, Dir.

City of Stockholm signs general agreement with Cell Network

City of Stockholm signs general agreement with Cell Network Cell Network Sweden has signed a two-year general agreement with the City of Stockholm. The assignment includes IT consultancy services for system development, operational development and the web. The general agreement covers the two years from 1 June this year, with the possibility of extension for up to two years. The City of Stockholm will purchase consultancy services worth a total of approx. SEK 90m from 63 selected general agreement suppliers over the duration of the agreement. The agreement gives Cell Network the opportunity

Cell Network develops portal for FMV

Cell Network develops portal for FMV The Swedish Defence Materiel Administration, FMV, has awarded Cell Network a contract to develop a new Intranet portal for the Administration's 2000-strong workforce. The contract involves project management, business development, programming, systems development, graphic design and IT security. The contract comes into effect from 1st June, and it is estimated that the project will employ a good number of staff from various parts of the Group until the end of the year. As well as this contract, there may also be the possibility of a support contract

New general agreement for Cell Network

New general agreement for Cell Network The Swedish National Maritime Administration (Sjöfartsverket) has signed a new general agreement with Cell Network Sweden. The agreement covers the provision of IT services ranging from strategic and management services to the development and administration of business-critical systems. The new agreement is valid for two years from 1 May this year, with an option for a further 1-2 years. Cell Network is one of five companies with whom the National Maritime Administration has signed agreements to a total value of SEK 20 million over the period. "During

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