CellPoint Trading Starts on the Stockholm O-List Today
CellPoint Trading Starts on the Stockholm O-List Today Stockholm, March 15 -- CellPoint Inc. (Nasdaq: CLPT) will commence trading today on the OM Stockholm Exchange O-List. Trading will be in Swedish Depository Receipts (SDR's) and the stock symbol will be CLPT. CellPoint continues its primary listing on the Nasdaq National Market in New York under the same symbol. "We are pleased to see the interest from European stockholders wishing to exchange their shares into SDR's," says Peter Henricsson, Chairman and CEO of CellPoint Inc. "As many requests have come in very recently, many stockholders have not yet received their SDR's?we expect trading volumes will grow considerably as more exchanges are completed." CellPoint will bear the exchange costs up to and including March 31, 2001 for stockholders who wish to exchange their shares into SDR's. For further instructions, please contact the Administration Department at MPK at telephone number +46 (0)8 407 3550. CellPoint Inc. (Nasdaq: CLPT; www.cellpoint.com) is a US company with subsidiary operations in Sweden, Great Britain and South Africa delivering location and wireless telemetry services in cooperation with cellular operators worldwide. CellPoint's end-to-end cellular location technology offers a high-capacity solution for multi-vendor, unmodified GSM networks and uses standard GSM or WAP phones and standard Internet services. Several commercial applications are available for business and personal location services including Resource Manager for mobile resource management, iMate for location-sensitive information and Finder, an application for locating friends and family. Subsidiary Unwire's programmable telemetry terminal servers are also integrated with the CellPoint System Platform enabling a broad range of applications for M-commerce and wireless remote management and control. For information, please contact: CellPoint Inc. (Stockholm): Lars Wadell, CFO, tel. +46 (0)707-55 98 60 Jakob Sintring, Communications Manager Sweden, tel +46 (0)8 633 2700 CellPoint Inc. (London): Lynn Duplessis, tel +44 (0)1344 624 565 E-mail: info@cellpoint.com Web site: www.cellpoint.com CellPointtm, Finder, Resource Manager, iMate and CellPoint Systemstm are trademarks of CellPoint Inc. Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Actual results may differ materially from those projected in any forward-looking statement. Investors are cautioned that such forward-looking statements involve risk and uncertainties which may cause actual results to differ from those described. Copyright © CellPoint Inc. 2001 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/03/15/20010315BIT00240/bit0001.doc http://www.bit.se/bitonline/2001/03/15/20010315BIT00240/bit0001.pdf