Dimension acquires specialist in directory services

Dimension acquires specialist in directory services Dimension is acquiring NetAssist International AB, a consulting firm specialized in directory services. The acquisition strengthens Dimension's service offering while at the same time complementing its client and competence base. NetAssist had a turnover of approximately SEK 80 million in 2000, with 40 employees. The purchase price is approximately SEK 14 million. Within the area of networking and data communications, NetAssist's focus is directory services - the service in a network that organizes, lists and administers available resources. One example is employee access to various types of data. NetAssist primarily works with Novell NDS and Microsoft ActiveDirectory (AD), the market's two leading directory services. NetAssist has a strong position among public sector clients, working with a number of Swedish municipalities and government agencies. The company was founded in 1996 and was wholly owned by its founders, Jim Carlsson, Peter Laurén and Tom Lill, who via their company are now selling the business to Dimension. The three founders, as well as Managing Director Thomas Kilander, will remain with the business and lead Dimension's efforts in directory services. "NetAssist is active in a very interesting area with growing demand," says Sven Uthorn, Managing Director of Dimension. "As more companies try to raise efficiency in their IT environments to save money, directory services become a key factor. NetAssist's focus on directory services is also well-suited to Dimension' efforts in IT security. The acquisition gives Dimension access to competence in an important area, where we previously had fairly limited operations. In the process, we further strengthen our offering in the area of infrastructure." NetAssist will be consolidated in the Dimension Group as of December 1, 2001. The goodwill that arises through the acquisition is estimated at SEK 12 million. The aqcuisition will have a positive effect on Dimension's results from the aqcuisition date. For further information, please contact: Sven Uthorn, Managing Director, Dimension AB, +46 8 5058 3000, +46 8 5058 3003, sven.uthorn@dimension.se Thomas Kilander, Managing Director, NetAssist International AB, +46 708 65 30 16, thomas.kilander@netassist.se About Dimension Dimension is an IT integrator that designs and implements infrastructure to handle business-critical information. Examples include advanced server and data storage solutions for e-commerce and Internet banking systems, Internet/intranets and business systems. Clients are primarily in telecommunications, banking & finance, media and manufacturing industry. The wholly owned Group subsidiary Next Nordic works with the sale of Sun systems and related products to resellers. In 2000 Dimension's sales amounted to SEK 1,475 million, with a profit after financial items of SEK 138 million. The Group has 295 employees in Sweden, Norway, Denmark, Finland, Latvia and Lithuania. The head office is located in Bromma, Stockholm. The Dimension share is listed on the Stockholm Exchange's O-list. Financial information schedule The year-end report for 2001 will be released on February 19, 2002. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/12/07/20011207BIT00020/bit0002.doc http://www.waymaker.net/bitonline/2001/12/07/20011207BIT00020/bit0002.pdf