SafePay to develop Internet stores for DORO

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SafePay to develop Internet stores for DORO OTC-listed DORO and SBI-listed SafePay have today, 30 March, signed an agreement that will initially mean that Swedish retailers will be offered a new sales channel using SafePay's free-of-charge Internet stores. Eventually, it is intended that DORO's 30,000 retailers throughout Europe and Australia will be included in the agreement. "The Internet has new and very large sales potential for DORO and our retailers. We see this agreement in Sweden as a first step. Our aim is to give our 30,000 retailers in Norway, Denmark, Finland, Switzerland, the UK, France, Poland and Australia the opportunity to open a SafePay store free of charge," comments Claes Bühler, DORO's CEO. The agreement means that DORO's Swedish retailers will be able to use the Internet as a sales channel without any start-up costs. SafePay makes its earnings through commissions charged on sales from its Internet stores. The scheme includes a simple and reliable payment system that SafePay has developed. For further information, please contact: Claes Bühler, DORO's CEO, tel: +46 46 280 50 61 Ingvar Karlsson, DORO's CFO, tel: +46 46 280 50 62 Mikael Ohlén; President SafePay , tel: +46 8 650 01 01 Or visit: www.doro.com www.safepay.nu DORO is active within the telecom industry and develops and markets cordless telephones, terminal products, telephone switchboards, ISDN products and wireless broadband. SafePay Sweden AB constructs infrastructure for e-commerce by providing free-of-charge stores for trading via the Internet. SafePay's main income stream is generated by the store tenant paying a commission fee equivalent to between 1.5% and 3% of sales generated from the Internet store. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/03/30/20000505BIT00690/bit0001.doc http://www.bit.se/bitonline/2000/03/30/20000505BIT00690/bit0002.pdf

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