Effnet enters new retail contract

EFFNET ENTERS NEW RETAIL CONTRACT Effnet has signed a new retail contract with the systems integrator Mindmill comSolution. The contract gives Effnet access to a partly new customer group and greater geographical coverage of the Swedish market. Effnet will now be able to offer security solutions to Mindmill's customers, who consist mainly of municipalities and county councils. Negotiations are also taking place with property owners and Internet service providers. "For us, the contract means that we will obtain better geographical coverage of the market. Mindmill is established in broadband installation and supplies complete communication solutions for speech, data & images which will strengthen our investment in E-commerce and broadband," says Karin Bjurel, Director of Sales and Marketing for Effnet AB. Mindmill comSolution is based in Gothenburg and several of its largest customers are located in the west of Sweden. "Performance-wise, Effnet's security solutions are the best and most effective available today. Besides, we think it's fun to work with a Swedish company in an industry which is largely dominated by American players," says Mindmill's MD, Leif Lästh. About Effnet Effnet's business concept is to develop, market, sell and distribute network products and network technologies designed to resolve bottlenecks in Internet communication, thereby creating maximum benefit for customers. Effnet markets its products in three ways: as own-brand products, via OEM agreements and by licensing technology to other players in the network industry. During 1999, Effnet changed from being purely a development company into a commercial player in the network market. The company is now entering a phase in which marketing and sales are the main focus. Effnet's long-term goal is to be one of the world's leading players in resolving future bottlenecks in Internet communication. Today, Effnet has a presence in four locations: Stockholm, Luleå, Boston and Mountain View, California. Effnet Group AB is listed on the "Nya Marknaden" (New Market). The company has 76 employees. Read more about Effnet at www.effnet.com. About Mindmill Mindmill comSolution offers complete solutions for effective communication. These include, amongst other things, installation of structured cabling systems, LAN/WAN, the provision of night services and wireless communication. Mindmill's skills range from total responsibility to planning, financing, service and documentation and their customers are in the state, municipality and SME market segments. For more information, please contact: Effnet AB Karin Bjurel Director of Sales and Marketing EMEA +46-708-99 86 06 Mindmill comSolution Tommy Olsson Sales Manager +46-704-50 05 70 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/30/20000530BIT00290/bit0001.doc http://www.bit.se/bitonline/2000/05/30/20000530BIT00290/bit0002.pdf