Effnet Opens Northern California Office

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Effnet Opens Northern California Office Will Support Sales to Silicon Valley Networking Manufacturers Effnet, a Swedish developer of high performance core networking technology, announced today the opening of a new office in Mountain View, California. The new office will house sales and technical support staff dedicated to servicing Effnet's networking customers. Effnet's technology drastically improves the efficiency of IP packet operations such as routing table lookups and packet filtering and forwarding. The company is working with networking equipment and communications chip vendors to help reduce costs, improve efficiency, increase data throughput, and solve bottlenecks inherent in common functions such as routing and firewall filtering. The new office will be headed by Effnet Inc. President Michael Säw, and will include technical personnel who have recently relocated from Sweden. "With the addition of this office we now have a presence in the major centers for communications technology on both the East and West coasts," said Mr Säw. "This continues to increase our commitment to the US market. My objective will be to duplicate the success we have achieved in Europe, by introducing products and programs that are geared to meet the needs of today's IP-based network applications." Contact: Michael Säw Tomas Althén Effnet Inc. CEO Effnet Group AB +46 709 37 95 08 +46 708 15 16 15 michael.saw@effnet.com tomas@effnet.com About Effnet Effnet offers networking products and technology that provide optimal efficiency, security and flexibility. By using highly efficient algorithm and data structures, Effnet breaks conventional performance barriers for routing table lookups and filtering operations, delivering low cost, high performance networking and telecommunications components and solutions. Effnet has 50 employees and is expanding rapidly. Research and development are currently based in Luleå, Sweden. In 1998, the company opened sales and marketing offices in Boston, Massachusetts and an additional office in Stockholm. The company's technology has been field tested and proven via a line of router and firewall products initially marketed exclusively in Sweden. Effnet is now bringing product to market worldwide via its own line, the FTC Series, and through products and programs geared toward OEM customers. Effnet Group AB is listed on the Stockholm Stock Exchange New Market (EFFN). ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/01/14/20000114BIT00270/bit0001.doc http://www.bit.se/bitonline/2000/01/14/20000114BIT00270/bit0002.pdf