Interim Report January 1 - March 31 2000
Interim Report January 1 - March 31 2000 * Net sales rose, from SEK 4,352 thousand to SEK 9,027 thousand, representing a 107% year-on-year increase. * Efforts to fortify our brand and broadband portal continued. * The Company completed its application to move to the OM Stockholm Exchange's O list. * The official name was changed from Advanced Technology i Ängelholm AB to Thalamus Networks. Net sales jumped 107% to SEK 9,027 thousand (SEK 4,325 thousand in 19991 Q1). The operating loss increased, to SEK -5,282 thousand (-1,672), while the loss after financial items was SEK -4,999 thousand (loss of -1,562). Marked conditions for the Group's main business developed favorably. Business for the Internet focusing on the property sector achieved the best results. The cost of the name change, stock exchange listing, and substantial marketing efforts were approximately SEK 4 million in the first quarter of 2000. - Increased billing is a sign that our publicity campaigns have had good effect. Thalamus is now an important player, both for customers, investors and in media, says Jan Tidelius, VD för Thalamus Networks. - Facts: * Thalamus Networks AB (www.thalamus.se) is an independent player in the rapidly growing field of broadband. The company offers the market's most extensive broadband service called Thalamus®. It includes Internet access that meets the requirements of the regular surfer as well as the most advanced remote access worker. At the same time Thalamus Networks is the only company that can meet the landlords' needs for energy management, information, media and telephony. Thalamus® is delivered over optical fibre, cable-TV and Ethernet (LAN), and in a near future also over wireless solutions. Thalamus Networks AB are currently in a strong phase of expansion, and has today offices in Ängelholm, Malmö, Halmstad, Göteborg and Stockholm. The company has provided services to Sweden's landlords since the start in 1987. * Thalamus Networks AB's net sales are approximately SEK 40 million and the company employs 35 persons. For further information, please contact: Jan Tidelius, Managing Director Thalamus Networks, Tel +46 8-691 09 09, Mobile +46 705-525626, e-mail jan.tidelius@thalamus.se Thomas Rebermark, Marketing Director Thalamus Networks, Tel +46 8-691 09 07, Mobil +46 703-240193, e-mail thomas.rebermark@thalamus.se ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/04/17/20000417BIT00900/bit0001.doc http://www.bit.se/bitonline/2000/04/17/20000417BIT00900/bit0002.pdf http://www.bit.se/bitonline/2000/04/17/20000417BIT00900/bit0003.pdf The full report