HiQ receives new SEK 16 million order

HiQ receives new SEK 16 million order for training simulators for the JAS 39 Gripen from the Swedish Defence Material Administration With last week's SEK 114 million order (23 March 2000), HiQ has now received orders worth a total of SEK 130 million from the Swedish Defence Material Administration. The new SEK 16 million order is for the enhancement of advanced simulators for training ground staff in JAS 39 Gripen maintenance. Simulators are used to train staff in a cost-effective way on how to maintain the aircraft. Different stages, such as how to start the engines, can easily be taught using a computer system rather than the aircraft. These systems save the Swedish National Defence both time and money. "The assignment is a sure sign of our high quality as a consultancy services and advanced defence solutions supplier. It also demonstrates appreciation of the work we have done over the years and secures our position as a world leader within the field," says Lars Stugemo, CEO HiQ International. For additional information, please contact: Lars Stugemo, CEO HiQ International, Tel: +46 8 588 90 000 HiQ is an IT and management consultancy company focusing on high-tech telecoms, mobility and Internet solutions. Formed in 1992, the company is now a leader in these fields and the Nordic region is its domestic market. The Group's turnover in 1999 was SEK 223 million and the company employs more than 300 people in Sweden, Norway and Denmark. HiQ is listed on OM Stockholm Stock Exchange's O list. For more information, please visit our web site at www.hiq.se ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/03/31/20000330BIT01130/bit0001.doc http://www.bit.se/bitonline/2000/03/31/20000330BIT01130/bit0002.pdf