Leading Nordic Venture Capitalists Invest in Interpeak AB

Leading Nordic Venture Capitalists Invest in Interpeak AB The two major Nordic venture capitalists and holding companies SEB Företagsinvest and Industrivärden jointly invest SEK 30 M in Interpeak AB, a leading provider of network security solutions for embedded systems. The capital contribution is made in two consecutive issues, and enables the company to further expand aggressively on an international basis. Interpeak provides advanced software that enables embedded systems to use the Internet for secure communication. The company was founded in year 2000 by four entrepreneurs with outstanding skills in designing embedded systems and network security. To date, the company has developed 20 unique products, such as IPv6, IPSec, IKE, SSH and Firewall. All Interpeak products are specifically designed for embedded systems, focusing on high performance and small footprint. Interpeak has currently several customers in the datacom and telecom markets, and a number of strategic partners such as OSE Systems, WindRiver Systems, Green Hills, Mentor Graphics and AI Corporation of Japan. Interpeak products are designed for embedded systems, which can be found in most modern industrial and consumer products such as cars, mobile phones, home appliances, manufacturing machinery etc. During the last years, the number of embedded systems that use the Internet on-line have increased rapidly. The need for efficient security solutions is therefore tremendously high. "As a result of this issue, SEB Företagsinvest will join forces with AB Industrivärden, which has been our owner since year 2000," said Johan Fornaeus, CEO of Interpeak AB. "Through the investment we get an even more powerful ownership structure, which will be very helpful in our international expansion. The investment will enable us to fulfill our mission-to provide state-of-the-art security solutions that allow embedded systems to realize the full potential of the Internet." Images A number of images that may be used to illustrate this press release can be downloaded from www.interpeak.se/press/index.html. For further information, please contact: Johan Fornaeus, CEO, Interpeak AB Tel: 08-545 275 80, e-mail: jofo@interpeak.se Frederick Johansson, Senior Investment Manager, SEB Företagsinvest Tel: 08-763 79 03, e-mail: frederick.johansson@seb.se Claes-Göran Pettersson, Head of Accounting and Control, AB Industrivärden Tel: 08-666 64 00, e-mail: claes-goran.pettersson@industrivarden.se Additional information may be found at the following homepages: SEB Företagsinvest www.foretagsinvest.seb.se AB Industrivärden www.industrivarden.se Interpeak AB www.interpeak.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/07/01/20020701BIT00760/wkr0001.doc http://www.waymaker.net/bitonline/2002/07/01/20020701BIT00760/wkr0002.pdf