Investor AB invests in Songbird Hearing Inc

Investor AB invests in Songbird Hearing Inc. Investor AB, via its wholly owned subsidiary Investor Growth Capital, is the lead investor in the fourth round of equity financing for Songbird Hearing Inc. Additional investors are H&Q Capital Management, Texas Instrument Inc. and old investors. The total financing is $45 million. Songbird's disposable hearing aid is targeted to the approximately 60 million hearing impaired persons in North America, Europe and Japan who have not yet purchased a hearing aid yet would benefit from doing so. The Songbird Disposable Hearing Aid offers the mild-to-moderate hearing- impaired individual a solution with high-end performance that is convenient to purchase and easy to use, all at a cost of less than a dollar a day. Read more about Songbird Hearing Inc. on their home page: www.SongbirdHearing.com For further information: Stephen Campe, Managing Director, Investor Growth Capital Tel: +1 212 515 9000 stephen.campe@investorab.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/01/11/20010111BIT00290/bit0001.doc http://www.bit.se/bitonline/2001/01/11/20010111BIT00290/bit0002.pdf