Iquity Systems receives stocks for 2.3 million USD in Australia

IQUITY SYSTEMS RECEIVES STOCKS FOR 2.3 MILLION USD IN AUSTRALIA STOCKHOLM, SWEDEN Iquity Systems licensee in Australia Optecom Limited has announced its intention to list on the Australian Stock Exchange. The market capitalization is based on licenced products from Iquity Systems and will be approximately 44. 3 million USD, whereof Iquity Systems holds a 5.5 % stake. Optecom services will first be available on the fixed network, utilizing Iquity's IQ-platform. Thereafter Iquity's services will be present in infrastructures such as mobile telephony, WAP, the Internet and Interactive TV. Iquity Systems is a global software company within the CRM segment. Iquity develops and provides advanced systems for voice-,Internet-,video-content and -rating based on one system - the IQ Platform. The IQ Platform is a software system based on modules containing Rating, Settlement, Content logic, Service management, Subsriber management and Identification. Applications based on the IQ Platform presently includes OptPay for realtime based rating and settlement, NicetNet for rating and profiled content delivery on the Internet, View4U for web and multimedia integration for both digital and analogue TV. GratisTel for individually targeted information and commercials within fixed-and mobile telephony. Iquity Systems licensees includes, among others, 9550 Communications, British Telecom, McCann-Erickson, Siemens and Bouygues Telecom. For further information, please contact: Peter Landgren, C.E.O., telephone: +46 8 506 20 000, mobile: +46 70 875 39 39 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/03/29/20000329BIT00910/bit0001.doc http://www.bit.se/bitonline/2000/03/29/20000329BIT00910/bit0002.pdf