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JM and Alleato join forces in #Smart Living# # set sights on the global market

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JM and Alleato join forces in "Smart Living" - set sights on the global market JM is taking another step towards modern living through the launch of the "Smart Living" development project in collaboration with Alleato AB, a company owned jointly by Ericsson and Skandia. The plan is for JM and Alleato, on a joint venture basis, to offer comprehensive smart living solutions for construction and real estate companies in the Swedish and international market. The ambition is to be a world-leader in this segment within a few years. The company will be a full-service supplier that uses a technology based on standardized and open smart living platforms to create flexible and developable solutions for the customers: One customer, one agreement. By integrating cutting-edge technology with attractive architecture and advanced environmental performance, and by basing our ideas on how people want to live, we can create more convenient, comfortable and safe homes for our customers. The combination of JM's experience in housing and office solutions and Alleato's know-how in security, health, safety and technology creates a collaboration in which we can satisfy the needs and preferences of housing customers to an even greater extent. "The main objective of the development project is to package the services we know the customers appreciate. We will build on JM's earlier experience of smart homes and apartments on Värmdö and Kungsholmen in Stockholm and new development projects in areas such as senior housing. Examples of possible services include climate control, security functions, automated home systems and communication. The guiding principles for the project are ease of use and genuine customer benefit, not least for families with children and the growing number of senior citizens in Sweden and abroad", says JM's President and CEO Carl Eric Stålberg in a comment on the new venture. "With a focus on customer benefit and user-friendly technology, we can enhance the level of comfort and security in the homes we produce. Today many people associate smart living with complicated high-tech solutions, which can be a bit intimidating. But it's really just about creating homes where people can relax and enjoy themselves, and providing the features our customers need and desire. We will find the driving force and the real customer benefit in the borderland between the digital and analogue worlds", says Jonas Hurtigh, Project Leader for JM's Smart Homes concept. For additional information about JM, contact Jonas Hurtigh, Project Leader, Smart Homes Jonas.hurtigh@jm.se Mobile: +46-705-82 85 75, tel: +46-8-782 85 75. For additional information about Alleato, contact Bo Nielsen, President of Alleato Bo.nielsen@inn.ericsson.se Mobile: +46-705-19 02 15 www.alleato.se Stockholm, 16 March 2001 JM AB Group Staff Communications This and earlier press releases are also available at www.jm.se Alleato AB is owned equally by Ericsson and Skandia, with Huddinge University Hospital as a minority shareholder. Alleato uses cutting edge technology to offer the global market services related to security, safety, and health, among other things so that people can live at home longer under safe and secure conditions. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/08/18/20030818BIT01290/wkr0001.doc http://www.waymaker.net/bitonline/2003/08/18/20030818BIT01290/wkr0002.pdf

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