Kreatel receives another large broadband order

Kreatel receives another large broadband order LINKÖPING, SWEDEN, September 10. 2001 - Kreatel Communications AB has received a large order of the Tornado broadband terminal system. Purchaser is the Norwegian broadband operator Agder Energi A/S, located in Kristiansand, Norway. The initial order value is around 20 million SEK (2 million USD) and with a potential rollout of 60 000-70 000 households only in Norway the business is anticipated to grow way beyond that. 500 terminals have already been delivered. - Agder Energi makes an impressing venture and we see a large potential in this order. We believe the utilities will become strong actors in the field of broadband services and expect companies similar to Agder Energi all over Europe to make corresponding launches. This makes Agder Energi an important reference to us. With this, Kreatel has received the vast majority of the orders of IP-based broadband terminals realized so far, says Lars Bengtsson, Managing Director at Kreatel. Since June, the Tornado solution is implemented commercially in a large scale by the Italian operator FastWeb, part of the e.Biscom sphere. A delegate from Agder Energi was able to visit Milan for a live study. - The Kreatel Tornado system has after careful investigations turned out to be the best solution for IP-based broadband services. We are impressed by Kreatel's competence in this filed. They have deep technical skills as well as a broad knowledge about the market development and the business models in general, says Jan Pedersen, Executive Director at Agder. About the Tornado system The Tornado system is the market´s first IP-based system for multimedia services in broadband networks. The terminal, Tornado/K5, is connected to the TV set and gives subscribers access to services such as Interactive TV, Video on Demand and Internet via a simple and intuitive interface. The software-driven terminals are part of a systems solution and can easily be updated with new services as they develop. Kreatel has delivered the Tornado system to operators in Sweden, Italy Germany and now Norway. About Kreatel Kreatel Communications AB, founded in 1996, develops and markets flexible service terminal systems that enable operators and service providers to offer services in the telecom and broadband networks. The product portfolio includes a broad range of products with high software content that enable value-added services on fixed telephone networks and the new broadband networks. Kreatel has its headquarter in Linköping, Sweden. For more information, please visit www.kreatel.com About Agder Energi Agder Energi is one of the three largest utilities in Norway with production, distribution and sales of mainly hydroelectric power. As of today, Agder Energi produces and sells over 9TWh water power within Norway and abroad, and147 000 subscribers are connected to the Agder Energi electrical network. District heating, biofuel and wind power are other important businesses as well as the new areas around consumer contact via fiber communication. For additional information regarding this press release, please contact: Agder Energi A/S Kreatel Communications AB Owen Holmström, Sales Director Jan Pedersen, ED Owen.holmstrom@kreatel.com jan.pedersen@kev.no +46-13-367609, +46-733-517609 +47-90 60 29 16 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/09/10/20010910BIT00110/bit0002.doc http://www.waymaker.net/bitonline/2001/09/10/20010910BIT00110/bit0002.pdf