Framfab expands in Norway and acquires makeIT
Framfab expands in Norway and acquires makeIT Stockholm February 15, 2000 makeIT has grown quickly since the company was established in August 1999. The company, which is based in Halden, currently has 25 employees. makeIT is a full service provider of Internet services and combines an experienced management team with system architects, programmers, designers and management consultants with competence in the Internet sector. The consideration is paid in newly issued Framfab shares. "makeIT is the most competent Internet professional services company in Norway. Their competence will be a valuable contribution to Framfab's operations in Norway and the Nordic region", says Jonas Birgersson, CEO Framfab. "To us Framfab is the ideal partner with a service offer and corporate culture that fit perfectly with makeIT's philosophy. Framfab is a partner which will provide us with further opportunities for expansion. Together we will be a strong strategic partner to the leading Norwegian companies", says Per Olav Andersen, CEO makeIT. For more information please contact: Jonas Birgersson, CEO Framfab, +46 8 545 258 00, jonas.birgersson@framfab.se Sofia Ericsson, VP Mergers & Acquisitions Framfab, +46 8 545 258 00, sofia.ericsson@framfab.se Ola Kallemur, Press Relations Manager Framfab, +46 8 545 258 06, +46 709 41 21 11, ola.kallemur@framfab.se, www.framfab.se Per Olav Andersen, CEO makeIT, +47 69 21 14 10, +47 91 88 60 82, per- olav.andersen@makeit.no, www.makeit.no Framfab's business concept is to create new business for the network economy through digital and interactive services. Framfab today has approximately 1 700 employees, divided among 40 offices in Borås, Cologne, Copenhagen, Gothenburg, Halden, Linköping, London, Lund, Malmö, Oslo, Palo Alto, Paris, Rome (from February 2000), Skövde, Stockholm, Sundsvall, Uppsala and Västerås. Among our clients are 3M, AstraZeneca, AXA, Electrolux, Ericsson, France Telecom, IKEA, International Red Cross, SAAB Group, Tele Danmark, Vattenfall, Volvo Car Corporation and Volvo Group. Framfab is listed on the Stockholm Stock Exchange "O" list (ticker FTID). ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/02/15/20000215BIT00170/bit0001.doc http://www.bit.se/bitonline/2000/02/15/20000215BIT00170/bit0002.pdf