Framfab joins Bredbandsbolaget€s (B2) bid for the for Swedish UMTS-license

Framfab joins Bredbandsbolaget's (B2) bid for the for Swedish UMTS-license Framfab has agreed with Bredbandsbolaget to take a 15% stake in its consortium that will apply for one of the four Swedish UMTS licenses to be awarded in late November 2000. Bredbandsbolaget is currently discussing with a range of other international and Swedish strategic partners on their participation in the consortium. The combination of Framfab, Bredbandsbolaget and other strategic partners that we are discussing with, will provide an excellent foundation from which to realize the vision of offering seamless broadband services to the mass market. "Personally, I believe it to be a major step forward if we could be the first player in the world to offer mobile phone calls at a low flat rate. We have already demonstrated the ability to drive competition on the Swedish market for broadband services to the benefit of end-users. Through the establishment of this venture, we will not only bring real competition to the market for mobile services, but also, through strong innovation and advanced services, reinforce Sweden's leadership in terms of development of Internet and wireless services", says Jonas Birgersson, Framfabs CEO. UMTS (Universal Mobile Telephony System) is a new standard for broadband services and wireless communications, building on and radically extending the current GSM capabilities. While GSM was originally designed for voice services, UMTS has from the outset been specified with the mobile Internet and multimedia services in mind. For more information please contact: Ola Kallemur, Press Relations Manager Framfab, +46 709 41 21 11, ola.kallemur@framfab.se. Paul Moonga, Director Business Development Framfab, +46 709 41 21 73, paul.moonga@framfab.se Eddy Gryvelius, CEO Bredband Mobil AB, +46 733 81 99 42, eddy.gryvelius@bredband.com Framfab's business concept is to create new business for the network economy through strategic advice and digital services. Framfab today has 2,050 employees in 53 offices in Denmark, France, Italy, the Netherlands, Norway, Great Britain, Sweden, Germany and USA. Our clients include 3M, AstraZeneca, AXA, Bosch, Electrolux, Ericsson, Expressen, France Telecom, IKEA, International Red Cross, le Groupe Pernod Ricard, Nike Europe, SAAB Group, Tele Danmark, Vattenfall, Volvo Car Corporation and Volvo Group. Framfab is listed on the Stockholm OM Stock Exchange "O" list. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/07/13/20000713BIT00520/bit0001.doc http://www.bit.se/bitonline/2000/07/13/20000713BIT00520/bit0002.pdf