Mint launches unique payment service for mobile telephones

Mint launches unique payment service for mobile telephones Ledstiernan's portfolio company Mint will introduce a new service for mobile telephone users at a press conference on January 15, 2001. The new service will enable users to pay for merchandise purchased in stores affiliated to Mint via a standard mobile telephone. The payment service will be in use in Stockholm stores as of the launch date, January 15, 2001. The investment in Mint is in line with Ledstiernan's investment strategy: start-ups with a focus on mobile communication. With its equity interest of 27.5 per cent (49 per cent after dilution and full exercise of all options), Ledstiernan is Mint's main source of finance. The press conference on January 15 will include a demonstration and run- through of the service, as well as a more detailed presentation of the company. Mint's three founders, along with the company's chairman, Jacob Palmstierna, and Ledstiernan's President, Johan Wachtmeister, will all be present at this press meeting. If you wish to attend the press conference, please contact Caroline Koskull, of GCI Rinfo, for further information: email: caroline.koskull@gcirinfo.com, fax: +46 8 402 27 10, telephone: +46 8 402 27 29. For further information on Mint, please contact: Johan Wachtmeister, President, Ledstiernan, telephone: +46 8 545 035 00, or Patrik Mossberg, President, Mint, telephone: +46 8 545 691 00, mobile: +46 733 25 40 22. Ledstiernan is building a leading seed and venture capital company with a special focus on wireless communication and mobile Internet. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/01/08/20010108BIT00310/bit0001.doc http://www.bit.se/bitonline/2001/01/08/20010108BIT00310/bit0002.pdf