Mandator in additional "Kazoo-acquisition"

Mandator in additional "Kazoo-acquisition" As a consequence of Mandator´s concentration in Internet- and E-Business- services, has Mandator acquired 20 % of the shares in the E-Business company Netset. Netset will be included in Mandators new VenCap-operations, which aim, are to start up and create partnership around new business ideas and concepts solutions. Netset, who was started in 1998, have during two years developed a concept solution, "Netset Webshop", for system solutions related to E-Business. During 1999 has focus been to deliver solutions to a broad customer base. Customers, who already actively use this E-Business concept, are both smaller companies as well as large international organizations. Among the customers are www.myboox.com, Weibulls, HSB, DRIVA and Swedish Library Services. Netset also delivers advanced Internet-technicality to IKEA, Unilever, Electrolux, and Svenska Bostäder among others. Netset future aim is to work as a pure software-supplier in the E-Business industry both in terms of concept solutions and from a technical point of view. - "To be able to take our next step, we needed a strong partner who had the pieces we today are missing, says Jens Rosberg, President of Netset and continue: "We have carefully considered which parameters who, from a long-term point o view, was the most important to pay attention to. As a consequence of this was the choice of Mandator, as an industrial oriented business-partner and joint owner, a easy and natural step in our further development". - "When it comes to new business-solutions, the whole world stands in front of a paradigm change. The combination of the knowledge of the new business logic, with Internet as the information channel, and deep knowledge of system integration, will be crucial for success. By integration the technically independent and scalable "E-Business-engine" that Netset has developed, with our offer of IT-services, we will increase our ability to be able to, quickly and flexibly, deliver system solutions that develops our customers business- processes", says Christina Norrbring, Division manager of Mandator South and continues: "The Netset concept-solution for E-Business fits in very well in Mandators vision of E-Business. Together we know will be able to offer our customers very strong IT-solutions, that will help them in the struggle for market shares in the New World of Internet Economy". Mandator AB For further information, please contact: Jens Rosberg, President of Netset, Tel 040-795 45, mobile 0708-64 12 95 Christina Norrbring, Division manager Mandator South, Tel 042-19 82 65, mobile 070-540 39 21, or Niklas Flyborg, President of Mandator, Tel 08-402 31 00, mobile 070-594 96 78 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/10/27/19991027BIT00560/bit0001.doc http://www.bit.se/bitonline/1999/10/27/19991027BIT00560/bit0002.pdf