NeoNet Applies for Membership of Paris Bourse

NeoNet Applies for Membership of Paris Bourse STOCKHOLM, Sweden, Nov. 20 -- NeoNet AB, a leading provider of real time equity trading services for institutional investors and broker-dealers, announced that it has applied for membership as a remote member of Paris Bourse. Access to the Paris Stock Exchange is one of the milestones of NeoNet's strategy of creating a direct electronic access through its trading system to the world's leading stock exchanges. "Connecting to the Paris Stock Exchange and by that to Euronext is an important step in reaching NeoNet's objective of covering 80 percent of the European market capitalization during 2001", said Torvald Bohlin, CEO of NeoNet AB. "Together with our expected membership at the London Stock Exchange and the already existing connection to the Frankfurt Stock Exchange, these will be the cornerstones in creating a Pan-European trading platform for our European and, not the least, our American clients." Paris Bourse represents approximately 16 percent of Europe's market capitalization. NeoNet expects to offer its clients trading on the Paris Stock Exchange in the first quarter of 2001 and full-scale direct electronic access in the third quarter of 2001. Paris, together with the stock exchanges of Amsterdam and Brussels, will create Euronext, a common exchange. It has been announced that Euronext will use Paris Stock Exchange's trading platform. NeoNet plans to offer all its clients trading access to these markets through the Paris connection in the second half of 2001. Euronext represents approximately 26 percent of Europe's market capitalization. NeoNet's trading system and network is currently connected to the stock exchanges in Stockholm, Helsinki, Copenhagen and Frankfurt. NeoNet has over 120 clients, institutional investors and broker-dealers, in 10 countries including the U.S. Through its Electronic Execution Network, NeoNet provides its clients with efficient, secure and anonymous access to currently 25% of the equity market capitalization in Europe. NeoNet focuses on providing single access to multiple securities markets worldwide. NeoNet has 60 employees and offices in Stockholm and New York. # # # For further information, please contact: Torvald Bohlin, CEO of NeoNet AB (publ) Tel. + 46 8 454 15 39 torvald.bohlin@neonet.se U.S. Contact: Sharon Salamon, NeoNet Securities, Inc. 212.980.7600 sharon.salamon@nnsec.com NeoNet AB (publ), P.O. Box 7545, SE-103 93 Stockholm, Sweden Tel: +46 8 454 15 00, Fax: +46 8 10 40 84 www.neonetsecurities.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/11/20/20001120BIT00640/bit0001.doc http://www.bit.se/bitonline/2000/11/20/20001120BIT00640/bit0002.pdf