NeoNet Offers a Pan-European Stock Exchange Network

NeoNet Offers a Pan-European Stock Exchange Network NeoNet, a leading provider of real-time equity trading services for institutional investors and broker-dealers, today announced that it has connected to the Euronext Exchange platform, providing investors with consolidated direct trading access to approximately 80 percent of the total European stock market capitalization. With the addition of the Euronext Exchange, which is the merger between the stock exchanges of Paris, Amsterdam and Brussels to NeoNet's electronic exchange network, investors can now trade on all of the connected exchanges through a single entry point. Trading access to Paris on the Euronext platform will be possible from the start and trading access to the Amsterdam and Brussels stock exchanges is expected in the near future. "Through our exchange memberships and direct connections to the major European exchanges, NeoNet has obtained one of its main objectives-the creation of a single network for direct, electronic pan-European equity trading," said Torvald Bohlin, CEO, NeoNet. "The addition of Euronext marks a major milestone for NeoNet, having transformed in less than two years from a primarily Nordic-based product to a broad offering for U.S. and European clients." NeoNet's pan-European trading platform provides investors worldwide with increased sources of liquidity and access to cross-border trading functionality. In addition to Euronext, NeoNet also offers electronic trading access to the London, Frankfurt, Stockholm, Helsinki and Copenhagen stock exchanges. "NeoNet's success to date is largely impacted by the company's unrelenting goal of providing connection to 80 percent of the European equity capitalization by year end 2001," said Peter Gaffney, president of U.S. operations, NeoNet. "NeoNet has proven its technology as demonstrated by the success of its platform in the European markets, and looks forward to similar success in the U.S." NeoNet also plans to offer electronic trading access to Nasdaq in second quarter 2002 and after that trading on Milan and virt-x. During 2003, NeoNet plans to offer direct trading on NYSE. The company's overall objective is to offer electronic trading access to 80 percent of the world's stock market capitalization by 2003. For further information, please contact: Torvald Bohlin CEO of NeoNet Tel. + 46 8 454 15 39 torvald.bohlin@neonet.se NeoNet is a leading provider of real time equity execution services for institutional investors and broker-dealers. Through its electronic exchange network NeoNet provides its clients with efficient, secure and anonymous access to currently 80 % of the equity market capitalization in Europe with Euronext included. NeoNet focuses on providing single access to multiple stock markets worldwide. Currently NeoNet has clients in eleven countries including the U.S. NeoNet has over 65 employees with offices in Stockholm and New York and is listed on Stockholmsbörsen. 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 Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/10/15/20011012BIT00620/bit0001.doc http://www.waymaker.net/bitonline/2001/10/15/20011012BIT00620/bit0001.pdf