NeoNet receives membership of Euronext Paris

NeoNet receives membership of Euronext Paris STOCKHOLM, Sweden, Jan 18, 2001 -- NeoNet AB, a leading provider of real time equity trading services for institutional investors and broker- dealers, today announced that it has received remote membership of Euronext Paris (formerly Paris Bourse before its merger with Amsterdam and Brussels exchanges). Access to Euronext Paris is one of the milestones in NeoNet's strategy of creating a transparent real-time access through its trading system to the world's leading stock exchanges. "Membership at Euronext Paris represents yet another important step in reaching NeoNet's objective of covering 80 percent of the European market capitalization in 2001," said Torvald Bohlin, CEO of NeoNet AB. "Together with our existing memberships at the stock exchanges of, among others, London, Frankfurt, Stockholm and Helsinki, this will create a competitive Pan-European offering for our American and European clients." "We are pleased to welcome NeoNet as a member of Euronext Paris and, very soon to all of Euronext the first pan European exchange" said Roland Bellegarde, Executive Director Cash Market of Euronext Paris. "Thanks to this membership, NeoNet, as a high technology driven company, will give direct electronic access to Euronext Paris and later the entire Euronext for its international client-base of institutional investors and broker- dealers." NeoNet plans to offer its clients trading on Euronext Paris at the end of the first quarter this year, followed by full-scale transparent electronic access latest third quarter this year. Euronext Paris represents approximately 16 percent of Europe's market capitalization. Thus, NeoNet will cover approximately 70 percent of the equity market capitalization in Europe. In September 2000, Paris Bourse, merged with the stock exchanges of Amsterdam and Brussels to create Euronext. NeoNet plans to offer all its clients trading access to these markets through the Paris connection in the third quarter of 2001. When this materializes, approximately 80 percent of the European market capitalization can be offered to NeoNet's clients. NeoNet has over 120 clients, institutional investors and broker-dealers, in 11 countries including the U.S. and U.K. Through its Electronic Execution Network, NeoNet focuses on providing single access to multiple securities markets worldwide. NeoNet has 63 employees and offices in Stockholm and New York. For further information, please contact: US contact Torvald Bohlin, CEO of Sharon Salamon, NeoNet NeoNet AB (publ) Securities, Inc. New York Tel. + 46 8 454 15 39 +1 212.980.7600 torvald.bohlin@neonet.se 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/2001/01/18/20010118BIT00700/bit0001.doc http://www.bit.se/bitonline/2001/01/18/20010118BIT00700/bit0002.pdf