Technology Nexus AB (publ) increases forecasts after establishing a foothold in Europe.

Technology Nexus AB (publ) increases forecasts after establishing a foothold in Europe. Nexus is currently one of three leading suppliers in the Nordic market in the field of secure IT solutions. As a result of the acquisition of Netsys AB and the broad international client base gained through this, Nexus expects to achieve the same position in the European market within a three-year period. We are continuing to experience good growth in demand and are increasing our forecasted turnover for the current year from the previously stated SEK 330-350 million to SEK 360-380 million. Nexus is also showing continued good growth in profits both nominally and relatively. For more information, please contact: Mikael Jacobsson, MD, Technology Nexus AB, mobile: +46 (0)706 475810. E- mail mikael.jacobsson@nexus.se Facts about Technology Nexus AB Technology Nexus AB (publ) is listed on the Stockholm Stock Exchange O list and specialises in developing and supplying secure IT solutions which increase customer profitability. Nexus works with end customers and as a development partner for customers with high level quality requirements. Nexus aims to be a leading partner for secure solutions in the digital economy. Nexus employs approx. 270 people and has offices in Stockholm, Göteborg, Malmö, Uppsala, Linköping (head office), Umeå, Karlstad, Västerås and Borlänge. More information is available at www.nexus.se. E-mail: contact@nexus.se ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/10/27/20001027BIT01070/bit0001.doc http://www.bit.se/bitonline/2000/10/27/20001027BIT01070/bit0002.pdf