Enskilda Securities opens an office in Silicon Valley

Enskilda Securities opens an office in Silicon Valley First Nordic investment bank to set up in Silicon Valley Enskilda Securities is planning to open an office in Silicon Valley, California. By opening an office in California, Enskilda Securities will strengthen, still more, its present high level of competence within the technology sector. Via this new office, Enskilda Securities will also arrange venture capital for Nordic corporate clients operating within the technology sector. Carl Rosén will be responsible for setting up in California. He was formerly Head of Orkla and Chief Editor for Swedish business publication Affärsvärlden. Prior to that he worked as an investment banker for 10 years - working for, among others, Alfred Berg and Enskilda Securities. Analysts and corporate finance specialists will be working at Enskilda Securities' new office in California. "For us at Enskilda Securities it fees natural to be the first Nordic investment bank to start operating in Silicon Valley," says Per-Anders Ovin, Head of Enskilda Securities. "Many Nordic companies have the potential to be leaders within information technology. Technical development is moving along at a tremendous pace. Enskilda is now complementing the know-how and the network it already has around 'Wireless Valley' by setting-up in an important global centre for development where a great part of the venture capital industry within the technology sector already exists," says Per- Anders Ovin. "One of the goals connected with this move by Enskilda Securities is to provide listed and unlisted Nordic high-tech companies with American know- how and venture capital," says Carl Rosén. Enskilda Securities has offices in eight countries and is the leading investment bank in the Nordic area. For further information, please contact: Per-Anders Ovin, Head of Enskilda Securities, Telephone: +46 8 522 295 75 or +46 070-432 95 75 Carl Rosén, Enskilda Securities, Telephone: +46 70-416 99 01 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/04/19/20000419BIT00410/bit0001.doc http://www.bit.se/bitonline/2000/04/19/20000419BIT00410/bit0002.pdf