Novestra to hold press conference/analyst meeting on thursday june 15, 2000

NOVESTRA TO HOLD PRESS CONFERENCE/ANALYST MEETING ON THURSDAY JUNE 15, 2000 At a combined press conference and analyst meeting to be held on Thursday June 15, 2000 at 8.00 a.m. at Operaterrassen in Stockholm, Sweden, Novestra will introduce the company's new management resources and account for its future plans. Novestra is one of the leading venture capital investment firms in the Nordic countries, primarily with a focus on companies providing enabling services to the network economy. Novestra's portfolio of companies includes Bredbandsbolaget, Continuum Group Ltd, Fanglobe Inc, IQUITY Systems, Mobilestop.com, NetSurvey, PowerNet and Qbranch. Novestras shares are traded on the OM Stockholm Exchange New Market. For further comments please contact Theodor Dalenson phone No. +46 8 545 017 50. For more information regarding AB Novestra, please refer to www.novestra.com. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/06/07/20000607BIT00270/bit0001.doc http://www.bit.se/bitonline/2000/06/07/20000607BIT00270/bit0002.pdf

About Us

About STRAXSTRAX is a global company specializing in mobile accessories and connected devices. STRAX is listed on the Nasdaq Stockholm Stock Exchange. STRAX offers proprietary, licensed,partner branded accessories and connected devices. The proprietary brands include XQISIT, GEAR4, Urbanista, THOR, AVO+ and FLAVR. The company furthermore represents over 30 brands. The company sells to a wide channel landscape ranging from telecom operators, specialized mobile and consumer electronics retailers to online, lifestyle, convenience stores and supermarkets. STRAX was founded in Miami and Hong Kong in 1995 and has since grown significantly across the globe. STRAX has 200 employees in 12 countries and its operational HQ and logistics center is based in Germany.

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