Peter Ekelund joins Novestra

Peter Ekelund joins Novestra Effective April 1 2000, Peter Ekelund, formerly Chairman of Framfab, and more recently CEO of Bredbandsbolaget will join Novestra as Executive Director. "Since its founding I have had a close relationship with Novestra and I now look forward to becoming more operatively involved in the business. I am confident that my considerable international experience and the network of contacts I have built over the years will be useful", says Peter Ekelund. He continues, " As a stage in my commitment to Novestra and as a tool to an increased stake in the company, I wish to consolidate my personal holdings to shares in Novestra through, for instance an exchange of my shares in Bredbandsbolaget for shares in Novestra - something Novestra is positive to." 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, Fanglobe.com, IQUITY Systems, Jupiter Communications, Mobilestop.com, NetSurvey, PowerNet and Qbranch. Novestra plans an official listing during Q2 2000. The shares are currently traded unofficially through Hagströmer & Qviberg Fondkommission AB. For more information regarding AB Novestra, please refer to www.novestra.com, and for further enquiries, please contact Mr Theodor Dalenson, CEO, phone No. +46 8 545 017 50. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/03/28/20000328BIT00300/bit0001.doc http://www.bit.se/bitonline/2000/03/28/20000328BIT00300/bit0002.pdf