Sonera chooses Comintell for knowledge management portal Novestra increases ownership in Comintell

SONERA CHOOSES COMINTELL FOR KNOWLEDGE MANAGEMENT PORTAL NOVESTRA INCREASES OWNERSHIP IN COMINTELL Comintell Holding AB has received an important order from Sonera to deliver the knowledge management software including integration services for Sonera's business intelligence intranet portal (see enclosed press release). The order confirms the growing demand for knowledge management solutions and for Comintell's products and services in this field where Comintell already has major corporate clients including Ericsson, Birka Energi, Telia, Tetra Pak and IKEA. To secure the financing of Comintell's further growth until it reaches positive cash flow, which is expected during 2001, AB Novestra has agreed to inject an additional MSEK4 in a new share issue which will increase Novestra's ownership to 37.7 %. "Our engagement in Comintell is well in line with our investment focus on enabling services and technologies where most of our investments are made. We anticipated already at the end of last year the forthcoming downturn in the market and the general re-evaluation of many Internet related projects and companies. We have, therefore, over the last twelve months avoided investments in new capital intense projects. We also have a strong financial position with available funds for further investments of approximately MSEK 300 ," says Novestra's President, Thomas Åkerman. "Today, Novestra has a portfolio that develops well and there is only a limited exposure for Novestra as regards further capital requirements amongst portfolio companies," Thomas Åkerman continues. "Continuum, for example, in which we are founding investors, have approximately MSEK 600 available for investments. Several of the other portfolio companies have actual or short-term expected positive cash flow and no expected additional capital requirements (Dallas, DCM, Netsurvey, PowerNet, Qbranch and Recollections). Out of Novestra's other portfolio companies, it is mainly Bredbandsbolaget, Iquity Systems and Mobilestop that have negative cash flow." For further information please contact Thomas Åkerman, President, AB Novestra phone No. +46 8 545 017 50, or Jesper Edling Martell, Director, Comintell Holding AB, phone No. +46 8 663 76 00. For more information regarding AB Novestra, please see For more information regarding Comintell Holding AB, please see 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 B2 Bredband AB, Comintell Holding AB, Continuum Group Ltd, Fanglobe Inc, Iquity Systems Inc, Mobilestop Inc, Netsurvey AB, PowerNet AB and Qbranch AB. Novestra's shares are listed on the O-List of the OM Stockholm Exchange. Sonera selects Comintell for knowledge-based intranet portal STOCKHOLM - Comintell, Northern Europe's leading Knowledge Management company, today announced that Sonera Corporation (HEX:SRA, NASDAQ: SNRA), an international forerunner in mobile communications and mobile-based services and applications, has selected Comintell´s Knowledge XChanger software to power its enterprise knowledge portal BizKit. In the deal, valued initially at US$ 190000, Comintell will integrate several internal databases, external sources and existing search technology into the portal. BizKit will provide information retrieval, document management, and people network support. The information will be delivered across the entire organisation in a number of ways, such as personalised intranet pages, automatic e-mail alerts of breaking news, and SMS transmissions sent automatically to employees' mobile phones. "Sonera is playing a lead role in the mobile internet revolution and we are delighted to be working with such an important mobile communication player", said Jesper Ejdling Martell, Director of Comintell Nordic AB. He continues: "This is a strategically important order for Comintell and a confirmation of the strong demand and interest that we have seen for our Knowledge Management software and services. More and more companies realize that in the new economy, knowledge is their prime asset and has to be managed as such." Riku Österman, Head of Business Intelligence at Sonera, explains that they chose Comintell because: "We found Comintell Knowledge XChanger to be the closest match to our BizKit concept. It combines in a unique way external and internal sources of knowledge, while simultaneously taking into account the central role of people in the knowledge community." "Sonera has done a very thorough requirement analysis and we are pleased that Comintell was the company they selected to deliver their state-of- the-art Knowledge portal", said Björn Salomon-Sörensen, President of Comintell Nordic AB. "We are expecting that BizKit will become an example for others to follow." About Sonera Sonera Corporation is an international forerunner in mobile communications and mobile-based services and applications. By combining its expertise in mobile communications, the Internet and service provision, Sonera aims to develop into a global communications operator and provider of transaction and content services. In 1999, Sonera's revenues amounted to EUR 1.85 billion and profit before extraordinary items and taxes was EUR 0.5 billion. About Comintell Comintell is Northern Europe's leading provider of Knowledge Managemen solutions, services and software with major clients such as Ericsson, Birka Energi, Telia and Tetra Pak. Comintell Knowledge XChanger , which was launched in October 2000, meets the growing demand from larger corporations for a more efficient management of the flow of knowledge within their organisations. Knowledge XChanger includes a complete set of Knowledge Management functionality in a single integrated product. Knowledge XChanger is an entirely web-based and user-friendly tool that allows knowledge workers to manage, classify, publish, search, monitor, share, measure, report, profile and visualize both internal and external content. To learn more about Comintell, please visit the company website at or write to For further information please contact: Riku Österman, Head of Business Intelligence at Sonera at Jesper Ejdling Martell, Director at Comintell at or telephone +46-8-663 7600 ------------------------------------------------------------ This information was brought to you by BIT The following files are available for download:

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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.