Tele1 Europe selects EHPT for Billing Systems

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Tele1 Europe selects EHPT for Billing Systems Tele1 Europe (TEUR), the pan-Nordic data and telecommunications group today announces the signing of an agreement with EHPT, as the company responsible for developing Tele1 Europe's billing requirements across the Nordic region. EHPT will be fully responsible for the implementation of Tele1 Europe's new billing solution to meet the needs of this rapidly growing and developing company. The appointment of EHPT follows extensive research by Tele1 Europe into the best ways to upgrade their billing systems to accommodate the growth in client numbers and services. EHPT will be able to offer best value solutions for billing telecom- and data services and will enable Tele1 Europe to customise billing to specific requirements. Under the initial one year SEK45m contract, EHPT will implement and tailor the new billing system to Tele1 Europe's needs. Thereafter EHPT will maintain the system and provide upgrades and support on a continual basis. - We have carefully researched the important area of billing our customers and are pleased to have appointed EHPT. Customers will enjoy a user-friendly, efficient and customised billing service and we are confident that we will be able to work together successfully as Tele1 Europe continues to grow, says Ivar Strömberg, CEO Tele1 Europe. Lars Wahlström, vice president of EHPT added: - We are delighted that Tele1 Europe has chosen us at this very exciting stage of their development. We are the leader in this field and are committed to providing Tele1 Europe with a first class billing service. For more information, please contact: Tele1 Europé EHPT Cecilia Johansson, Investor Relations Ann-Louise Öhrn, Public Phone: +46 8 5631 02 19 Relations e-mail: cecilia.johansson@tele1europe.se Phone +46 31 746 2907 e-mail: ann- louise.ohrn@ehpt.com About Tele1 Europe Tele1 Europe is a fast-growing data and telecommunications operator with interests in Denmark, Finland, Norway and Sweden. The group's business concept is to offer broadband solutions for data, telephony and the Internet to large and medium-sized business and organisations in the Nordic countries. Tele1 Europe is currently the only Nordic data- and telecommunications operator investing in local access networks with broadband capacity. This construction is taking place in the nine largest cities in the Nordic countries. The access networks, which are linked together with a long-distance network, will be Europe's fastest super highways for data and Internet traffic with an initial capacity for customers of up to one gigabyte. Web-adress: www.tele1europe.com About EHPT EHPT is an independent, world-class provider of application software and services to telecom operators and has installed 540 operations support and business support systems in 80 countries. Its success is based on a thorough understanding of the convergence of telecom and computer networks. Founded in 1993 as a joint venture owned 60% by Ericsson and 40% by Hewlett-Packard, it combines and enhances the strengths of these world- leaders to provide leading edge solutions. EHPT has a global presence, with its headquarters based in Sweden, and employs more than 1,400 people worldwide. Please visit EHPT on the web: www.ehpt.com ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/04/04/20000404BIT01450/bit0001.doc http://www.bit.se/bitonline/2000/04/04/20000404BIT01450/bit0002.pdf