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Computas wins strategic orders from US authorities

Computas wins strategic orders from US authorities Computas, a subsidiary of the TurnIT Group, has won five strategic orders from US authorities, the largest of which is from the Department of Defense. The initial order value amounts to approximately SEK 2,2 million, for licenses for the Metis software. A number of other US authorities are currently evaluating Metis. Computas has received orders for Metis from the Department of Defense, the US Treasury, the Bureau of Census, the Treasury Department's Bureau of Engraving and Printing and the Environmental Protection Agency. A number of other

SweDeltaco, a TurnIT Supplies company, distributor of the year

SweDeltaco, a TurnIT Supplies company, distributor of the year SweDeltaco has been chosen as distributor of the year 2000 by the magazine, IT-branschen, in a massive vote of readers. The award was presented at the Connect exhibition in Älvsjö on Monday evening. "We are very honoured to receive the award. It shows that in every industry - no matter how competitive it is - there are players with sound business models who can make money while others are running at a loss. We see today's nomination as a result of our concentration on profitable growth focussed on the customer" says Mehrdad

Christina Hillesöy new Information Director for TurnIT

Christina Hillesöy new Information Director for TurnIT Christina Hillesöy will take over as the new Information Director for TurnIT on 15 May. She joins TurnIT from Ehand, where she was Information and PR Manager. She replaces Rickard Linderoth, who is going to Aktiesparinvest AB as Vice-President. He will remain in his present post until 15 May. TurnIT AB is one of the larger Swedish IT groups listed on the OM Stockholm Stock Exchange's Attract40 list. TurnIT has about 1350 employees. Its business idea is to acquire and develop primarily unlisted IT companies. For shareholders, the

Operating profit for January - February increased from SEK 5 million to SEK 22 million

Operating profit for January - February increased from SEK 5 million to SEK 22 million At today's Annual General Meeting, TurnIT's President, Peter Enström, commented that profits for TurnIT for the first two months of 2001 had been strong, and he remained confident that the trend would continue to be good. He announced that profits (EBITA) for January and February amounted SEK 22 million, compared with SEK 5 million for the corresponding period of the previous year. Operating profits do not include the figures for the quoted subsidiary, IAR, which will issue its own quarterly report on 7

Kent Karlsson new Vice-President of TurnIT AB

Kent Karlsson new Vice-President of TurnIT AB Kent Karlsson has been appointed Vice-President of TurnIT with co- ordinating responsibility for finance, financing and administration. He will also be Chairman of several subsidiary companies. Mr Karlsson will take up his post on 1 May. His latest position was with IAR, where he was Vice-President. TurnIT AB is one of the larger Swedish IT groups listed on the OM Stockholm Stock Exchange's Attract40 list. TurnIT has about 1350 employees. Its business idea is to acquire and develop primarily unlisted IT companies. For shareholders, the intention

TurnIT Consulting's Arete signs master agreement with Telia Prosoft

TurnIT Consulting's Arete signs master agreement with Telia Prosoft Arete, the Parent Company for TurnIT's Swedish consultancy operations, through its subsidiary, Systemering, has signed a master agreement with Telia Prosoft, Telia's IT company. The agreement applies to systems development services, both traditional IT consultancy and web development, during 2001. Systemering is one of the larger suppliers to Telia ProSoft, and the two companies have been working together since the early 1970s. Their co- operation during 2001 will cover both the administration of existing debiting services

Year-end Report from TurnIT AB JANUARY - DECEMBER 2000

Year-end Report from TurnIT AB JANUARY - DECEMBER 2000 20 February 2001 Profit in line with forecast · Group sales increased by 31% to SEK 1,580.8 million (1,210.2) · Operating profit (EBITA) 1) increased by 16% to SEK 155.2 million (133.7) and the operating margin was 9.8 (11.0) % · Profit after financial items was SEK 70.0 million (92.3) · Cash flow per share 2) was SEK 6.32 (6.27) · The number of employees has increased by 50% to 1,362, of whom 725 are consultants · High order volume in consultancy operation · Substantial improvement in operating profit expected in 2001 Sales amounted to

Computas, part of TurnIT Consulting, is increasing the efficiency of Norway's law courts

Computas, part of TurnIT Consulting, is increasing the efficiency of Norway's law courts Computas, a subsidiary of TurnIT, has signed an agreement with the department dealing with IT and technical expertise in the Norwegian judicial system (RIFT) to supply a new proceedings handling system for the judiciary in Norway. The system will simplify the handling of proceedings, reduce procedural times and improve access to information for about 1300 judges and other staff. The project will take three years, and the contract price is NOK 57 million. " The aim of the new system is to streamline the

Arete, part of TurnIT Consulting, signs master agreement with Regeringskansliet

Arete, part of TurnIT Consulting, signs master agreement with Regeringskansliet TurnIT Consulting has both through Arete, which is the parent company for TurnIT's Swedish consultancy operations, and on behalf of Libro Datakonsult today signed two-year master agreements with Regeringskansliet [the Swedish Government Offices]. In competition with 45 other IT consultancy companies, Arete and Libro have been selected as two of five suppliers of IT-services for Regeringskansliets total operations. The agreement covers a number of different services, including advanced project management and

LAC, part of TurnIT Supplies, has won a major order for components for an American manufacturer of systems for the mobil

LAC, part of TurnIT Supplies, has won a major order for components for an American manufacturer of systems for the mobile Internet LAC Elektronik AB, which is part of TurnIT Supplies, has won an order for the supply of components for mobile Internet systems, with running suborders during 2001. The order is valued at about SEK 32 million, which exceeds the previous estimate for volume drawn up for the starting order in October 2000. The order will deepen co-operation with one of the USA's most successful manufacturers of systems for the mobile Internet. LAC is an established player in the

Libro TIME in TurnIT Consulting brings Regeringskansliet to life on the Internet

Libro TIME in TurnIT Consulting brings Regeringskansliet to life on the Internet Libro TIME, a subsidiary of Arete, part of TurnIT Consulting, signed a master agreement today on web transmissions using streaming media technology with Regeringskansliet, the Swedish Government Offices. The agreement extends over two years, and its coverage will include all meetings held during the Swedish EU presidency. The aim is to make all major EU meetings available on the Internet, which will involve a large number of web transmissions. The agreement covers transmissions from Sweden and from abroad. The

TurnIT acquires IBM PALETT - HR specialist for the public sector - creates leading position in Sweden

TurnIT acquires IBM PALETT - HR specialist for the public sector - creates leading position in Sweden TurnIT today agreed to acquire IBM PALETT, a leading organisation in the area of Human Resources Management (HRM), salary and staff administration for county councils and municipalities in Sweden. PALETT is the market leader in the segment, and the system is used by county councils and municipalities for more than 200,000 employees. Together with Svenska PA in TurnIT's business area Outsourcing, this creates a comprehensive HR operation in a leading position as one of the major suppliers of

TurnIT's ownership in Arete after extended acceptance period represents 98.3 per cent of shares and votes

TurnIT's ownership in Arete after extended acceptance period represents 98.3 per cent of shares and votes After the expiration of the extended acceptance period ending on November 17, 2000, of the public offer of TurnIT to the shareholders in and holders of warrants 1999/2002 and 2000/2003 issued by Arete, has the offer been accepted to such an extent that TurnIT has become owner of shares representing 98.32 per cent of the shares and votes in Arete on a non- diluted basis. TurnIT´s total holding of shares and warrants in Arete represents 98.31 per cent of the capital and votes on a fully

Interim Report from TurnIT AB

Interim Report from TurnIT AB JANUARY - SEPTEMBER 2000 6 November 2000 Earnings per share increased by 42 % * Earnings per share after full tax increased by 42 % to SEK 3.30 (2.32) * Sales increased by 34 % to SEK 1077 million (SEK 805 million) * Operating profit (EBITA) rose by 53 % to SEK 125.1 million (SEK 81.8 million) * Operating margin increased to 11.6 (10.2) % * Profit after financial items grew by 21 % to SEK 65.1 million (SEK 53.6 million) * Cash flow per share was SEK 5.90 (3.85) * Volume of orders in Fiberdata amounted to SEK 230 million * Holders of over 90 % of Arete's shares

TurnIT exceeds 90 per cent in Arete. Offer implemented

TurnIT exceeds 90 per cent in Arete. Offer implemented The public offer of TurnIT to the shareholders in and holders of warrants 1999/2002 and 2000/2003 issued by Arete has been accepted to such an extent that TurnIT has become owner of shares representing 92.5 per cent of the shares and votes in Arete on a non-diluted basis. In addition, TurnIT has acquired 246 750 warrants issued by Arete. TurnIT´s total holding of shares and warrants in Arete represents 92.3 per cent of the capital and votes on a fully diluted basis . All of the conditions stated by TurnIT in the prospectus for

Interim Report from TurnIT AB JANUARY - AUGUST 2000

Interim Report from TurnIT AB JANUARY - AUGUST 2000 4 October 2000 This interim report is a supplement to TurnIT's ordinary interim reports, and has been drawn up in consequence of TurnIT's offer for the shares in Arete. Where appropriate, this report should be read in conjunction with TurnIT's half-yearly report, with respect, for example, to previous report periods. Continued growth and increasing shareholder value Sales were SEK 928.3 million 1 Operating profit (EBITA) reached SEK 119.5 million Operating margin was 12.9 percent Profit after financial items amounted to SEK 65.7 million

Strategic order from US producer of mobile Internet solutions won by TurnIT Supplies' company, LAC

Strategic order from US producer of mobile Internet solutions won by TurnIT Supplies' company, LAC LAC Elektronik AB, part of TurnIT Supplies, has won a strategic order for the supply of components for mobile Internet systems. The order is worth about SEK 6 million up to the end of November, and the estimated annual volume is almost SEK 25 million. LAC is an established supplier and developer of components for the telecommunications and other industries throughout the world. Its products are customized to meet clients' individual requirements, and are used, for example, in the radio

Fiberdata in TurnIT Communication supplies equipment for broadband networks in Östersund and Norrköping

Fiberdata in TurnIT Communication supplies equipment for broadband networks in Östersund and Norrköping Fiberdata AB - a company in the TurnIT Group- is one of Sweden's leading suppliers of broadband technology for urban networks and residential area. The company has won orders to supply network equipment and services for the installation of broadband networks for about 1,000 apartments in the Lugnvik district of Östersund, and 400 apartment blocks in Norrköping. Fiberdata estimates the value of the contracts at SEK 6 million. The clients in Östersund are three tenant owners' associations

Notifikation of an Extraordinary General Meeting

Notifikation of an Extraordinary General Meeting Shareholders in TurnIT AB (publ) are hereby notified of an Extraordinary General Meeting to be held on Wednesday 18 October 2000 at 15.00 in Konferens Spårvagnshallarna, Spårvagnen, Birger Jarlsgatan 57 A, Stockholm Important proposals Item 6 - Changes to the Articles of Association The Board of Directors proposes that the wording of § 4 in the Articles of Association shall be changed as follows: "The share capital shall amount to a minimum of SEK 80,000,000 and a maximum of SEK 320,000,000, of which shares of series A amount to a minimum of

TurnIT acquires Arete and creates a base for the continued expansion of its consulting business

TurnIT acquires Arete and creates a base for the continued expansion of its consulting business The new Arete is well-positioned in fast-growing market segments Better opportunities to compete for the market's major agreements Stronger delivery capabilities with a single brand and management Efficiency gains of SEK 8-10 million beginning in 2001 85 B-shares in TurnIT are offered for every 100 shares in Arete, representing a premium of 30.7 percent Senior officers and employees of Arete representing 38.9 percent of the shares have agreed to accept the offer The Board of Directors of Arete is

TurnIT Communication acquires Norwegian company, ITR AS

TurnIT Communication acquires Norwegian company, ITR AS Fiberdata - a TurnIT subsidiary - has contracted to acquire all shares in Informationsteknologi Rådgivning AS, ITR. The company is a specialised consultancy, operating in the areas of strategic IT consultancy, project management, systems and network administration, operation of IT platforms and the development of applications for communications and databases. ITR's clients include several of Norway's largest companies, and the firm is growing very rapidly, with excellent profitability. The company will become a subsidiary of Fiberdata

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