STOCKHOLM, Sweden, June 3, 2002 (PRIMEZONE) -- Song Networks AB, a Swedish subsidiary of Song Networks Holding AB (Nasdaq:SONW) (Stockholm Stock Exchange:SONW), has signed an agreement for the supply of data communication to the Swedish Customs Office. The 2 year-contract means that the Customs Office will improve the data capacity between all of its customs stations and offices in Sweden. The solution comprises 81 IP/VPN ports divided between 73 offices. The contract is worth approximately SEK 13 million.
In addition to increased capacity, this contract will give the Swedish Customs Office a more modern, cost-effective network (WAN - Wide Area Network) which is equipped for services such as IP telephony, video conferencing and web TV. The Customs Office sets high standards of security and availability, and demands total commitment from the supplier. The Customs Office's solution is based upon Song Networks' IP VPN service which guarantees capacity and a high level of security. Discussions on the introduction of further services are also continuing.
"We are very satisfied with Song Networks' solution, which makes use of modern technical solutions in a cost-effective way. The service gives us a good basis for new applications on our network," said Carl-Olov Soderberg of the Swedish Customs Office.
The agreement with the Customs Office is included in the frame contract that Song Networks signed with the Swedish Agency for Administrative Development. In conjunction with purchasing the new frame contract, the Swedish Agency for Administrative Development made an assessment in which Song Networks was ranked as Number One in data communication.
"Yet again, the major investment that we made in a dedicated backbone fibre and access network in the Nordic region is proving to be a good investment for our customers. We are very happy with the agreement with the Customs Office and naturally, are hoping that our discussions with other authorities will lead to the same result," said Mats Almgren, Sales Director of Song Networks AB.
For further information, please contact:
Song Networks AB Song Networks Holding AB
Mats Almgren, Sales Director Jenny Moquist, Investor Relation
Phone: +46 8 5631 02 40 Manager
Mobile: +46 701 810 240 Phone: +46 8 5631 0219
mats.almgren@songnetworks.se Mobile: +46 701 810 219
jenny.moquist@songnetworks.net
About Song Networks, formerly Tele1 Europe, (Nasdaq:SONW), (Stockholmsborsen:SONW) Song Networks is a rapidly expanding data and telecommunications operator with activities in Sweden, Denmark, Finland and Norway. The Company provides comprehensive solutions for data, internet, hosting and voice, to businesses in the Nordic region. Song Networks is currently the only pan Nordic operator investing in local access networks with broadband capacity. The Company has built local access networks in the largest cities in the Nordic region. The access networks, which are linked by a long-distance network is one of the fastest data and internet super-highways in Europe, with an initial capacity for customers of up to one gigabit. The Company was founded in 1995 in Sweden and has approximately 1,000 employees. The head office is located in Stockholm and there are an additional 34 offices located in the Nordic region. For further information, please visit our website at www.songnetworks.net
For further information about Tullverket : www.tullverket.se
Certain statements contained in this press release contain "forward- looking statements" within the meaning of the U.S. federal securities law. Such statements are based on the current expectations of the management of Song Networks Holding AB only, and performance is subject to risks, uncertainties and other factors that could cause actual results to differ materially from these statements. Such risks include, but are not limited to, adverse regulatory, technological or competitive developments; decline in demand for the company's services or products; inability to timely develop, introduce and market new technologies, products and services; pricing pressures resulting from competition; unforeseen construction delays; and the inability to successfully manage systems failures or shutdowns and service interruptions or reduced services to customers. For a more detailed discussion of such risks and uncertainties affecting the company, please refer to Song Networks Holding AB's reports that are filed from time to time with the U.S. Securities and Exchange Commission, including the company's annual report on Form 20-F and reports on Form 6-K.
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