STOCKHOLM, Sweden, July 03, 2003 (PRIMEZONE) -- Song Networks Holding AB's (Other OTC:SONWF) (Stockholmsborsen:SONW) Finnish subsidiary Song Networks Oy announces that the Ministry of Justice (Oikeusministerio) and Song Networks Oy has signed a Letter of Intent of delivering a network solution. The network solution will connect the Ministry of Justice's 365 offices in Finland.
"The network solution makes it possible for the Ministry of Justice to further develop its data and voice communication services," said Kari Kujanen, Chief Information Officer of the Ministry of Justice.
"We are very proud to be chosen as the Ministry of Justice's supplier and we are expecting the negotiations to be finalized by the end of August," said Ari-Jussi Knaapila, Managing Director of Song Networks Oy.
For more information:
Song Networks Oy Ministry of Justice, Finland
Ari-Jussi Knaapila, Managing Director Kenneth Gronroos, Senior
Phone: +358 30 994 2310 Specialist
Mobile: +358 50 994 2310 Phone: +358 9 160 67594
E-mail: Mobile: +358 50 500 2326
ari-jussi.knaapila@songnetworks.fi E-mail:
kenneth.gronroos@om.fi
About Song Networks, (Stockholmsborsen: SONW) Song Networks is a data and telecommunications operator with activities in Sweden, Finland, Norway and Denmark. The Company's business concept is to offer the best broadband solution for data communication, Internet and voice to businesses in the Nordic region. The Company was founded in 1995 in Sweden and have approximately 800 employees. The head office is located in Stockholm and the Company has 24 offices located in the Nordic region. www.songnetworks.net
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.
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