STOCKHOLM, Sweden, July 06, 2004 (PRIMEZONE) -- Song Networks Holding AB's (Stockholmsborsen stock exchange:SONW) Swedish subsidiary Song Networks Svenska AB was selected as darkfiber supplier when IT Norrbotten AB announced its decision. A preliminary date has been set in August 2004 to sign the agreement, which will run for over 20 years.
The municipalities of Norrbotten selected Song Networks as darkfiber supplier in a public procurement conducted by IT Norrbotten AB. The agreement gives the municipalities access to eight fiber pairs in Song Networks' Norrbotten fiber network.
IT Norrbotten AB -- owned by Norrbotten's trade and commerce, municipalities and county council -- is in charge of running regional IT projects. The most important project at present is to coordinate the large-scale IT infrastructure expansion currently underway in Norrbotten. This procurement is part of the project.
"Access to parts of Song Networks' darkfiber Norrbotten network is an important link in our work to tie the entire Norrbotten region together in a regional IT infrastructure with good connections. Access to a fast, reliable and redundant regional network is a must for Norrbotten's continued development and growth. Our choice of supplier was primarily based on price and reliability and Song Networks had the best overall offer," says Ulf Bystrom, Managing Director of IT Norrbotten AB.
"I am very pleased that Song Networks' bid held up well against the competition. We have won many capacity deals and the fact that we now landed this type of deal where the customer is itself, directly or indirectly in charge of the network, indicates that Song Networks is now in serious competition with other network providers," says Mats Lundquist, Managing Director of Song Networks Svenska AB.
For information, please contact: Song Networks Svenska AB Mats Lundquist, Managing Director Phone: +46 (0)8 5631 07 12 Mobile: +46 (0)701 81 07 12
IT Norrbotten AB Hakan Nilsson, Project Manager Phone: +46 (0)921 570 97 Mobile: +46 (0)70 665 70 97 About Song Networks, (Stockholmsborsen: SONW)
About Song Networks, (Stockholmsborsen: SONW)
Song Networks is a leading Nordic telecom operator. Based on its own infrastructure, Song Networks offers a wide range of data communication and telephony services within Sweden, Finland, Norway and Denmark. The company possesses leading-edge expertise within data communications, and focuses on delivering IP VPN and Internet Access services to business customers. Song Networks is a stable challenger of the former state-owned operators. Business customers are connected at competitive prices to the Group's DSL and fiber network, which offers high capacity and the best coverage in the Nordic region. Song Networks' main competitive advantage is the ability to offer efficient and technically advanced communications solutions in combination with a personal reception and top-quality customer service. The company was founded in 1995 and has approximately 850 employees. The head office is located Stockholm and the company has 23 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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