NeoNet Expands with Frankfurt Sales Office


STOCKHOLM, Sweden, June 26, 2003 (PRIMEZONE) -- NeoNet, an international agency brokerage providing efficient electronic equity execution services for the institutional investor industry, today announced that it has established a sales and representation office in Frankfurt to focus on strengthening its sales effort in Germany, Austria and Switzerland.

"Frankfurt is a key financial center in Europe and NeoNet is committed to this important market," said Torvald Bohlin, CEO of NeoNet. "The Frankfurt office will facilitate improved representation for our clients in Germany, Austria and Switzerland and enable NeoNet to further explore the potential of these prioritized countries."

Alexandra Trinbacher has been appointed Sales Executive to establish the office and brings extensive experience from senior sales and account management within the capital markets industry. Previous roles have included Senior Account Manager responsible for OM Jiway's Frankfurt sales office and Account Manager at the Vienna Stock Exchange.

NeoNet clients can execute on the world's leading equity marketplaces, thus consolidating European and U.S. trading strategies and eliminating the need for several different brokers and systems for trading on multiple exchanges. Client can also trade over NeoNet's international trading desk. NeoNet offers electronic execution services on the NASDAQ, London, Frankfurt, Paris, Amsterdam, Brussels, Milan, Stockholm, Helsinki, Copenhagen and Oslo stock exchange. Clients can now also trade on NYSE and Amex over NeoNet's international trading desk. NeoNet already has offices in New York, London and Stockholm.

Contact details for the NeoNet's Frankfurt office: Frankfurter Welle An der Welle 4 D-60422 Frankfurt/Main, Germany

Tel. +49 69 7593 8589 Fax: +49 69 7593 8200


 For further information, please contact:
 Company contacts:
 Torvald Bohlin                 Magnus Karlsson
 CEO of NeoNet                  Communications, NeoNet
 Tel. +46 8 454 15 39           +46 8 454 15 46
 torvald.bohlin@neonet.biz      magnus.karlsson@neonet.biz

 NeoNet U.S. PR contact:        NeoNet's U.K. PR-agency contact:
 Damon Leavell, Spring O'Brien  Stefanie Davidson/Kelly O'Brien, Cognito
 +1 973.267.8800                +44 20 7936 9058
 damonl@spring-obrien.com       stefanie.davidson@cognitomedia.com

 Since inception in 1996 NeoNet has focused on efficient and neutral
 agency brokerage. NeoNet provides the institutional investor industry
 with execution services offering a single point of access to leading
 equity marketplaces worldwide. Clients can execute orders using
 electronic direct market access or through NeoNet's international
 trading desk. NeoNet has offices in New York, London, Frankfurt and
 Stockholm, is listed on the Stockholm Stock Exchange (ticker NEO), and
 has clients in twelve countries globally.

www.neonet.biz

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http://www.waymaker.net/bitonline/2003/06/26/20030625BIT00680/wkr0001.doc

http://www.waymaker.net/bitonline/2003/06/26/20030625BIT00680/wkr0002.pdf