COPENHAGEN, Denmark, Dec. 28, 2001 (PRIMEZONE) -- Olicom A/S (OTCBB:OLCMF) ("Olicom" or "the Company") today announced that it has invested in the Danish battery technology company Danacell A/S. Olicom has in total committed DKK 6.6 million ($0.8 million) based on Danacell meeting certain performance related milestones. Olicom will hold 30% of the shares in Danacell.
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