HiQ Establishes Subsidiary in Skane


STOCKHOLM, Sweden, Jan. 31, 2002 (PRIMEZONE) -- The IT and management consultancy, HiQ, continues the expansion in the Oresund region and sets up a subsidiary in Skane in southern Sweden.

"HiQ believes strongly in the development in the region and therefore wants to establish a subsidiary in Lund based on its current activities. The company will expand with its principal customers in the region, in sectors such as medicine, industry and telecom," says Lars Stugemo, CEO of HiQ.

HiQ already has an office in Lund, manned by 15 consultants who work mainly with system development within the telecom industry.

A subsidiary will be established in Skane in spring of 2002.

HiQ is an IT and management consultancy that focuses on high tech solutions in the fields of telecoms, mobility and simulation technology. The company is a leader in these fields and the Nordic region is its domestic market. HiQ employs 450 people at offices in Sweden, Norway, Denmark and Finland. HiQ is listed on the Stockholm Exchange. For more information, please visit www.hiq.se

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