STOCKHOLM, Sweden, June 03, 2002 (PRIMEZONE) -- NeoNet, a leading provider of real-time equity trading services for institutional investors and broker-dealers, today announced that the company was selected as one of the fasted growing companies in Sweden, ranking third on a list of 66 companies. The list was developed by Swedish growth consultant Ahrens and the leading Swedish daily newspaper Svenska Dagbladet.
To qualify for the list, companies had to have an average organic revenue growth of at least 25 percent, a minimum of 50 employees and revenues of at least SEK 50 m (approximately EUR 5.5 m USD 5.2 m). The growth list has been published on a yearly basis since 1993.
NeoNet's revenue for last year was SEK 190 m and has since the inception in 1996 showed a profitable average yearly growth rate of 108.5 percent according to Ahrens' definition.
NeoNet's trading service provides institutional investors and broker- dealers worldwide with increased sources of liquidity and access to cross-border trading functionality. NeoNet offers consolidated electronic trading access to the following stock exchanges: NASDAQ, London, Paris, Amsterdam, Brussels, Frankfurt, Stockholm, Helsinki, Copenhagen and Oslo.
For further information, please contact:
Torvald Bohlin Thomas Ahrens
CEO of NeoNet CEO of Ahrens Rapid Growth
Tel. + 46 8 454 15 39 +46 708 791 100
torvald.bohlin@neonet.se thomas.ahrens@ahrens.se
NeoNet AB (publ), P.O. Box 7545, SE-103 93 Stockholm, Sweden
Tel: +46 8 454 15 00, Fax: +46 8 10 40 84
www.neonetsecurities.com
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The following files are available for download:
www.waymaker.net/bitonline/2002/06/03/20020603BIT00130/wkr0001.doc www.waymaker.net/bitonline/2002/06/03/20020603BIT00130/wkr0002.pdf