STOCKHOLM, Sweden, May 7, 2002 (PRIMEZONE) -- Song Networks Holding AB (Nasdaq:SONW) (Stockholm Stock Exchange:SONW) reported today that the consultancy company, Asplan Viak, has chosen Song Networks' Norwegian subsidiary, Song Networks AS, as supplier of a uniform communications network for its 15 branch offices in Norway. The agreement runs for 2 years and has a value of SEK 3.9 million.
Song Networks will supply an IP/ VPN solution to link up Asplan Viak's five data companies that, with the branch offices, are represented in a total of fifteen towns in Norway. Song Networks will also be supplying home office solutions to approximately 400 employees in the group over Internet VPN.
The agreement also covers a telephony solution via Scandic Marketing which has an agency agreement with Song Networks. In the long run, Asplan Viak is considering a telephony solution using IP/ VPN net.
"We were looking for a uniform, flexible and dynamic communications solution. Song Networks was able to offer us an IP/ VPN in which Internet access and firewalls for the various localisations were centralised. An orderly, forward-thinking and safe solution were major criteria in the choice of supplier," said Per Arild Garnasjordet, Group Chief Executive of Asplan Viak.
For more information, please contact:
Song Networks AS Ketil Kivedahl, Managing Director Tel: +47 2150 2450 Mobile: +47 400 00 450 ketil.kivedahl@songnetworks.no Song Networks Holding AB Jenny Moquist, Investor Relations Manager Tel: +46 8 5631 0219 Mobile: +46 701 810 0219 jenny.moquist@songnetworks.net Song Networks AS Lill Jakobsen, PR Director Tel: +47 2150 2402 Mobile: +47 400 00 402 lill.jakobsen@songnetworks.no
Om Song Networks, tidigare Tele1 Europe, (Nasdaq:SONW) (Stockholmsborsen:SONW)
Song Networks, formerly Tele1 Europe is one of the leading data and telecommunications operators in the Nordic region. The Company provides solutions for data, internet, hosting and voice, to businesses in Sweden, Denmark, Finland and Norway. Song Networks is currently the only pan-Nordic operator investing in local access networks with broadband capacity. The Company has built local access networks in the largest cities in the Nordic region. The access networks, which are linked by a long-distance network is one of the fastest data and internet super-highways in Europe, with an initial capacity for customers of up to one gigabit. The Company was founded in 1995 in Sweden and has approximately 1,100 employees. The head office is located in Stockholm and there are an additional 34 offices located in the Nordic region. Please visit us at 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. For a more detailed discussion of such risks and uncertainties affecting the company, please refer to Song Networks Holding AB's reports that are filed from time to time with the U.S. Securities and Exchange Commission, including the company's annual report on Form 20-F and reports on Form 6-K.
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