STOCKHOLM, Sweden, May 27, 2002 (PRIMEZONE) -- Today, trading on the new SAXESS(tm) platform started at Oslo Boers. The SAXESS platform has been provided by OM and is the chosen technical platform for the exchanges participating in the NOREX Alliance - Copenhagen Stock Exchange, Iceland Stock Exchange, Oslo Boers and Stockholmsborsen. This will give the world's investors access to more than 800 Nordic shares at a single stroke, on a Nordic market largely based on unified rules and regulations.
"We are happy to welcome Oslo Boers on board the SAXESStm platform, thereby strengthening the NOREX Alliance further. Bringing together four Nordic exchanges to create one of Europe's most efficient markets will provide a win-win situation for all involved parties through greater liquidity and thereby greater investor interest in Nordic companies," said Per E. Larsson, CEO of OM and Chairman of Stockholmsborsen.
OM is a world leading provider of transaction technology to the financial services and energy industries. Developing and marketing IT solutions that boost the efficiency of markets worldwide, OM has over 100 customers in 20 countries. OM also owns and operates exchanges and clearing organizations and has operations in 10 countries. OM is listed on Stockholmsborsen. For more information please visit www.om.com.
For further information or comments, please contact: Per E. Larsson, CEO OM, Chairman of Stockholmsborsen +46 8 405 66 19 Anna Eriksson, VP Brand & Communications, OM +46 8 405 66 12
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