STOCKHOLM, Sweden, March 18, 2004 (PRIMEZONE) -- As a part of OMHEX' reorganization and continuous focus on core business, OMHEX has decided to divest its Performance Measurement and Fund Report services in Finland. Through its HEX Integrated Markets division OMHEX will, however, continue to maintain and market the Mutual Fund List, a service for information about the mutual funds registered in Finland.
The divestment transaction is now completed through a Management Buy-Out ('MBO') and it is expected to have a marginal impact on OMHEX revenues. The MBO means that the existing contracts and responsibility for the existing client base has been sold to persons formerly responsible for these services within OMHEX. The new company will continue to offer clients uninterrupted high-quality service under the name Sijoitustutkimus Oy, with 3 employees.
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The following files are available for download:
http://www.waymaker.net/bitonline/2004/03/18/20040318BIT00080/wkr0001.pdf
-0- For more information and comments, please contact: Jukka Ruuska, Deputy CEO, OMHEX, President, HEX +358 9 6166 7200 Integrated Markets Anna Eriksson, Vice President Marketing & +46 8 405 66 12 Communications Kalle Kauppila, Sijoitustutkimus Oy +358 50 5242352