Kurt Hellstrom Brings Global Leadership Experience to Symsoft AB


STOCKHOLM, Sweden, Sept. 15, 2005 (PRIMEZONE) -- Symsoft AB today announced that Mr. Kurt Hellstrom has joined the Symsoft board of directors, as Chairman of the Board.

Mr. Hellstrom brings to Symsoft more than 35 years of leadership experience within the telecommunications industry, including the position as President and CEO for Telefonaktiebolaget LM Ericsson, which he held from 1999 until his retirement in 2003.

``Symsoft is at the forefront of some exciting technologies, delivering modern solutions for charging, messaging and packet data services to mobile operators all around the world. I hope to use my long and international experience to contribute to the strategy for global expansion of the company and to create value for Symsoft customers and owners", says Kurt Hellstrom, Symsoft new Chairman of the Board.

``We are honored that Mr. Hellstrom joins Symsoft as Chairman of the Board during this exciting time when Symsoft is in a very expansive mode. Many of today's mobile operators will promptly need to enhance their service networks. Investments in key systems that feed operators' revenue streams will accelerate. We aim for increased global presence and Symsoft is fortunate to be able to benefit from Mr. Hellstrom's prior experience in this field, says Thomas Axelsson, President and CEO of Symsoft AB."

For more information please contact:

Marie Svensson, VP Marketing, Symsoft AB, at +46 8 503 86 636 or, +46 70 190 0482 marie.svensson@symsoft.se

Symsoft develops leading real-time solutions for charging, messaging and packet data services. Renowned for its ability to deliver, Symsoft helps operators' worldwide stay competitive in mobile markets. Open architecture combined with innovative technology yields short lead times. Founded in 1989 and based in Stockholm, Sweden, Symsoft has operational systems in more than 20 countries.

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