COPENHAGEN, Denmark, Feb. 6, 2002 (PRIMEZONE) -- For 2001, Olicom's (OTCBB:OLCMF) net result was a loss of DKK 10.4 million ($1.2 million). The result exclusive of the loss from affiliated companies was a profit of DKK 32.7 million ($3.9 million) which compares to the earlier announced expectation of a loss of approximately DKK 5 million ($0.6 million). The positive deviation is primarily caused by the recognition of the earlier announced claim for refund of customs duty in the amount of DKK 29 million ($3.4 million). The result from affiliated companies, which comprises Olicom's share in the operating result, amortization of goodwill and write-downs, amounted to a loss of DKK 43 million ($5 million).
The full text report, with financial tables, is available at the following link: http://reports.huginonline.com/847602/99052.pdf