NeoNet Appoints Tony Svensson as New Head of Sales


STOCKHOLM, Sweden, April 17, 2002 (PRIMEZONE) -- Tony Svensson will be new Head of Global Sales and Marketing for NeoNet. He currently holds a position as Business Director - European Billing and Ledger Services at Intrum Justitia.

Tony Svensson is 42 years old and has long experience from Intrum Justitia. His latest achievements are that he has been leading the build-up of a pan-European representation for billing services with 11 offices. Mr. Svensson has also been President of different companies within Intrum Justitia. He has also been a member of the Board of Directors for several companies within the Intrum Justitia group.

Tony Svensson will start at NeoNet August 1 and he will succeed Mikael Kviback who has resigned from the position and now is responsible for NeoNet's third-party distribution relations.

NeoNet provides institutional investors and broker-dealers with an exchange network for electronic trading on the world's leading stock exchanges. The NeoNet system gives clients an efficient tool for real-time equity execution on the connected stock exchanges. Through NeoNet, clients experience trading access to currently 80 percent of the European equity market capitalization. Focused on providing a single point of access to multiple equity markets worldwide, NeoNet has 76 employees with offices in Stockholm and New York, is listed on the Stockholm Stock Exchange (short name NEO), and has clients in eleven countries including the U.S.

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