Ecovision wins contract with SkandiaBanken


STOCKHOLM, Sweden, Sept. 2, 2003 (PRIMEZONE) -- Ecovision AB has received an order from SkandiaBanken regarding financial information systems in Sweden and Norway.

SkandiaBanken has selected Ecovision ProTrader as the new real-time system for their brokers. Ecovision will also provide the financial information feed to SkandiaBanken's Internet service. Internet charts and real-time streaming for SkandiaBanken will be produced by Ecovision. SkandiaBanken has selected Nyhetsbyran Ticker as news service for both real-time screens and Internet service.

The new contract with SkandiaBanken is a great success for Ecovision's total concept including traditional real-time screens, development and operations of Internet services and news from Ticker News Agency. The acquisition of Newmedia in July this year has further strengthened Ecovision's position as one of the leading Nordic financial information providers.

SkandiaBanken started in October 1994 as a telephone bank and has then gradually developped into a full service Internet bank. SkandiaBanken is operating in Norway since year 2000 and in Denmark since 2001. SkandiaBanken has approximately 1400 employees in the Nordic countries. SkandiaBanken has won several prizes as Sweden's best bank and best Internet bank.

Ecovision group revenue in 2002 amounted to 64.4 million SEK and the operating result was 8.6 million SEK. The Ecovision group has, after the acquisition of NewMedia 41 employees and has activities in Sweden, Norway, Finland, Denmark and the Netherlands.

The Ecovision Group has three business areas: Ecovision ProTrader - a real-time information system, Ecovision NewMedia - developing and operating customized trade- and information services, and the Ticker News Agency, with real-time news for the financial markets.

The Ecovision share is listed at the Stockholm Stock Exchange, New Market.


Per Rastin, Executive Vice President, Ecovision AB  
+46 31 68 46 63

www.ecovision.se

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