Teligent Mobile Office becomes Emblacom

Teligent AB ("Teligent") has on Tuesday the 7th of October announced
the divestment of its Mobile Office business unit. The Mobile Office
operation will from this date be operating as a standalone company,
completely separated from and independent of Teligent. The name of
this new company is Emblacom AB ("Emblacom").

The new majority owner of Emblacom is PEQ Invest 1 AB ("PEQ Invest"),
a private equity fund focused on investing in companies in the SME
segment in Sweden. PEQ Invest was set up during 2008, with the
investment in Emblacom being the fund's first investment. PEQ Invest
is committed to an active and long term ownership in its portfolio
companies, and will serve as a valuable partner to management teams
in developing companies. The fund is managed by Servisen, a Swedish
based private equity group with more than 10 years of experience from
the private equity field.

Emblacom has a strong position on the market for mobile PBX and
hosted enterprise communications solutions, with customers including
telecom operators in five of the World's ten largest mobile operator
groups (Vodafone, America Movil, Orange, Telenor and TeliaSonera).
Emblacom has customers in Europe, Latin America, the Middle East and
Russia.

Backed by the new owner, Emblacom's ambition is to continue to
strengthen its market position and to establish Emblacom as a leading
vendor for this strategically important application area for telecom
network operators and service providers worldwide."The Mobile Office solution and functionality adds strategic value to
the operators. With this divestment and the new owner structure,  the
Mobile Office operation obtains  a solid owner  who will provide  the
necessary platform to secure  continued growth  and ensure long  term
commitment to   customers and  employees" says  Henrik Sund,  CEO  of
Teligent AB.


Contact persons:

Emblacom
Mr. Björn Svennesson, CEO
Phone:  +46 (0)730 668837
email:  bjorn.svennesson@emblacom.com

Teligent AB
Mr. Henrik Sund, CEO
Phone: +46 520 660 00