Nexus Acquires the eTechnology Group from Lindhard A/S in Denmark

Linkoping, SWEDEN


LINKOPING, Sweden, Oct. 7, 2002 (PRIMEZONE) -- Technology Nexus AB (publ) (Stockholm:NEXU), called Nexus, and Lindhard A/S, called Lindhard, have signed an agreement where Nexus will acquire the eTechnology business of Lindhard. The business is focused on design, development, implementation and support of trusted e-business solutions for corporations to whom secured solutions are business critical. The ongoing business with 9 highly experienced PKI, security and system specialists, running contracts and customers will continue under the name of Technology Nexus Danmark A/S.

Among the customers are some of Denmarks largest and most successful companies. Nexus is confident that the present operations, that will give positive contributions to Nexus already under the last quarter 2002, have potential for further development when integrating the offering from Nexus in the PKI, secured solutions area.

"Nexus will, through the acquisition of the eTechnology group, further strengthen the position as a leading supplier of secured PKI-based solutions on the European market," said Henrik Halvorsen, Executive Vice President of Nexus. "We welcome our new Danish professionals and are looking forward to be working together in the aim of further improving present and new customers businesses through high quality deliveries of services and solutions in the PKI arena."

"The sale of our eTechnology division to Nexus is a step further in focussing the Lindhard business within ERP and Business Intelligence," said Hans Peter Bech, CEO Lindhard A/S. "eTechnology is a division with good growth and earnings, but there are few synergies with our core activities, that focus on optimizing business processes in production-, distribution- and projects industries. It is for that reason a good solution for Lindhard to sell eTechnology to Nexus, since they focus on IT security solutions."

For further information contact:


Mikael Jacobsson, CEO and President
Technology Nexus AB
+46 706 47 58 10

Henrik Halvorsen, Executive Vice President
Technology Nexus AB
+46 705 11 39 49

Troels Moe, President
Technology Nexus Danmark A/S
+45 26 21 21 45

Hans Peter Bech, CEO
Lindhard A/S
+45 45 94 01 01

Facts about Technology Nexus AB

Technology Nexus AB (publ.), listed on the Stockholm Stock Exchange, has specialised in the development and supply of secured IT solutions to improve clients' profitability. Nexus works not only with end-clients, but also as a development partner for clients with very high quality requirements. Nexus' vision is to be a leading partner for secured solutions in the digital economy. Nexus has around 450 employees, with offices in Stockholm, Gothenburg, Uppsala, Linkoping (head office), Umea, Karlstad, Vasteras, Borlange, Hamburg, Paris, London, Madrid, and New Jersey. More information is available at www.nexus.se. E-mail: contact@nexus.se

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download:


www.waymaker.net/bitonline/2002/10/07/20021007BIT00580/wkr0001.doc
www.waymaker.net/bitonline/2002/10/07/20021007BIT00580/wkr0002.pdf