Communique from Skanditek's Annual General Meeting

STOCKHOLM, Sweden, March 27, 2003 (PRIMEZONE) -- On Skanditek's (Stockholm:STEK) Annual General Meeting yesterday March 26, 2003 was among other things the following decided:

 -- No dividend to shareholders will be paid

 -- Re-election of the Board Members Johan Bjorkman, Dag
    Tigerschiold, Patrik Tigerschiold, Mathias Uhlen and election of
    Mikael Gottschlich, in accordance with proposal from the
    Nominations Committee.

 -- As Nominations Committee was re-elected Tomas Fischer and Dag

 -- The Board was authorized to, with exception from the shareholders
    right of priority, up to the time of next AGM to decide of issue
    of new shares not exceeding five million shares. Such new issue
    may be paid by capital contributed in kind.

 -- Authorize the Board to make decisions regarding the acquisition
    and transfer of Company shares.

On Board meeting following election, Johan Bjorkman was re-elected as Chairman of the Board.

Stockholm, March 27, 2003


For further information, please contact:

Patrik Tigerschiold, president, phone +46 (0)8 614 00 20, mobile +46 (0)70 777 71 90, e-mail

Jonas Alfredson, financial manager, phone +46 (0)8 614 00 29, mobile +46 (0)733 904 912, e-mail

Skanditek is an industrial holding company owning stock in Swedish unlisted and listed companies. Our business concept is to be an active and long-term stockholder and to further the portfolio companies' development by providing industrial and financial competence at board and management level. The portfolio comprises ten holdings within the areas electronics, information technology, biotechnology and services. The major holdings are in Axis (14%), LGP Telecom Holding (9%), MYDATA automation (39%), PartnerTech (40%) and Vitrolife (35%). Skanditek is listed on the OM Stockholm Exchange's O list.