Olicom's Demand for Refund of Customs Duty Anticipated to be Recognized


COPENHAGEN, Denmark, Jan. 3, 2002 (PRIMEZONE) -- Olicom A/S (OTCBB:OLCMF) ("Olicom" or "the Company") today announced that the Company anticipates recognition of its demand for the refund of customs duty totaling approximately DKK 23 million ($2.8 million) plus interest. The demand relates to the import of equipment used in local area networks during the years 1996 to 1999, see also the Company's press release of May 14, 2001.

To view this release in its entirety, please click the link: http://reports.huginonline.com/844516/98098.pdf



            

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