NeoNet Becomes a Member of the Virt-x Exchange


STOCKHOLM, Sweden, May 29, 2002 (PRIMEZONE) -- NeoNet, a leading provider of real-time equity trading services for institutional investors and broker-dealers, today announced that the company has received membership of the Virt-x Exchange.

Virt-x - the result of the cooperation between the Swiss Exchange and Tradepoint - is the primary exchange for Swiss blue chip stocks, and also offers a marketplace for other European blue chips.

NeoNet plans to offer electronic trading access to the Virt-x Exchange at the turn of the year.

NeoNet's trading platform provides institutional investors and broker- dealers worldwide with increased sources of liquidity and access to cross-border trading functionality. NeoNet offers consolidated electronic trading access to the following stock exchanges: NASDAQ, London, Paris, Amsterdam, Brussels, Frankfurt, Stockholm, Helsinki, Copenhagen and Oslo.


For further information, please contact: Torvald Bohlin CEO of NeoNet
Tel. + 46 8 454 15 39 torvald.bohlin@neonet.se

NeoNet provides institutional investors and broker-dealers with an exchange network for electronic trading on the world's leading stock exchanges. The NeoNet system gives clients an efficient tool for real- time equity execution on the connected stock exchanges. Through NeoNet, clients experience trading access to one third of the world's equity market capitalization. Focused on providing a single point of access to multiple equity markets worldwide, NeoNet has 78 employees with offices in Stockholm and New York, is listed on the Stockholm Stock Exchange (short name NEO), and has clients in eleven countries including the U.S. and U.K.


NeoNet AB (publ), P.O. Box 7545, SE-103 93 Stockholm, Sweden
Tel: +46 8 454 15 00, Fax: +46 8 10 40 84 www.neonetsecurities.com

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www.waymaker.net/bitonline/2002/05/29/20020529BIT00060/wkr0001.doc
www.waymaker.net/bitonline/2002/05/29/20020529BIT00060/wkr0002.pdf