The Swedish Industrial Development Fund, Itact and CR&T Ventures to invest
in Comhat AB

The Bure Fund, CR&T Ventures, the Swedish Industrial Development Fund and
Itact through its V2 fund, are investing a total of SEK 15 million in
Comhat AB from Mölndal in Sweden. The company aims to become a world-
leading supplier of reflector aerials for radio links, a market which is
expected to turn over SEK 30 billion by 2004.

Gothenburg firm, Comhat AB has brought out a new type of compact efficient
reflector antenna, or hat antenna, for radio communication between two
points. This antenna is protected by a patent based on research carried
out by Professor Per-Simon Kildal at Chalmers University of Technology.
The company currently has 14 employees and has received its first orders
for antennas. The finance will be used to expand the company.

"We are delighted to have the financing in place to expand the...