Effnet founder receives Carlsson prize

EFFNET FOUNDER RECEIVES CARLSSON PRIZE

Second technology prize won this year
Dr. Mikael Degermark, a founder of Effnet Group AB ("EFFN" on Sweden's
Nya Marknaden) has received the Chester Carlsson Research Prize 2000, an
award from the Royal Swedish Academy of Engineering Sciences, Kungliga
Ingenjorsvetenskapsakademin (IVA). Dr. Degermark was a key developer of
the world-renowned Luleå Algorithm for optimized IP forwarding and packet
filtering. The Luleå Algorithm is the foundation of Effnet's award-winning
technology, which has established Effnet as a leader in network-technology
licensing.

The Carlsson Prize was awarded to Dr. Degermark, "For ground-breaking
efforts in developing the Internet, by new forwarding algorithms and IP
header compression technology that cost effectively renders Internet
possible via radio, and which resulted in international standards and the
foundation of a company." The award recognizes Dr. Degermark's
development of standards for IP header compression technology for wireless
Internet. Those standards are now part of Effnet's development of the new
wireless IP processing capabilities within the EffnetEdge Toolkit.

Earlier this year, Dr. Degermark and his development team also received
the 2000 "Framsteget", awarded for the best IT research project in
Sweden by the Swedish magazine, "Ny Teknik."

"Effnet is once again proud of its co-founder Dr. Mikael Degermark's
contributions to high-speed and low-speed wireless Internet
communication," said Steve Pink, Effnet CTO. "The Carlsson Prize
recognizes Mikael's work, which includes many of the algorithms,
mechanisms and other concepts that have already gone into, and that will
become part of, Effnet's IP processing technology."

The Chester Carlsson Research Prize 2000
The Swedish descendant Chester Carlsson patented the first process for the
dry copying, "xerographic method," which is the foundation of all modern
photocopiers and laser printers. He also was a founder of Xerox
Corporation. In remembrance of Mr. Carlsson, the Chester Carlsson Research
Prize was created in 1985, and is presented to persons or institutions for
significant research or development within the area of information
science. It is also awarded for developments that have led to commercial
or technically successful products, or for work in combining existing
technologies that resulted in a new application. The prize was presented
to Dr. Degermark at IVA in Stockholm on 22 November, 2000.

About Effnet
Effnet innovates and licenses award-winning key technologies that resolve
data speed, efficiency and security challenges in Internet Protocol (IP)
networking and IT security. Effnet's modular IP packet processing
technology -- the EffnetEdge Toolkit -- as well as its complete firewall
and router technology for hardware manufacturers, enable optimized
performance. The wholly owned subsidiary, Wkit, offers data encryption and
copy protection technologies, and security audit services for public and
private sector companies. With more than 75 employees, the company
operates in Stockholm, Luleå and Håverud, Sweden, and in Silicon Valley,
California. Effnet Group AB shares are traded on Sweden's Nya Marknaden
(symbol: EFFN). Read more about Effnet at www.effnet.com. Read about Wkit
at www.wkit.com.

Effnet, the Effnet logo, EffnetEdge and Wkit are trademarks or registered
trademarks of Effnet AB and Effnet, Inc. Other brand names may be the
trademarks of their respective owners.

For more information, please contact:
Steve Pink, Chief Technology Officer
Effnet Group AB
US Mobile: +1 650 743 1186
GSM Mobile: +46 (0)705 23 00 07
Email:  
or:
Cecilia Engström, EMEA Marcom & PR Manager
Effnet AB
Office: +46 (0) 8 564 611 13
GSM Mobile: +46 (0)708 99 86 13
Email:  

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Effnet founder receives Carlsson prize