Notice of Decrease in Holdings
11/12/2001 8:30 AM EST
Notice Of Decrease In Holdings
Prudential Plc of London, including investment vehicles managed by
Prudential, now holds 2,245,200 shares in Effnet Group AB, which is
4,08% of shares outstanding.
Prudential's previous ownership in Effnet shares amounted to 5,293,700
shares, or 9,63 % of the shares outstanding.
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 focuses on software
development in Robust Header Compression (ROHC), a technology viewed as
becoming essential for providers of IP-based wireless networks. Effnet's
wholly-owned subsidiary, Wkit Security, develops copy protection
software. The Effnet group employs approx. 60 persons. 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.
For additional information please contact:
Örjan Grinndal, CEO Effnet Group
+46-(0)8-564 605 50, +46-(0)709-57 53 75
Marika Philipson, CFO Effnet Group
+46-(0)8-564 605 50, +46-(0)708-32 44 56