More institutional MultiQ owners

1/19/2005 6:00 AM EST

A number of financial institutions bought, during Tuesday, the remaining 2.7 million shares held by the IT Providers’ fund Spyder Technology Holding, who thereby have sold their entire holdings of MultiQ shares.
During 2004 we have noted an increased interest in the company. The big orders we received in combination with the structural measures we have undertaken make us look at our future in a positive light.
We would like to thank Spyder Technology Holding for their support through the years that the company has been re-building. IT Providers CEO Johan Hemmarck stays on as a member of the board at MultiQ.
We welcome our new shareholders and we are very pleased to see that a number of existing shareholders have increased their holdings, says MultiQ's chairman of the board Peter Ahlgren.