NeoNet Offers a Pan-European Stock Exchange Network

10/15/2001 6:01 AM EST

NeoNet, a leading provider of real-time equity trading services for
institutional investors and broker-dealers, today announced that it has
connected to the Euronext Exchange platform, providing investors with
consolidated direct trading access to approximately 80 percent of the
total European stock market capitalization.

With the addition of the Euronext Exchange, which is the merger between
the stock exchanges of Paris, Amsterdam and Brussels to NeoNet's
electronic exchange network, investors can now trade on all of the
connected exchanges through a single entry point. Trading access to
Paris on the Euronext platform will be possible from the start and
trading access to the Amsterdam and Brussels stock exchanges is expected
in the near future.

"Through our exchange memberships and direct connections to the major
European exchanges, NeoNet has obtained one of its main objectives-the
creation of a single network for direct, electronic pan-European equity
trading," said Torvald Bohlin, CEO, NeoNet. "The addition of Euronext
marks a major milestone for NeoNet, having transformed in less than two
years from a primarily Nordic-based product to a broad offering for U.S.
and European clients."

NeoNet's pan-European trading platform provides investors worldwide with
increased sources of liquidity and access to cross-border trading
functionality. In addition to Euronext, NeoNet also offers electronic
trading access to the London, Frankfurt, Stockholm, Helsinki and
Copenhagen stock exchanges.

"NeoNet's success to date is largely impacted by the company's
unrelenting goal of providing connection to 80 percent of the European
equity capitalization by year end 2001," said Peter Gaffney, president
of U.S. operations, NeoNet. "NeoNet has proven its technology as
demonstrated by the success of its platform in the European markets, and
looks forward to similar success in the U.S."

NeoNet also plans to offer electronic trading access to Nasdaq in second
quarter 2002 and after that trading on Milan and virt-x. During 2003,
NeoNet plans to offer direct trading on NYSE. The company's overall
objective is to offer electronic trading access to 80 percent of the
world's stock market capitalization by 2003.

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


NeoNet is a leading provider of real time equity execution services for
institutional investors and broker-dealers. Through its electronic
exchange network NeoNet provides its clients with efficient, secure and
anonymous access to currently 80 % of the equity market capitalization
in Europe with Euronext included. NeoNet focuses on providing single
access to multiple stock markets worldwide. Currently NeoNet has clients
in eleven countries including the U.S. NeoNet has over 65 employees with
offices in Stockholm and New York and is listed on Stockholmsbörsen.

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