NeoNet Ranked as One of the Fastest Growing Companies in Sweden

6/3/2002 3:59 AM EST

NeoNet, a leading provider of real-time equity trading services for
institutional investors and broker-dealers, today announced that the
company was selected as one of the fasted growing companies in Sweden,
ranking third on a list of 66 companies. The list was developed by
Swedish growth consultant Ahrens and the leading Swedish daily newspaper
Svenska Dagbladet.

To qualify for the list, companies had to have an average organic
revenue growth of at least 25 percent, a minimum of 50 employees and
revenues of at least SEK 50 m (approximately EUR 5.5 m USD 5.2 m). The
growth list has been published on a yearly basis since 1993.

NeoNet's revenue for last year was SEK 190 m and has since the inception
in 1996 showed a profitable average yearly growth rate of 108.5 percent
according to Ahrens' definition.

NeoNet's trading service provides institutional investors and broker-
dealers worldwide with increased sources of liquidity and access to
cross-border trading functionality. NeoNet offers consolidated
electronic trading access to the following stock exchanges: NASDAQ,
London, Paris, Amsterdam, Brussels, Frankfurt, Stockholm, Helsinki,
Copenhagen and Oslo.


For further information, please contact:
Torvald Bohlin Thomas Ahrens
CEO of NeoNet CEO of Ahrens Rapid Growth
Tel. + 46 8 454 15 39 +46 708 791 100
   


[REMOVED GRAPHICS]
NeoNet provides institutional investors and broker-dealers with an
exchange network for electronic trading on the world's leading stock
exchanges. The NeoNet system gives clients an efficient tool for real-
time equity execution on the connected stock exchanges. Through NeoNet,
clients experience trading access to one third of the world's equity
market capitalization. Focused on providing a single point of access to
multiple equity markets worldwide, NeoNet has 78 employees with offices
in Stockholm and New York, is listed on the Stockholm Stock Exchange
(short name NEO), and has clients in eleven countries including the U.S.
and U.K.

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