New members of NeoNet's board: Thord Wilkne and Mats Sundström
9/4/2000 4:28 AM EST
NeoNet offers institutional investors and broker-dealers efficient, secure
and anonymous electronic trading access to multiple securities markets.
NeoNet is focusing on execution through its Electronic Execution Network.
NeoNet is the executing broker and clearing partner for all trades on all
supported markets. By providing flexible, scalable and user-friendly
solutions we help our clients improve their performance and level of
service.
The board of NeoNet is now reinforced with Thord and Mats Sundström. Thord
Wilkne is chairman and co-founder of Swedish IT-supplier WM-data AB, a
leading Nordic supplier of IT-related services. Mats Sundström is chairman
of Swedish Enlight Interactive AB. Both WM-data and Enlight Interactive
are listed on the Stockholm Stock Exchange.
- I am happy to have the possibility to reinforce our board with two
persons who have both technical knowledge and experience of growth
companies as well as quoted companies. NeoNet is well positioned for a
challenging future with great possibilities, says Staffan Persson,
chairman of the board of NeoNet AB.
- By using the fast development of technology NeoNet takes an active part
in the ongoing change of the financial market. It is exciting to be part
of the future expansion of NeoNet, says Thord Wilkne.
- The changes in the structures of the previously national exchanges are
highly topical. One of NeoNet's advantages is the ability to adapt and the
independence from the structure of any market place. It will be
interesting to participate in the development of a company where the
customer benefit is so apparent, says Mats Sundström.
For further information please contact:
Staffan Persson
Chairman of the Board of NeoNet AB (publ)
+46 8 611 00 98
Torvald Bohlin
President and CEO of NeoNet AB (publ)
+46 8 454 15 39
+46 70 623 62 60
NeoNet is a leading provider of real time equity execution services for
institutional investors and broker-dealers. Through its Electronic
Execution Network NeoNet provides its clients with efficient, secure and
anonymous access to currently 25% of the equity market capitalization in
Europe. NeoNet focuses on providing single access to multiple securities
markets worldwide.
NeoNet's operating revenues for 1999 was SEK 86.4m with an operating
profit of SEK 12.5m. NeoNet has 58 employees and offices in Stockholm and
New York.
www.neonet.se