Wireless Maingate, the leading Scandinavian player in the machine-to-
machine market (M2M), is to receive SEK 80 million from a new share
issue to BrainHeart Capital and Catella. Since this past summer a total
of SEK 110 million has been invested in Maingate.

Maingate specializes in business-like communication with machines,
apparatus and other equipment. The company offers customized
communication solutions to customers like Vattenfall, Securitas Direct,
the Swedish Post Office and Preem. Today Maingate operates customer
applications in the Scandinavian markets.

"The new capital makes it possible for us to fulfill our plans to
reinforce Maingate's position as the leading player in the M2M market,"
says Anders Ericsson, president of Wireless Maingate. "The financing is
enough for us to get a positive cash flow, which will be by the end of
this year."

The new share issue makes BrainHeart Capital the largest shareholder in
Maingate by almost half of the stock. Catella Kapitalförvaltning is a
new, additional shareholder. The other shareholders are MVI, Telia and
the founders.

"Maingate proved its competitiveness last year in a number of
interesting deals. Its product offering combined with solid competence
is an extremely good starting point for Maingate to strengthen its
position as the dominating supplier in the M2M field," says Sigrun
Hjelmquist of BrainHeart Capital.

For more information, please contact:
Anders Ericsson, VD Wireless Maingate AB, tel: +46 703 20 14 14
Sigrun Hjelmquist, Brainheart Capital AB, tel: +46 733 77 99 14

Facts about Maingate
Maingate has their head office in Karlskrona, Sweden, where also
development and operations is placed. The sales offices are in Stockholm
and Oslo. Maingate owners are BrainHeart Capital, Telia AB, Catella, MVI
(Merchant Venture Investment) and the founders. Maingate has a total of
61 employees in Scandinavia.

Wireless Maingate AB
Amiralitetstorget 3, Box 244
371 24 Karlskrona
Tel: 0455-36 37 00
www.maingate.se

Facts about BrainHeart Capital

BrainHeart Capital is an industrial venture capital company entirely
focused on investments in new wireless IT enterprises in Scandinavia.
Its fund is one of the largest in Europe to exclusively invest in the
wireless sector. Investments are in all phases from seed level to larger
buy-outs and company reconstruction in three main areas: Industrial
Wireless Applications, Virtual Wireless Operators and WISP:s (Wireless
ISP:s).

BrainHeart Capital AB
Skeppsbron 44, P.O Box 1238