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Technology Stocks : Ericsson overlook?
ERIC 9.325-1.8%Nov 19 3:59 PM EST

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To: Mika Kukkanen who wrote (4735)5/30/2001 12:29:02 AM
From: len bt  Read Replies (1) of 5390
 
ERICY has a little known side interest in telemedicine.
IMO it might be worth doing some DD on a little known company that ERICY has a tie with called
CYBR.

March 16, 2001: CYBER-CARE, Inc. (Nasdaq:CYBR) announced that its Swedish subsidiary, CyberEuroCare AB, has signed a letter of intent with Alleato AB, a Swedish company owned by Swedish telecom company Ericsson, Swedish insurance group Skandia and Huddinge University Hospital, to form CyberEuroCare Nordic AB to market and sell the Electronic HouseCall® (EHC) System in the Nordic region (Sweden, Denmark, Finland, Norway and Iceland).

It is anticipated that Alleato will acquire a 30% share in CyberEuroCare NordicAB. In addition, as part of the anticipated joint venture, the parties would develop a co-branding methodology for Alleato sales in the Nordic region. Cyber-Care has begun the process of seeking regulatory approval for distributing the EHC System throughout Europe, including the Nordic region.

Below are a few links that might prove helpful.

cyber-care.net

salliemae.tripod.com

len
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