Congratulations Tehcnor share holders. News today means we are through the wall.
April, 23, 1999
Technor Announces Implementation Agreement for the CellPoint System in
Sweden with NetCom's Swedish Operator Tele2
APRIL 23, 1999; STOCKHOLM, SWEDEN--Technor International Inc. (NASD OTC BB: TNOR)has signed an agreement with Tele2 in Sweden for implementation of services built on the company's CellPoint GSM positioning technology. The "CellPoint System" uses unmodified
cellular networks to determine the position of unmodified handheld mobile phones. The first services are targeted for transport companies, service and sales organizations, with further services on the way. Details of the agreement will be announced at an upcoming press conference to be held in Stockholm May 5th.
Lars-Johan Jarnheimer, President of Tele2, says "The unique thing about this System and associated services is that they are built on an already-proven technology and that the services will be priced affordably enough for everybody to be able to use them."
Peter Henricsson, Chairman of Technor and subsidiary CellPoint Systems, says "We have been operational in South Africa for almost three years and see this as a stepping stone to make the CellPoint System available to all of Europe by closing agreements with the European cellular operators." The CellPoint System has been fully functional in Tele2's entire network in Sweden since the fall of 1998.
"This is the first launch in a series of services that are built on positioning of cellular phones," says Jarnheimer. He continues "The follow-on services are aimed mostly toward private individuals and
will give people enhanced information and a safer, more secure life."
NetCom AB is a leading telecommunications company in Scandinavia. The Company was formed in 1993. It is engaged in GSM cellular business operations using the brand names of Comviq and Tele2.Mobil in Sweden, NetCom ASA in Norway and through affiliate Ritabell in Estonia. In the
areas of public telecommunications, data communication services and Internet, NetCom operates Tele2 in Sweden, Tele2 A/S in Denmark and Tele2 Norge AS in Norway. NetCom also operates NätTeknik and Datametrix, specializing in systems integration, and Kabelvision, a Swedish cable TV services company. NetCom is listed both on the Stockholm Stock Exchange under the symbols NCOMA and NCOMB and on the Nasdaq (Nasdaq: NECS).
Technor is a US company publicly traded on the NASD OTC Electronic Bulletin Board under the symbol TNOR. Technor filed their Form 10SB in December and intends to qualify for trading on the NASD Small Cap market upon acceptance of the Form 10 as a 34 Act Reporting Company.
Technor focuses on the worldwide application of the company's proprietary CellPoint technology for GSM communication, positioning and telematics.
For more information, please contact:
Technor International Inc.
Tel: +46 8 5947 4900
Fax: +46 8 35 87 90
info@technorinc.com
technorinc.com
Tele2 AB/NetCom AB
NetCom Medial Relations
+46 8 5626 4626 (24 hours)
tele2.se
netcom.se
North American Enquiries:
Anthony J. Castagno
ajc@rowe-group.com
877-880-1195 |
