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To: P2V who wrote (86)9/22/1999 8:25:00 AM
From: P2V  Read Replies (2) | Respond to of 100
 
Technor Announces Name Change to CellPoint Inc.

Stockholm, September 20 -- Technor International, Inc. (NASD: TNOR) is
announcing a name change to CellPoint Inc. Effective October 4 1999, the
legal name of Technor International, Inc. will be CellPoint Inc.

The timing of the name change has been co-ordinated in preparation for the
Company's move to the NASDAQ market. The Company's new trading symbol will
be CLPT. In early October, Internet stock quote servers will start to show
a message that TNOR is now CLPT, though the timing will vary for different
quote servers as to when the change will take place.

"Many of our shareholders have commented on the value of CellPoint's
international brand name and encouraged the Company to present one unified
name," said Peter Henricsson, Technor's Chairman. "The Company has
responded with the name CellPoint Inc. for the public company, more
reflecting our business and streamlining the Company's commercial and
investment image internationally."

An Information Statement regarding the name change was filed with the
Securities and Exchange Commission in the United States. A majority
stockholder decision confirmed the name change, as required under the laws
of incorporation.

The Company's two websites will remain as they are today at www.cellpt.com
and www.technorinc.com. In the future, Technor's site will be linked
directly into one CellPoint website for the Company and its subsidiaries,
CellPoint Systems AB of Sweden and CellPoint Systems S.A. (Pty) Ltd. of
South Africa.

Annual Meeting and Annual Report
In October, stockholders will be receiving the Company's Annual Report for
the fiscal year ended June 30 1999. The Annual Stockholder's meeting will
be in Stockholm, Sweden this year on November 30th. Further details will
accompany the Annual Report.

"We would like to take this opportunity to thank our stockholders for their
support since Technor's formation and we look forward to an exciting future
together as CellPoint Inc.," said Henricsson.

Technor International is a US company whose CellPoint? System technology
uses the Internet and cellular networks to determine physical locations of
cellular phones and terminals. There are more than 200 million GSM
subscribers worldwide. Technor's CellPoint? system is currently the
world's only operational position-location technology; it is fully
scalable, works with standard GSM phones and WAP phones in unmodified
digital networks requiring no costly overlays, and can be coordinated
worldwide from a remote central location.

For more information, please contact:
Technor International Inc. CellPoint Systems North American Inquiries
Tel: +46 8 5449 0000 Hadar Cars, President The Rowe Group
Fax: +46 8 5449 0005 Tel: +46 8 5947 4900 877-880-1195
info@technorinc.com Fax: +46 8 35 87 90 ajc@rowe-group.com
www.technorinc.com info@cellpt.com
Forward-looking statements in this release are made pursuant to the safe
harbor provisions of the Private Securities Litigation Act of 1995.
Actual results may differ materially from those projected in any
forward-looking statement. Investors are cautioned that such
forward-looking statements involve risk and uncertainties which may cause
actual results to differ from those described.

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