Nocom Restructures Operations in Norway

Nocom Restructures Operations in Norway Nocom has decided to focus its Norwegian operations on sales via dealers and partners. In conjunction with this, an action program will be implemented to reduce costs. The personnel staff will be scaled down from 16 to seven persons. "We have decided to fully concentrate on indirect sales of licenses and the provision of associated services such as support, training and professional services. At the same time, we will implement an action program to improve efficiency and profitability," says Peter Lämber, managing director for Nocom Partner Network "Moreover, we are complementing and renewing our product portfolio in Norway. Our many years in the market and our good relations with market- leading suppliers give us a stable foundation on which to build further." Nocom Partner Network is a part of Nocom AB, which provides IT solutions to dealers and partners encompassing software, services and training. Nocom Partner Network is strongly positioned in the Nordic region with approximately 1,100 dealer agreements. After nearly twelve years in the Norwegian market, the company has solid business relations with many Norwegian partners and dealers. For more information, please contact: Stefan Skarin, CEO, Nocom cell: +46 708-65 10 05 e-mail: stefan.skarin@nocom.se Peter Lämber, Managing Director, Nocom Partner Network cell: +46 708-65 53 10 e-mail: lamber@nocom.se Nocom Partner Network AB is a part of the Nocom Group and is a value- adding system distributor of Web-related software in the Nordic market, which is cultivated by approximately 1,100 partners and dealers. Nocom AB (publ) is an IT company with main offices in Uppsala, Sweden. The company provides all-embracing IT solutions - leading software, consulting services and other services in, among other things, hosting, support and training. Nocom's customers are primarily Nordic companies within industry, telecom, commerce, banking and finance. Nocom was founded in 1985 and is listed on the Stockholm Stock Exchange O List (NOCM-B). www.nocom.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/12/12/20011212BIT00160/bit0001.doc http://www.waymaker.net/bitonline/2001/12/12/20011212BIT00160/bit0002.pdf