Correction - Interim Report January - September 2000

Interim Report January-September 2000 Continued strong growth * Turnover increased 31 percent to SEK 151.4 million (115.4). * The number of employees at the end of the period was 225 (138), an increase of 63 percent. * The strategic build-up of services gave a strong sales increase in deployment services and consulting, to SEK 50.2 million (7.5), corresponding to 33 (7) percent of total sales. * Organic growth of almost 35 percent within deployment services and consulting during the third quarter. * Increased volumes of transaction-based business in accordance with future income model. Examples of this are deals with Deutsche Post of Germany, Phoenix International Freight Services Ltd in the US and Asia Pacific Cargo of Hong Kong. The major part of the revenue from these assignments will be realized in the first quarter of 2001 onwards. Focus on mobile Internet generates increased business * During the third quarter, Nocom's investments in the mobile Internet resulted in new, profitable business agreements with Skandiabanken and Braathens, among others. * At the beginning of October, Nocom and Europolitan formed a joint company, MR Mobile Relations AB, to focus on sales of mobile intranet and extranet solutions. * Nocom's software platform for the mobile Internet, Mobilectrl@, was adapted for the strategically important financial and travel sectors with Mobilectrl Finance@ and Mobilectrl Travel@. Issue of new shares ensures continued expansion * The issue of new shares in February provided Nocom with SEK 230 million. * The strong financial position, combined with the build-up of expertise, gives Nocom the necessary prerequisites of taking full advantage of the present market opportunities. Mobile investments and expansion burdened earnings * Operating profit/loss before depreciation was SEK -25.3 million (4.9). * Profit/loss before tax was SEK -37.5 million (1.9). * The substantial investments in technology, market and organization, approximately SEK 30 million, burdened profits according to plan. Acquisitions resulted in leading position within e-logistics and supplemented Nocom's complete offering * On August 14, 2000, acquisition from SAS was finalized for 70 percent of TradeVision AB, a global leader in e-logistics. During the first six months of the year, the following companies were acquired: Hera AB in Uppsala, a leading agency for industrial market communication; Interactive-TM AB in Gothenburg; a specialist company in imaging and new media; and Cyberink Information Systems AB in Stockholm, an Internet consulting company. ------------------------------------------------------------ This information was brought to you by BIT The following files are available for download: The full report The full report