NeoNet Expands with Frankfurt Sales Office

Stockholm, 26 June 2003 - NeoNet, an international agency brokerage providing efficient electronic equity execution services for the institutional investor industry, today announced that it has established a sales and representation office in Frankfurt to focus on strengthening its sales effort in Germany, Austria and Switzerland.

"Frankfurt is a key financial center in Europe and NeoNet is committed to this important market," said Torvald Bohlin, CEO of NeoNet. "The Frankfurt office will facilitate improved representation for our clients in Germany, Austria and Switzerland and enable NeoNet to further explore the potential of these prioritized countries."

Alexandra Trinbacher has been appointed Sales Executive to establish the office and brings extensive experience from senior sales and account management within the capital markets industry. Previous roles have included Senior Account Manager responsible for OM Jiway's Frankfurt sales office and Account Manager at the Vienna Stock Exchange.

NeoNet clients can execute on the world's leading equity marketplaces, thus consolidating European and U.S. trading strategies and eliminating the need for several different brokers and systems for trading on multiple exchanges. Client can also trade over NeoNet's international trading desk. NeoNet offers electronic execution services on the NASDAQ, London, Frankfurt, Paris, Amsterdam, Brussels, Milan, Stockholm, Helsinki, Copenhagen and Oslo stock exchange. Clients can now also trade on NYSE and Amex over NeoNet's international trading desk. NeoNet already has offices in New York, London and Stockholm.

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