Overview

The Swedish Tech Tour 1999

---

The President of the Swedish TT '99 was Magnus Berglind, an investment manager with Telia Business Innovation (TBI), the venture capital arm of Telia AB. TBI establishes new businesses in new markets of strategic importance, thus contributing directly to Telia's business renewal, its growth and profitability. The formation of Telia Business Innovation is based on the conviction that information technology will fundamentally change our society. TBI supports individuals and entrepreneurs with technical competence, business know-how and financing.

Program

---

Wednesday, August 31, 1999 (Stockholm)
Opening dinner at Riddarhuset (House of Nobles)
Keynote speech by US veteran Venture Capitalist Pitch Johnson, founder of Asset Management

Thursday, September 1, 1999 (Stockholm)
Company presentations at Telia Vision Center
Company presentations at Kista Science Park
Company presentations at KTH University
Boat Tour & Special Dinner at Badholmen (private island)

Friday, September 2, 1999 (Gothenburg)
Company presentations at Chalmers Innovation
Company presentations & closing cocktail at Carlstedt Research & Technology

Selection Committee

---

Presenting Companies

---

Sponsors

---

ENSKILDA SECURITIES, founded in 1982, is a wholly-owned subsidiary of Skandinaviska Enskilda Banken, one of the leading banks in the Nordic region. Enskilda Securities provides investment banking and stockbroking services, within clearly defined product ranges, to corporates and institutional investors. With an international presence, reach and distribution they bring a global perspective to their operations. Enskilda Securities' business units comprise Equities, Corporate Finance and Capital Management which encompass their core activities of sales and trading, corporate finance and equity research.

The mission of ERICSSON BUSINESS INNOVATION is to generate business ideas and develop new core competencies that will support Ericsson to be the leading supplier of wireless solutions towards the travel and transport area. Ericsson Business Innovation works in two domains, Location Dependent Services and Intelligent Transport Systems.
Ericsson is facing a completely new business environment. In the near future, datacom, telecom and media will converge into one industry. Traditional products and skills will meet new competitors in a new environment. To face these challenges Ericsson is becoming more innovative and exploring new business areas. Ericsson Business Innovation has been initiated as a support for taking ideas to successful businesses and to actively work with external companies, entrepreneurs, and the venture capital community.

INNOVATIONSKAPITAL was founded in 1994 on the initiative of Chalmers University of Technology and Investment AB Bure in order to invest in start-up and early stage companies. The investment strategy seeks companies who are in the information Science and Healthcare sectors, needing start-up, early-stage or early expansion capital, and based in the Nordic region. Innovationskapital does not provide only finance. They have a broad industrial and international experience in the market segments. This enables them to participate fully in the development of the company. Additionally, they have an extensive range of contacts in research centers, universities, industry, banks, and international financial institutions, most of which become critical as the company develops. When they invest, they start the process of building a partnership with the entrepreneur with the mutual objective of creating a large and successful international business.

NOVARE KAPITAL is a venture capital company focusing on minority investments in small, fast-growing companies in the Nordic region, specifically in the fields of information technology, healthcare and production rationalization technologies. The business idea is to strengthen the growth possibilities in companies with a clear development potential by injecting fresh capital and taking an active part as a long-term minority owner. At the moment, Novare has 23 companies in its portfolio. Novare Kapital is a wholly-owned subsidiary of Investor AB.      

ÖHRLINGS PRICEWATERHOUSECOOPERS is the Swedish division of PricewaterhouseCoopers. Drawing on the talents of more than 140,000 people in 152 countries, PricewaterhouseCoopers, formed by the merger of Price Waterhouse and Coopers & Lybrand, provides a full range of business advisory services to leading global, national and local companies and institutions. These services include audit, accounting and tax advice; management, information technology and human resources consulting; financial advisory services including mergers & acquisitions, business recovery, project finance and litigation support; business process outsourcing services; and legal advice through a global network of affiliated law firms. They have organized industry-focused teams to provide multi-disciplined services to 22 industries globally.

SCHÜRMANN & GRÖNBERG ADVOKATBYRÅ (formerly G Grönberg Advokatbyrå) was established in 1928 and has since then become one of the leading law firms focused on business law in general. In 1998, the law firm merged with Schürmann & Partners, one of Germany's leading law firms with vast experience in commercial law. With offices throughout Europe and the US, their international capability is extensive and makes them well equipped to handle all sorts of cross-border transactions and investments. Their largest office is situated in Frankfurt and they are a Partner-Company of Neuer Markt.

SEB is one of the leading financial institutions in the Nordic area. At the end of 1998 SEB had total assets of SEK 690 billion. SEB is a full service commercial and investment bank (through its subsidiary Enskilda Securities) with representation in 20 countries. SEB is also the largest asset manager in the Nordic area with SEK 500 billion under management at the end of 1998. In Sweden, SEB has 215 branch offices and is the leading bank regarding banking over the Internet. It has approximately 12,000 employees.
SEB has an increasing focus on certain emerging technology industries showing high growth and in particular IT and telecommunications. SEB's ambition is to become a partner to interesting Nordic companies in these sectors and can offer a full range of banking services, including funding (loans and equity from our own private equity fund), domestic and international cash management as well as treasury and risk management.

SG COWEN INTERNATIONAL L.P. is an SFA-regulated affiliate of SG Cowen Securities Corporation, an integrated, full-service US securities and investment banking firm focused on select emerging growth industries such as technology, health care, telecommunications, media/entertainment, gaming & lodging, and packaging. This focus provides SG Cowen professionals with a keen insight into the trends and issues impacting these industries, and enables us to provide innovative financing and investment solutions to corporate clients and institutional and individual investors worldwide. In the US, SG Cowen and its parent, Société Générale, offer a full range of investment and commercial banking, treasury, financial advisory, execution, and industry services. As a member of Société Générale Group, SG Cowen also has the international reach to introduce clients to the global banking services and capital resources of the Group.
SG Cowen has over 2,000 employees worldwide with offices in 7 countries. Société Générale has over 50,000 employees in 80 countries.

SJÄTTE AP FONDEN VENTURE CAPITAL

SPENCER STUART & ASSOCIATES is one of the largest consulting international consulting firms dedicated to senior-level executive search and board director appointments. Their 51 offices are located in strategic markets in 24 countries throughout the world. Their Global High Technology Practice comprises over 50 industry specialists operating from 29 offices worldwide including a high technology office in the Silicon Valley. These consultants have been rated the best in their respective fields of expertise by an independent research organization. Collectively, these consultants have a wealth of previous operating management and consulting experience within the high-technology industry and they leverage this experience as advisors and consultants throughout the search process. They assist both global, multinational corporations and early stage pre-IPO start-up companies in defining the search need, formulating a strategy to identify the best qualified candidates and then filtering them and assisting in the final negotiations with the selected candidate. Their extensive research into the management needs of both web-enhanced and web-centric organizations have positioned Spencer Stuart as the leading Global Executive Search firm for the internet age.

TELENOR VENTURE was established on 10 November 1992, initially under the name of Televenture AS. Telenor Venture's business concept is to promote the growth of telecommunications and IT-based companies by providing venture capital, expertise and collaborative networks. They regard active ownership in the form of participation on the board and in strategy development as well as periodic supervision as a natural part of our business commitment. Telenor Venture works to establish links between industry and innovators within IT and telecommunications. In many ways, spin-off benefits from the essence of our activities.

TELIA BUSINESS INNOVATION brings together technological opportunities and venture capital. Utilizing venture capital mechanisms, they invest in innovations and assist entrepreneurs in developing ideas and business operations. As an independent joint-stock company within Telia, they establish new business operations in areas that are of strategic importance for Telia. Information-based telecom services are therefore the scope for investments.
Telia Business Innovation invests at the concept, start-up and growth phases. They offer expanding companies financial support through venture capital funds. Their Venture Lab "greenhouse" invests in recently launched companies and entrepreneurs who are in the process of starting up companies. The Renewal Program steers ideas from the early stage into feasible investment projects.
To promote a greater flow of business proposals and to interest US companies in using Scandinavia as a test market, they have established Telia Silicon Valley in Menlo Park. The office monitors technology, trends and business developments in their field.

VISION CAPITAL is a Trans-Atlantic technology fund structured to provide investment and growth capital for companies with products and technologies appropriate for rapid expansion into global markets. Vision targets European based technology companies who are seeking to enter the US capital and product markets and US companies with premier venture backing seeking to enter the European market. The Fund has an established network of partners and investors in Europe and the US to execute this Trans-Atlantic investment strategy.

VOLVO TECHNOLOGY TRANSFER AB invests in start-ups, preferably based on technologies or services within areas related to the Volvo businesses. Business ideas with a connection to Volvo's business areas or technologies are given the best possible support by VTT thanks to the competence and the customers of Volvo. The industrial credibility of Volvo has also a supporting effect to the business development in the companies in which VTT invests. Examples of areas of interest to VTT include: Infocom in mobile environments, Electronics in mobile environments, Conversion of energy and environmental technologies, and Security/Man-machine interface.