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Cell Network AS Voted Best IT Company of the Year in Estonia.


Business Editors & High Tech Writers

STOCKHOLM, Sweden--(BUSINESS WIRE)--Sept. 5, 2001

This is the third year in a row that Cell Network AS has topped the list of Estonia's most profitable IT companies. The survey is carried out annually by Estonia's leading financial paper, Aripaev, a wholly-owned subsidiary of Dagens Industri Dagens Industri (often referred to as DI) is a financial newspaper in tabloid format and the most profitable daily newspaper in Sweden. It was founded in 1976 with two issues a week. In 1983 it increased its periodicity to five issues and in 1990 to six. .

Cell Network AS, formerly Assert AS, is a wholly-owned subsidiary of the Cell Network group, operating mostly within data consulting, systems solutions and integration of IT equipment.

"The strategy for maintaining our strong position is to continue working locally at the same time as focusing further on integrating our operation with the rest of the group. We are also refining refining, any of various processes for separating impurities from crude or semifinished materials. It includes the finer processes of metallurgy, the fractional distillation of petroleum into its commercial products, and the purifying of cane, beet, and maple sugar  and strengthening our skills and our offering," says Niilo Saard, MD of Cell Network AS.

The six parameters in the survey are: turnover, growth, net profits, profit growth, net margins, and rate of return. Cell Network AS is the overall winner in all categories. The results are published in a special edition of Aripaev with tables of all the companies that qualified in the survey. In second place was AS Microlink Susteemid, and third was AS ABO ABO

See: Accumulated Benefit Obligation
 Base Systems.

Some seventy staff work in the offices in Tallinn and the university town of Tartu. Among the customers of Cell Network AS are Estland Bank of Estonia The Bank of Estonia (Estonian: Eesti Pank), is the central bank of Estonia, which is a member of the European Union organisation and the European System of Central Banks. The bank issues the Estonian currency, the kroon. , Estonian Telecom, Estonian Air Estonian Air is an airline based in Tallinn, Estonia. It is a regional airline feeding into the Scandinavian Airlines System (SAS) network via Stockholm, Oslo and Copenhagen from Tallinn, Estonia. , US Embassy, Tartu University, Price Waterhouse & Coopers and the Estonian Cabinet Office and Ministries. Customers in Sweden include BanquIT, and Ericsson Radio Access, and in Finland the Tieto Corporation.

Note to Editors: This information was brought to you by Waymaker http://www.waymaker.net. The following files are available for download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. : http://www.waymaker.net/bitonline/2001/09/05/20010905BIT00430/bit0002.doc http://www.waymaker.net/bitonline/2001/09/05/20010905BIT00430/bit0002.pdf
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Publication:Business Wire
Date:Sep 5, 2001
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