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Den norske Bank Norway Deal Expands Razorfish's Global Financial Services Presence.


Business/Technology Editors

NEW YORK--(BUSINESS WIRE)--July 10, 2000

Razorfish (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: RAZF), the global digital solutions provider, today announced that Den norske Bank Den norske Bank or DnB was a Norwegian bank that existed between 1990 and 2003 when it merged with Gjensidige NOR to form the present DnB NOR. The bank's headquarters were in Bergen, Norway.  ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and , Norway's leading financial institution, has appointed Razorfish as its partner in the strategic development of a new and improved online financial service.

Razorfish is a global leader in strategy, design and technology consulting for digital technology. The DnB relationship is the latest in a long list of strategic relationships with financial institutions to create global online financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
. Other partnerships include NatWest, Bankers Trust The Bankers Trust is a historic American banking organisation that was acquired by Deutsche Bank in 1998.

It was originally set up when banks could not perform trust company services.
, Charles Schwab, Euromoney, Identrus and Price Waterhouse.

"As Norway's leading distributor of online financial services, we have a focus on further strengthening our position in the Norwegian market for digital services," said Nikolai Stefanovich, director of development of electronic services, Den norske Bank. "Our partnership with Razorfish is part of this strategic development."

"Razorfish will support us in our effort to improve the range of financial services we offer our customers and will help us realize our e-business goals," said Heidi Skaaret, who is responsible for Den norske Bank's existing website, www.dnb.no. "DnB places special importance on Razorfish's professionalism and ability to make an overall assessment of digital opportunities, and the company's special expertise within design, strategy and technology competencies."

"We look at the partnership with Den norske Bank as a promising and exciting relationship with a participant in the global financial services market," said Anders Eriksson, operation manager for Razorfish's European offices. "Den norske Bank has ambitious goals set for their future presence in the digital market and we're looking forward to being a part of this strategic development."

About Razorfish:

Founded in 1995, Razorfish, Inc. leverages digital technologies to help companies invent and reinvent the way they do business. The company delivers a complete set of end-to-end solutions including strategy, design, and technology services across platforms, devices, and networks. With offices in Amsterdam, Boston, Frankfurt, Hamburg, Helsinki, Los Angeles, London, Milan, New York Milan is a town in Dutchess County, New York, United States. The Town of Milan is in the northern part of the county. History
The area that comprises Milan today was the western part of the Little Nine Partners Patent of 1706.
, Oslo, San Francisco, Stockholm, and Tokyo, Razorfish employs more than 1,800 people and is headquartered in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
. Recent Razorfish clients include Nissan, Nokia, Excite, Vodafone Airtouch, and Charles Schwab. For further information visit: www.razorfish.com

About Den norske Bank ASA:

Den norske Bank ASA is the banking operations of Norways leading financial institution, DnB Holding ASA. Den norske Bank serves private individuals, companies, organisations and the public sector. Den norske Bank merged with state owned Postbanken in December 1999. A network of 133 domestic branches, 900 post offices and 2,400 rural postmen, in addition to electronic channels, serves Den norske Bank's customers in Norway. International branches are located in London, New York, Singapore, Hamburg, Copenhagen and Stockholm. The DnB Holding share, is traded on the Oslo Stock Exchange Oslo Stock Exchange

An exchange founded in 1819 and trading stocks, bonds, and stock options that is considered the options market of Norway.
 under the ticker `DNB'.

Forward-Looking Statement forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 Disclaimer:

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statements Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Certain statements made in this press release are not statements of historical fact and may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that a number of risks and factors could cause actual events to differ materially from those indicated in the "forward-looking statements." Such risk factors include, without limitation, the Company's ability to successfully integrate acquisitions, manage our growth and international operations effectively, compete in a highly competitive market, retain our professionals and other risk factors identified from time-to-time in our filings with the Securities and Exchange Commission.
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Publication:Business Wire
Geographic Code:1USA
Date:Jul 10, 2000
Words:576
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