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Framfab to Sell Dimac AB - Again.


Business Editors/High Tech Writers

STOCKHOLM, Sweden--(BUSINESS WIRE)--Oct. 3, 2001

On 4 July, Framfab entered into a contract relating to the sale of software company Dimac AB to Dropside Technologies Limited. However, Dropside has failed to fulfil its undertakings in accordance with this contract. Consequently, Framfab has found a new buyer for Dimac AB.

Today, Framfab has entered into an agreement relating to the sale of shares in Dimac AB to Jonas Hedberg, who has plenty of experience of the information technology industry.

"We are really pleased that we have found a good solution for Dimac so quickly, and we are very happy with the new buyer, Jonas Hedberg," says Johan Wall, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Framfab.

Framfab is a leading supplier of consulting services and business solutions based on Internet technologies. Its customers primarily include large international enterprises such as 3M, AstraZeneca, AXA AXA Anguilla, Anguilla (Airport Code)
AXA Alpha Chi Alpha
AXA Animal Crossing Ahead (online forum community/guide to the game Animal Crossing)
AXA Auxiliary Artery
, Bosch, Danske Bank, Electrolux, Ericsson, Hydro Texaco, I K E A, Kellogg's, Maersk Sealand, McDonalds, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98).

NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd.
 Packard-Bell, Nike Europe, Orange, Philips, Postgirot, Postbank, Quelle Versicherungen, SAAB SAAB Svenska Aeroplan Aktiebolaget (Swedish Aeroplane Corporation; auto/aircraft manufacturer)
SAAB Student-Athlete Advisory Board
SAAB Student African American Brotherhood
SAAB South African Association of Botanists
, Shell, Volvo Car Corporation, Volvo Group and UBS. Framfab operates in Denmark, France, Germany, the Netherlands, Sweden, and the UK. The company is listed on the Stockholm Stock Exchange's Attract 40 list (ticker FTID FTID Financial Times Interactive Data ). For more information go to: www.framfab.com.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:4EXNO
Date:Oct 3, 2001
Words:212
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