The Pricer Rights Issue for US$ 20M Fully Subscribed

Business Wire, Dec 9, 1999

UPPSALA, Sweden--(Business Wire)--Dec. 9, 1999--

The rights issue in Pricer AB (publ) has been completed successfully and Pricer is provided with 170 MSEK, (about US$ 20m) before issue costs. After the rights issue, the number of shares in Pricer amounts to 238 558 985, divided into 2 313 655 series A shares and 236 245 330 series B shares. Information regarding allocation of subscriptions without preferential rights will be released in week 50.

Pricer AB, founded in Uppsala, Sweden, in 1991 has built a leading position in the growing market of electronic price information and information systems for the retail trade. Through the co-operation with Intactix International Inc, the world leader in space management, Pricer has built a strong platform for future growth. Pricer offers integrated IT solutions such as electronic price and information systems, application software and consulting services to substantially improve consumer value and satisfaction and increase the profitability of retailers and their suppliers. The share is listed on OM Stockholm Stock Exchange. Market cap amounts to about US$ 75m.

For more about Pricer, please visit our web site at www.pricer.se