Ericsson's Leading Technology Contributes Significantly to Global Sustainable Development

Business Wire, June 22, 2004

STOCKHOLM, Sweden -- Communications technology can help achieve global sustainable development by enabling nations, organizations and individuals to make more efficient use of their resources. As the world's leading telecom supplier, Ericsson (NASDAQ:ERICY) can make a significant contribution to this development.

In order to improve sustainability and reduce energy consumption, information and communication technology is one of the key drivers. Continuous enhancement of energy efficiency is one way to become even more sustainable. Through our leadership in communications technology, Ericsson continues to improve quality of life and a more resource-efficient world.

Integrity and ethics has always been a significant part in the way Ericsson conducts business. Ericsson continues to further strengthen this through its Code of Business Ethics and Conduct, which is aimed toward all its employees.

During 2003, Ericsson Response(TM) assisted in a number of disaster relief operations, including the earthquake in Bam, Iran, and in the earthquake outside of Alger, Algeria, as well as assisted in the humanitarian operations in Liberia. Also, a number of corporate citizenship programs are running in most markets Ericsson is present.

The Ericsson Sustainability Report 2003 can be found at www.ericsson.com/sustainability.> Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.

Read more at http://www.ericsson.com/press