Business Services Industry

Swedish IT consultant Thalamus Networks AB divests Fiberdata Integration AB

Nordic Business Report, April 4, 2008

NORDIC BUSINESS REPORT-4 April 2008-Swedish IT consultant Thalamus Networks AB divests Fiberdata Integration AB(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Swedish IT and infrastructure consultant Thalamus Networks AB (OMX Stockholm: THAL B) announced on Friday (4 April) that it has agreed to sell its subsidiary Fiberdata Integration AB to Rivermen AB, part of Sweden Carnica Group.

The sales price was not disclosed, but according to Thalamus Networks the transaction will result in a loss of approximately SEK4m.

The divestment is part of Thalamus Networks' strategy to streamline its operations and to focus on consulting.

Thalamus Networks, headquartered in Bromma, Sweden, provides IT infrastructure consulting, IT operating and help desk services. The company has 120 employees and reported a turnover of SEK275m in 2007.

One British pound (GBP) is worth approximately 11.85 Swedish kronor (SEK).

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