FURTHER IMPROVEMENTS IN OPERATING RESULT DURING Q3 – CONTINUED POSITIVE DEVELOPMENT AMONG THE FOREIGN HOLDINGS

AB Novestra expects further improvements in the operating result during the current quarter, partly as a result of the company’s advisory activities. Simultaneously, the strong sales and profit development in Explorica, Inc., MyPublisher, Inc., Strax Holdings, Inc. as well as in the holdings owned through Continuum Group Ltd, i.e. Bibit Billing Services B.V. and Speedera Networks, Inc., continues.

“The development in our portfolio companies combined with a more efficient use of our resources create better conditions, together with a larger capital base, to be able to deliver good value growth to our shareholders. Positive development among our portfolio companies makes it possible for us to focus our resources on new investments. We are pleased to have secured enough capital to enable us to take advantage of a number of new investment possibilities that we have evaluated,” Novestra’s Managing Director, Peter Ekelund, says.

For further information please contact Mr Peter Ekelund, Managing Director, phone No. +46 8 545 017 50.

About AB Novestra
Novestra is an independent venture capital investment company with focus on investments in growth companies in the U.S. and Sweden. Novestra’s portfolio of companies includes Explorica, Inc., MyPublisher, Inc., Netsurvey AB, Qbranch AB and Strax Holdings, Inc. as well as the co-investment vehicle Continuum Group Ltd. In addition, Novestra has minor holdings in i.a. DCM AB and Modul 1 Data AB (publ.). Novestra’s shares are listed on the O-List of Stockholmsbörsen.

For information regarding AB Novestra, please see www.novestra.com

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