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Year-End Report for 2004

Increased Sales and Improved Result
- Repositioning Program Completed

Full Year

• Net sales increased by 19 percent to SEK 656 (549) million.
• Profit/loss after tax improved to SEK -6 (-42) million, equivalent to earnings per
  share of SEK -0.02 (-0.16).
• Operating profit, excluding items affecting comparability, improved by SEK 50
  million to SEK 18 (-32) million.
• Cash flow from operating activities improved by SEK 60 million to SEK 26 (-34)
  million.
• Implemented focus on the OSE software family, which involved cost reductions and
  a move to a more volumebased revenue model.
• Transformation to a market-oriented global software company with local consulting
  focusing on telecommunications is ongoing.

Fourth Quarter

• Net Sales increased with 11 percent to SEK 186 (167) million, compared to same
  period previous year.
• Operating profit, excluding items affecting comparability, increased by SEK 11
  million to SEK 12 (1) million.
• Operating margin excluding items affecting comparability increased to 7 (0) percent.
• Software revenues for OSE licenses increased to SEK 66 (54) million with positive
  result.
• The streamlining program was completed with divestment of Enea Redina AB to
  Guide Konsult Stockholm AB.