PRESS RELEASE
19 February 1996
Swedish IT developer in USD 5 million
rights issue - Nasdaq trading by 1997

Beslutsmodeller AB (BAB), parent company to the Scala Group, is to initiate a targeted rights issue valued at USD 5 million. The issue will be followed by a Reuter Notation within the next six to twelve months and represents the first step towards stock market floatation. Ideally, this will be made on the Nasdaq with trading of BAB stock begun by the end of 1997. The Scala Group recorded earnings in 1995 of USD 85 million on a rapidly expanding market.

Swedish based IES corporation, Beslutsmodeller AB (BAB), parent company to the Scala Group, has reaped huge international success with its Scala business administration system for local and global operations. World-wide, the program is used by more than 13,500 national and multi-national corporations in over 90 countries. Now, President and CEO, Per-Olof Myrén, is to take his company to the market.
”We’re aiming to consolidate our international position through the acquisition of our most important partners in the United States, England, Germany, Benelux, Austria, Switzerland and China. And I don’t rule out a second rights issue within the next twelve months”, he says.
Last autumn, BAB acquired companies in Singapore, Malaysia and Indonesia through a string of targeted issues which ensured that capital input was channelled into developing and strengthening the Scala product and its position on those markets.
For the current issue, BAB has chosen Servisen Corporate Finance as broker. The company has a strong track record of IT stock placement, recently completing a Reuter notation of Swedish software developer Trio International which has led to an explosive share value growth on par with that seen by Netscape on the Nasdaq in 1995.
The Scala Group, a network of partners active in 55 countries, recorded earnings of approx. USD 85 million in 1995, an increase of more than 25 per cent over the previous year. Apart from the strong international demand for multi-national business systems on a market which, according to the Gartner Group, is growing at between 30 - 40 per cent annually, this earnings growth has come about through the sales of Scala systems to a number of large multi-national companies. These include ABB, General Motors, PepsiCo., Ericsson and Nokia. Other big name customers include Del Computer, Mercedes, Samsung, airlines including SAS and Swissair, General Motors, Swire Pacific International and the International Federation of Red Cross (IFRC).
Currently, Scala offers both PC and Unix based standard versions for accounting and financial control in more than 30 languages and currencies. Its modular structure and adaptation to local accounting require-ments and taxation systems allows processing to world-wide corporate standards in flexible environments. And the next generation Scala is already under way.
BAB is currently strengthening its Scala development organization by establishing a new R & D center in Poone, India. Expansion of the company’s Swedish operations has also been made. This means that, by this spring, more than 100 people will be working in Sweden, India and Hungary on Scala program development and development of the next generation accounting and business management software system program, Polaris.


For further information contact:
Carl-Daniel Norenberg
Director of Marketing and Public Relations
Beslutsmodeller AB
Tel: +46 8 601 08 00/03
Fax: +46 8 718 47 51
e-mail: carl-daniel_norenberg@bab-mail,ccmail,compuserve,com
Internet:http://www.scala.se


Ulf Wahlstedt, director, Servisen Corporate Finance AB
Tel: +46 8 701 09 00
Fax: +46 8 679 77 22
e-mail: u.Wahlstedt@ervisen.se