Effnet Strengthens its Position within the Satellite Industry

"We are very pleased to strengthen our position as a supplier to the satellite industry and this is an important step in our continued efforts to build a portfolio of long-term contracts with recurring revenue streams." says Hans Runesten, Managing Director, Effnet AB, and CEO, Effnet Holding AB.

The integration of Effnet's IP Header Compression software into Paradise's satellite modems will offer government and telecom operators the opportunity to benefit from significantly more efficient delivery of IP based services such as voice over IP (VoIP) and multimedia services thereby offering opportunities to increase revenues as well as cutting costs.

"This deal demonstrates our commitment to incorporate the best technology available into our satellite modems in order to benefit our customers by utilising satellite transponder bandwidth in an as efficient manner as possible." commented John Restivo, CEO of Paradise Datacom Ltd."

About Effnet AB and Effnet Holding AB (publ)

Effnet AB, a wholly owned subsidiary of Effnet Holding AB (publ), is a world leader in the area of IP Header Compression. Effnet develops and sells embedded software that increases the efficiency, speed and quality of IP traffic in fixed, mobile and satellite networks. For more information about Effnet and more information about IP Header Compression please visit www.effnet.com. Effnet Holding AB (publ) is traded on the First North list of the Stockholm Stock Exchange, under the ticker EFFN and its certified adviser is Remium (www.remium.com). For further information about Effnet Holding AB (publ), please visit www.effnetholding.se.

About Paradise Datacom Ltd

Paradise Datacom, with manufacturing plants in the UK and the US, is a leading supplier of Satcom equipment solutions and offers a comprehensive array of ground equipment, including Satellite Modems, Solid State Power Amplifiers, Low Noise Amplifiers, Block Up Converters and Transceivers. For further information about Paradise Datacom Ltd., please visit www.paradisedata.com. Paradise Datacom is part of Intelek Plc, a company listed on the AIM in the UK under the ticker ITK. For further information about Intelek Plc, please visit www.intelek.plc.uk.

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