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Entra is a new member of WAP Forum

(September 7, 1999) - Entra Data AB is the first company within the area of IT for banking and finance to be awarded a membership in WAP Forum.

Entra is in co-operation with TietoEnator and Sonera in Finland developing a secure, mobile banking service application for Leonia Bank, the second largest bank in Finland. The service is built on WAP and a security solution based on PKI (Public Key Infrastructure).

As a separate project, Entra Wireless Solutions (EWS) will in short announce mobile Internet-services based on WAP, as yet another interface to Entra's solutions, e.g. bank, fund and card systems. Examples of these services are banking services, securities trading and different kinds of information services.

The market for mobile communications is expected to grow dramatically during the years to come. The number of mobile telephone users is expected to grow accordingly, from 340 million to almost 1 billion mobile telephone users within 3-5 years. At least 50% of these are expected to have a WAP-device and to be connected to the Internet.

WAP Forum is an international association started by leading telecom operators and manufacturers in order to establish an independent global standard for wireless communications. The association has more than 190 members from all over the world, e.g. Ericsson, Nokia, Motorola, AT& T Wireless Services, Intel Corporation, IBM, Merita Bank, Visa International and Razorfish. "With this membership we ensure being in the forefront of development and further securing our competence in the area", says Ulf Zakariasson, Managing Director of EWS.

Entra Wireless Solutions is a part of Entra Internet Solutions.

For further information contact:

Ulf Zakariasson, Managing Director
Entra Wireless Solutions
Mobile: +46-709-790 790
[email protected]

Christian Schriever-Abeln, Marketing Director
Entra Data AB
Tel: +46-8-59 790 490
Mobile: +46-709-790 490
[email protected]

Entra Data AB is a market leader within IT for Banking and Finance in the Nordic region. Entra develops and supplies IT solutions and consulting services primarily for the financial markets. By providing a broad and attractive product and service selection, Entra constitutes a complete IT partner for companies in these markets. After the merger with the financial operations of the Finnish Company Tieto (now TietoEnator), Entra has about 250 clients and 700 employees. Pro-forma turnover for 1998 amounted to MSEK 601 with an income after financial items of MSEK 118.