Press Release

AU-System Delivers Solution for Mobile Banking Services in Singapore

Stockholm, Sweden - May 17, 2001 - AU-System and Sun Microsystems have delivered a solution for mobile banking services to DBS Bank in Singapore, the largest banking group in Southeast Asia. Sun has delivered the hardware and AU-System has licensed and implemented the AUS WAP Browser with authentication and encryption in accordance with the security standard WTLS class 2.

This solution is another good example of the broad potential of WAP, says Christer Bj�rk, Business Area Manager at AU-System. Our WAP browser provides a customisable and secure platform for a wide range of mobile services.

The customers of DBS Bank can do their banking services, for example transfer money and pay bills, via their Palm Pilot PDAs. The WAP browser can be downloaded into the PDA directly from the banks web site. The solution offers an alternative to WAP phones for wireless access to Internet-based bank services. The customer can use the infrared port of an ordinary mobile phone to connect the PDA to the Internet.

All product and company names herein are trademarks or registered trademarks of their respective holders.

Media Contacts:
Christer Bj�rk, Business Area Manager
AU-System AB
Tel: +46 70 638 16 01

About AU-System
AU-System is a leading Mobile Internet consultancy. Through the subsidiary SandbergTrygg, the company also offers integrated services for marketing communications. Major clients include Ericsson, Telia, Scania, Nordea and Singapore Telecom. AU-System was established in 1974 and currently employs more than 1,000 staff in offices in Sweden, the U.K., Italy, the U.S., Thailand and Singapore. AU-System is listed on Attract40 of the Stockholm Exchange, under the symbol AUS.
For more information, please visit http://www.ausystem.com.

About AU-System and WAP
AU-System is an active member in the WAP Forum and has participated in the development of the WAP browser used by Ericsson in its terminals. The company also has a distributors agreement with Ericsson, giving AU-System the right to licence the WAP browser to other suppliers of communication devices as the AUS WAP Browser. The browser is compliant with the latest specifications from the WAP Forum and the client list includes companies like Motorola, Samsung, Compaq and LG Electronics. Apart from software licences, AU-System also offers consultancy services such as service development for mobile operators, solutions development, e.g. secure mobile banking and stock trading, and adaptation of the AUS WAP browser to various environments.