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Press Release
Digia Secures 34.8 Million Euros (FIM 207 Million) in Investments

Helsinki -- Dec 12, 2000 -- Digia Oy, a Finnish wireless software company, completed its second financing round securing 34.8 million euros in new investments. Investor AB from Sweden led the round via its wholly-owned subsidiary Investor Growth Capital. The other second round investors are Bayview 2000, Cisco Systems Inc, GE Equity, a private equity arm of GE Capital, Intel and Sony. Eqvitec Partners and Sonera increased their existing share holding in Digia. The total investment is one of the largest investments in a privately-held, Finnish company ever.

Digia provides software and services for the next generation Wireless Information Devices (WIDs), such as Communicators and Smartphones. The company operates as a Symbian Competence Center and a Training Partner. Digia�s mission is to enable Symbian licensees, mobile operators and verticals to meet their time-to-market requirements by shortening the product development cycles.

"We will use this round of investments to help fund product development, heavy recruiting of world-class software developers and other quality IT-people, and international expansion. We are pleased to welcome these new investors while we work to create pioneering technology and products", said Mr. Jari Puhakka, CEO of Digia. Representing the whole 3G value-chain

"Introduction of broadband wireless technologies and IP (Internet Protocol) everywhere will mean changes throughout existing and emerging value-chains", said Mr. Pekka Sivonen, Chairman of the Board and founder of Digia. "We expect to be well positioned to develop wireless network and embedded solutions for the mobile information society in a situation, where technology is at a turning point."

"Recent developments in licensing the 3G spectrum throughout Europe have highlighted the importance of broadband wireless applications and services based on them. Investor Growth Capital believes that Digia is a fore-runner in this rapidly evolving market, and as a company it holds the potential to be well positioned within this emerging ecosystem", said Mr. Anders Gr�n�s, Managing Director of Investor Growth Capital.

"Sonera is aggressively implementing its global service business together with the best talents in the Mobile Internet. We foresee that our investment in Digia helps us to achieve the milestones written in our plans", said Mr. Jari Mielonen, Chief Technology Officer for Sonera Corporation.

"Intel Capital invested to help aid the development of EPOC software supporting the Intel® XScale" microarchitecture", said Gilles Pellet, Director, Sales and Marketing, Communications and Embedded Solutions Sales Group, Intel Europe, Middle East and Africa. "There is a tremendous amount of momentum for OEMs designing products with the Intel XScale microarchitecture on a variety of platforms and Digia is an example of a company that can help make EPOC more widely used for wireless applications."

Robertson Stephens International acted as the exclusive financial advisor to Digia in this second financing round.

About Digia:
Digia provides software solutions for the next generation's Wireless Information Devices (WIDs), such as Communicators and Smartphones. The company operates as a Symbian Competence Center and a Symbian Training Partner, and also produces digital media software and solutions for its clients. For more information:

About Bayview 2000:
Bayview 2000, LP is an employee venture fund of Robertson Stephens.

About Eqvitec Partners:
EQVITEC Partners Ltd is a leading venture capital firm focusing on technology intensive investments enabling mobility. EQVITEC develops primarily Finnish and Nordic technology companies and supports them entering the global marketplace. EQVITEC has made over 25 successful investments in the past two years. For more information:

About GE Equity:
GE Equity is one of the leading providers of equity capital to growing companies. Over the past year, GE Equity has invested over $1.4 billion in growth capital, replacement or secondary capital, buy-outs and buy-ins. GE Equity�s European headquarters are in London, with offices in Milan, Warsaw and Frankfurt. GE Equity�s website is at

GE Capital, with assets of over US$345 billion, is a global, diversified financial services company with 28 specialized businesses. A wholly-owned subsidiary of General Electric Company, GE Capital, based in Stamford, Conn., USA, GE Capital provides equipment management, mid-market and specialized financing, specialty insurance and a variety of consumer services, such as car leasing, home mortgages and credit cards, to businesses and individuals around the world. GE is a diversified manufacturing, technology and services company with operations worldwide. For more information:

About Investor AB:
Investor AB is a long-term active global shareholder in a number of public multinational companies such as Ericsson, AstraZeneca and ABB. In addition, Investor has extensive global private equity operations with over USD 3 billion in assets under management and offices in Stockholm, New York, Palo Alto, Hong Kong and Amsterdam. The total net asset value of Investor AB is approximately USD 20 billion. Investor Growth Capital is a wholly owned subsidiary of Investor AB, focusing on private equity and venture capital investments in the IT and healthcare sector in North America and Europe. For more information:

About Robertson Stephens:
For more information:

About Sonera:
Sonera Corporation (HEX:SRA, NASDAQ:SNRA) is an international forerunner in mobile communications and mobile-based services and applications. By combining its expertise in mobile communications, the Internet and service provision, Sonera aims to develop into a global communications operator and provider of transaction and content services. For more information:

About Sony:
Sony manufactures audio, video, communications and information technology products for the global consumer and professional markets. With its music, pictures, game and online businesses, Sony is uniquely positioned to become a leading broadband network company in the 21st century. The investment in Digia was made by Sony Venture Capital Europe, the venture capital arm of Sony Europe (headquartered in Berlin, Germany) and 550 Digital Media Ventures, a subsidiary of Sony Broadband Entertainment (headquartered in New York, U.S.). For more information: &

About Intel Capital
Intel Capital, Intel's strategic investment program, focuses on making equity investments and acquisitions to grow the Internet economy, including Internet infrastructure, content and services in support of Intel's strategic interests. In Europe Intel Capital invests through Intel Atlantic Inc., a subsidiary of Intel Corporation.

For more information, contact:

Jari Puhakka, Digia Oy, CEO
Tel. +358 (0) 40 7593 690

Solja Kuningas, Digia Oy, Public Relations Manager
Tel. +358 (0) 40 7593 624
e-mail: solja.kuningas

Juha Mikkola, Eqvitec Partners Oy, Sr. Partner
Tel. +358 (0) 9 6894 5535 or mobile +358 - (0) 50 5900 522

Helen Protopapas, GE Equity
Tel + 44 (0) 20 7302 6000

Fergus Wheeler, GE Equity, Financial Dynamics
Tel + 44 (0) 20 7269 7259

Anders Gr�n�s, Investor AB
Tel. +46 7 08 242 022

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