"Vi är mycket glada att tillkännage denna intressanta investering i Broadband Innovations; ett bolag med delvis svenska entreprenörer som vi ser är mycket väl positionerade för att tillvarata den bredbandstillväxt som nu spirar i Sydafrika; ett land med en population om cirka 47 miljoner människor och tillväxtmotor för hela Afrika. Vi ser genom investeringen att vi tagit en position i en marknad där bredbandspenetrationen är i nivå med vad den var i Sverige för över 10 år sedan och att Broadband Innovations har en möjlighet att skapa en position i Sydafrika som närmast kan liknas med den position som Bostream skapade i Sverige i början på 2000-talet", säger DO Networks ordförande Jakob Johansson i en kommentar. "Investeringen i Broadband Innovations blir även startskottet på skapandet av en diversifierad portfölj av investeringar där DO Networks befintliga fibernäts investeringar utgör en del i helheten. Förvärvet av aktier motsvarande 10% av Broadband Innovations utgör ett bra case på hur vi genom vårt nätverk skapar möjligheter att investera i företag, marknader och situationer där våra aktieägare normalt inte enskilt kan delta; på så sätt skapar vi ett mervärde till våra aktieägare. Vi analyserar för närvarande fler potentiellt intressanta investeringar och vår förhoppning är kunna presentera fler affärer under Q3", fortsätter DO Networks ordförande Jakob Johansson. "We welcome the investment of DO Networks and are confident that the relationship will produce a fruitful exchange of technical knowledge as well as market experience. It is the strategy of BI to aggressively pursue the current window of opportunity and to acquire a large market share of the growing demand for Internet in South Africa. BI believes it will be able to strengthen its position in the local market by leveraging the hard earned experience of DO Networks, as well as best practices already demonstrated, to be successful in a well established market", säger Winston Stoltz från Broadband Innovations i en kommentar. DO Networks tillträder aktierna i Broadband Innovations i samband med affärens slutförande. Affären kommer att slutfinansieras i samband med genomförandet av den annonserade nyemissionen vilken planeras avslutas i augusti månad 2008. För mer information, kontakta DO Networks Sverige AB Jakob Johansson, Ordf, 0735-060707, Jakob.johansson@donetworks.se Short summary- Broadband Innovations (in English) Broadband Innovations is a licensed Internet Service provider (ISP) that conducts business within the South African telecommunication sector. South Africa is a nation of over 47 Million with a current Broadband Internet subscriber base of only 1 Million. Broadband Innovations has recently entered an exciting new segment of the market, residential and retail wireless broadband, with great success in a very short space of time. The most popular form of residential housing is in high security gated communities. Broadband Innovations is a niche ISP that uses sophisticated wireless technology to enable broadband connectivity for each resident. Broadband Innovations offers a turnkey solution to gated communities incorporating security, surveillance, broadband connectivity and telephony. Up until Jan 2008 Broadband Innovations has focused most of its efforts in research and Development in order to be able to deliver a high end product to meet the growing demand for Internet in South Africa. During the 1st and 2nd quarters of 2008 Broadband Innovations has exceeded its sales targets and secured contracts for 25 gated communities and high rise buildings primarily in the Johannesburg and Pretoria areas, comprising a total of 6,500 residents. As a result of its market leadership in gated communities, Broadband Innovations has been able to conclude exclusive 2-5 year mandates signed either by developers, property managers or home owners' associations. Broadband Innovations goal is to establish itself as one of the top 5 South African Telecommunication Providers within 4 years, offering a full range of Internet services including, Data, Voice and E-commerce. It is a further objective of the organisation to pioneer the introduction of IPTV in the South African market and to be an early entrant to market during the 2009 financial year. Read more about Broadband Innovations at www.b-i.co.za