Friday, February 23, 2007

EASTPOINT OPENS IN UNITED STATES WHILE ACQUIRING NENO WEBHOSTING.

Eastpoint AB (publ) daughter company Getupdated opens with full range in Miami, USA. Daughter Company Crystone AB officially signs for the acquisition of web hosting company Neno. Acquisition takes effect February 22, 2007.

The 1st of March Getupdated starts business activity in Miami USA. Operations will take full course around 1st of April, 2007. The company full product range will be the same as the Swedish offering with affiliate marketing, banner network, sponsored links and Search Engine Optimization. The company selects Andreas Linnuste as Managing Director. Andreas is a Swedish entrepreneur who has been living and working in Miami for the last 7 years.

“It is a great feeling to officially open our doors in USA” especially after the increasing question from Swedish clients who want to market their products in USA. Furthermore it is presently the right timing for us to communicate with American clients said Mattias Kaneteg VD for Getupdated AB.

"With the increasing growth of Internet Marketing it is a great timing to open our business in USA" said Luar Buso Vice President for Getupdated.com

Neno is a small yet fast growing web hosting company with a strong and positive trademark. Turnover is calculated to amount up to 3 Million Swedish Crowns for 2007 and the number of clients is around 2000.

With our new data center automation solution PEM, it is easier for us to integrate our acquired client stock through a standardized way and without it becoming an issue for our new clients. We have the capacity and technical knowledge to provide Nenos clients with quality support said Joakim Frid VD for Crystone AB.

Purchasing price amounts to 1 944 000 Swedish Crowns which was paid with 4 984 000 new share issues. Decision on new share issues will be shorted in the shareholders meeting April 12th 2007.

For further information, please contact:

Eric Forsner, CEO Eastpoint AB
+46 070-601 65 18,
eric.forsner@eastpoint.se

Mattias Kaneteg, CEO Getupdated
+46 0735-111 444,
mattias@eastpoint.se

Luar Buso, Vice President

+46 073 440 53 60, luar.buso@eastpoint.se

Joakim Frid, CEO Crystone AB
+46 0705-222 072,
joakim.frid@crystone.se

About Eastpoint:
Eastpoint’s mission is to help companies develop their businesses on the Internet. We help over 55 000 clients with:

· Addmind IT-solutions AB; Intranet, Websites, Portals and E-commerce..
· Crystone AB; webhosting and webbhotell and hosting solutions.
· Getupdated AB; Internetmarketing Internetmarknadsföring through Search Engine Marketing, Banner Network and Affiliate Marketing.

Eastpoint group has 107 employees in our Stockholm (Årsta), Norrköping, Borås, Malmö, Kristiansad, Trondheim and Oslo. Eastpoint is enlisted in the Swedish NGM Stock Market. www.eastpoint.eu

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