Frontec: Interim Report for the Period Jan. -- March 2003


SOLNA, Sweden, May 15, 2003 (PRIMEZONE) -- Frontec (Other OTC:FRNRF):

- The Group's net sales for the quarter amounted to SEK 111 million (171).

- The Group's operating loss, EBIT, for the quarter was SEK -16 million (-21).

- The Group's liquid assets, including short-term investments, amounted to SEK 162 million (97) at the end of the quarter.

- Frontec's pro forma results after structural changes are shown separately in the table in the "The full interim reportk" link below.


 More information:
 Dennis Birgersson, President          telephone +46 708-24 74 08
 Kristina Willgard, CFO                telephone +46 705-10 12 23
 Jan Rehn, Director of Communications  telephone +46 31 707 11 79

 Frontec AB (Publ), Reg. no. 556272-5092
 Box 71, SE-169 27 Solna, Sweden
 Telephone +46 8 587 97 400, www.frontec.se

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The following files are available for download:

http://www.waymaker.net/bitonline/2003/05/15/20030515BIT01260/wkr0001.doc

The full interim report

http://www.waymaker.net/bitonline/2003/05/15/20030515BIT01260/wkr0002.pdf

The full interim report