Press Releases

STOCKHOLM, SWEDEN -- (MARKET WIRE) -- 12/05/08 -- Ericsson (NASDAQ: ERIC) and Telstra have achieved an industry first: the successful activation of HSPA Evolution functionality capable of peak network speeds up to 21 Mbps into the Telstra Next G(TM) commercial network and the world's first data call on the newly-enabled network. For the first time, a commercial network makes use of the enhanced, standardized improvements called HSPA Evolution.

This enhancement adds a new dimension to broadband experience with the capability for significantly faster internet browsing and file download, even faster than many fixed broadband connections. With HSPA Evolution, operators will increase the capacity in the networks and reduce the costs to deliver Mobile Broadband services.

Michael Rocca, Group Managing Director, Telstra Networks & Services says, "HSPA Evolution is live and working for the first time anywhere in the world in a commercial network on the Telstra Next G(TM) network in Australia," Michael says. "Ericsson and Telstra are seeing great results ahead of upcoming trials and device deployment."

Mike Wright, Executive Director Telstra Wireless made the first data call on the Next G(TM) network in Brisbane, Queensland at 16:00 AEST on 5 December 2008. Trials of the 21Mbps mobile broadband service on the Next G(TM) network will begin this month with a full commercial launch to follow early next year.

"Ericsson continues to bring the best possible Mobile Broadband experience to consumers all over the world," says Ulf Ewaldsson, Vice President and Head of Product Area Radio, Ericsson. "Ericsson has an impressive list of HSPA world-first records, including the first commercial HSPA network, first live with HSPA on the Uplink and also first with 5.8Mbps on the Uplink. With our achievement of 21Mbps in Telstra's network we continue Ericsson's technology leadership in the Mobile Broadband area. We thank Telstra for the close co-operation to reach this milestone."

Notes to editors:

Ericsson's standard multimedia content is available at the broadcast room: www.ericsson.com/broadcast_room

Ericsson is the world's leading provider of technology and services to telecom operators. The market leader in 2G and 3G mobile technologies, Ericsson supplies communications services and manages networks that serve more than 195 million subscribers. The company's portfolio comprises mobile and fixed network infrastructure, and broadband and multimedia solutions for operators, enterprises and developers. The Sony Ericsson joint venture provides consumers with feature-rich personal mobile devices.

Ericsson is advancing its vision of 'communication for all' through innovation, technology, and sustainable business solutions. Working in 175 countries, more than 70,000 employees generated revenue of USD 27.9 billion (SEK 188 billion) in 2007. Founded in 1876 and headquartered in Stockholm, Sweden, Ericsson is listed on OMX Nordic Exchange Stockholm and NASDAQ.

For more information, visit www.ericsson.com or www.ericsson.mobi.

FOR FURTHER INFORMATION, PLEASE CONTACT

Ericsson Media Relations
Phone: +46 8 719 69 92
E-mail: press.relations@ericsson.com

About Telstra Corporation Ltd

Telstra Corporation Ltd is Australia's leading telecommunications and information services company, with one of the best-known brands in the country. Telstra is the only true media communications company in Australia that can provide customers with a fully integrated telecommunications experience across fixed line, mobiles, broadband (BigPond®), information, transaction and search (Sensis®) and pay TV (FOXTEL). By using an integrated suite of network and media assets, Telstra is creating a world of 1-click, 1-touch, 1-command, any screen solutions that are integrated, operate in real-time, and are simple, easy and valued by customers.

About HSPA Evolution with 21Mbps

This improvement is the first step of HSPA Evolution, also known as HSPA+. The improvement is provided by enhancements standardized by the 3rd Generation Partnership Project (3GPP), bringing the maximum possible downlink speed for HSPA to 21Mbps, much higher than the current maximum of 14Mbps. The step to 21Mbps is obtained by using a higher-order modulation, called 64QAM that makes it possible for HSPA systems to send data bits with a higher rate. Future steps in the HSPA Evolution path include technologies like Multiple-Input-Multiple-Output (MIMO) antenna technologies and multi-carrier transmission. By combining these improvements, downlink speeds over 80Mbps and uplink speeds over 20Mbps will be possible. 21Mbps is the peak network downlink speed. Actual customer download speeds can be less and will vary due to congestion, distance from the cell, local conditions, hardware, software and other factors.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Copyright © Hugin AS 2008. All rights reserved.

DUBLIN, Ireland--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/01fde4/coffeeheaven_case) has announced the addition of the "Coffeeheaven Case Study: Growing Brand Share in the Nascent Central and Eastern European Coffee Market" company profile to their offering.

This report on Coffeeheaven forms part of a series of case studies, which explores business practices across a variety of disciplines and business sectors. It looks at how the leading coffee shop chain in the Eastern European market is capitalizing on the growth potential of the market.

Key reasons to purchase this title

    --  Gain insight into the methods used by important industry players to give
        them a competitive edge
    --  Identify specific areas for operational improvements
    --  Capitalize on the knowledge of experienced companies when entering a new
        niche or market

ANALYSIS

    --  Central and Eastern Europe is an untapped market in coffee retail
    --  The credit crunch is impacting western coffee markets
    --  However, the growing economies of Eastern European countries make them
        ideal for global coffee chains looking for new markets to target
    --  Coffeeheaven is the leading coffee chain in central and Eastern Europe
    --  The chain was created by a Brit keen to capitalize on growth potential
        in European coffee markets
    --  Coffeeheaven is credited for introducing western style coffee shops to
        Eastern Europe
    --  The company has expanded into many East European markets
    --  Company sales have grown strongly as the company plans further expansion
    --  Coffeeheaven faces numerous challenges in the future
    --  Global coffee chains could take market share away from Coffeeheaven,
        particularly in new markets where the company is less established
    --  Rising wages in the region could impact on Coffeeheavens profitability
    --  Rumors of a possible takeover of Coffeeheaven by a large chain abound

For more information visit http://www.researchandmarkets.com/research/01fde4/coffeeheaven_case

Source: Datamonitor

    Source: Research and Markets

STOCKHOLM, SWEDEN -- (MARKET WIRE) -- 12/05/08 -- To further strengthen SEK's ability to assist Swedish companies with important long-term export financing the Swedish government today decided to propose providing , through the Swedish National Debt Office, SEK with a borrowing facility of up to Skr 100 billion. In addition, SEK is given the possibility to purchase state guarantees for its new borrowing.

To improve Swedish companies' ability to compete in the international markets, the Swedish government today decided on a proposition to, through the Swedish National Debt Office, provide SEK with a borrowing facility of up to Skr 100 billion. This means that SEK can fully benefit from the capital contribution that the company received in November to increase its lending capacity. The government also proposes to give SEK the possibility to purchase state guarantees for its new borrowing.

- This shows that the government regards SEK as an important part of the solution to the severe financial crisis that has struck the Swedish export industry. The export companies' difficulty to obtain financing leads to lost export deals which in turn affects employment. SEK now has even better abilities to provide long-term financing to the Swedish exporting companies which will strengthen their international competitiveness, says Peter Yngwe, President of SEK

For further information please contact Peter Yngwe, SEK's CEO, on +46 8 613 83 00, or Johan Winlund, Head of Communications, on +46 76 136 84 88.

SEK, Swedish Export Credit Corporation, is an independent institution, founded in 1962, and owned 100 percent by the Swedish State. SEK employs some 180 employees, with its head office in Stockholm and representative offices in Helsinki, Finland and in Singapore.

For over 45 years SEK (Swedish Export Credit Corporation) has facilitated business for the Swedish trade and export industry by providing tailor made, long term, financial solutions for companies, the public sector, financial institutions and national and international investors. The company is involved in corporate lending, export credits, structured finance and financial advisory services.

SEK is also the largest Nordic borrower in the international capital markets with a broad range of investment opportunities. SEK is rated AA+ by Standard & Poor's and Aa1 by Moody's.

Further information can be obtained at SEK's home page www.sek.se.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Copyright © Hugin AS 2008. All rights reserved.

HAMILTON, BERMUDA -- (MARKET WIRE) -- 12/05/08 -- Seadrill has been awarded a new contract by Cabinda Gulf Oil Company Ltd (Chevron) for development drilling offshore Angola with the semi-tender rig West Berani II, which is currently under construction. The contract has a duration of five years with commencement in the first quarter 2010, subsequent to delivery from the yard. Estimated contract value is approximately US$378 million, including mobilization, demobilization and minor upgrades.

Alf C Thorkildsen, Chief Executive Officer in Seadrill Management AS says, "We are pleased to have signed yet another term contract for one of our tender rigs. Based on our operation track record and position in the tender rig market we expect to continue to grow our order backlog and earnings visibility even in today's market."

Analyst contact:
Jim Dåtland
Vice President Investor Relations
 +47 51 30 99 19

Media contact:
Trond Brandsrud
Chief Financial Officer
 +47 51 30 99 19

Seadrill Limited
Hamilton, Bermuda
December 5, 2008

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Copyright © Hugin AS 2008. All rights reserved.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 5, 2008) - WebTech Wireless Inc. (TSX: WEW), a leading provider of location-based and fleet Telematics services, is pleased to announce it has scheduled a conference call to present its first quarter financial results on Thursday, December 11, 2008, at 5:00 pm Eastern Time (2:00 pm Pacific Time).

Anwar Sukkarie, President and Chief Executive Officer, and Scott B. Edmonds, Chief Financial Officer, will discuss the Company's financial results and performance for the Quarter ended October 31, 2008. The results are scheduled for release after the close of market on December 11, 2008.

Interested parties may participate in the call by dialing 1-800-734-4208 or (212) 231-2900 (for international callers). The conference call will be archived on the Company's website at: www.webtechwireless.com.

About WebTech Wireless Inc.

WebTech Wireless Inc. (TSX: WEW) is a global Telematics, location-based services provider that develops, manufactures, and delivers turnkey wireless solutions designed to improve productivity and profitability. WebTech Wireless products include wireless hardware and software services running on cellular and satellite networks, and include Automatic Vehicle Location, Mapping, Reporting, Vehicle Diagnostics, Driver Status, In-vehicle Telemetry, Messaging, In-vehicle Navigation, and wireless application and Internet connectivity. WebTech Wireless is currently providing devices and services worldwide in eight languages to over forty-one countries covering five continents. WebTech Wireless' scalable solutions are used by a broad range of small, medium and Fortune 500 companies and by governments. For more information, please visit www.webtechwireless.com.

Forward Looking Statements

This press release contains forward-looking statements involving risks and uncertainties pertaining to, but not limited to product plans, timing, content, and pricing of products, market and industry expectations, the wireless communications industry, the mobile fleet industry, and general economic and political conditions. Given the risks and uncertainties inherent in the markets and industries referred to in this press release, WebTech Wireless cannot guarantee that any forward looking statements will be realized.

Trademarks are the property of their owners.

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

FOR FURTHER INFORMATION PLEASE CONTACT:
        WebTech Wireless Inc.
        Eric Wilson
        Press / Media Contact
        (778) 370-9609
        Email: press@webtechwireless.com

        WebTech Wireless Inc.
        R. Joe Dhami
        Investor Relations Contact
        1-877-811-4518 ext. 462
        Email: ir@webtechwireless.com
        Website: www.webtechwireless.com

Source: WebTech Wireless Inc.