nov 07, 2000

Thalamus and Avantra forms new company to develop micro payment system for broadband portals

Thalamus and Avantra forms new company to develop micro payment system for
broadband portals

Thalamus Networks and Avantra forms a joint venture to develop an IT
solution, providing support for broadband services. The system includes
accounting, on-line payment and customer support.
The project’s objective is to produce an open standard for a micro payment
platform. The design as well as construction drawings have been completed,
and the project will now move on to production.

Earlier, reprogramming was required in order to offer new services for
consumers. The new product makes it possible for service providers to
easily charge consumers as well as add new services, according to the
customers’ needs.

– Households, service providers and net owners will profit from the new
company. Our business idea is to administrate the core of the system,
which will then be licensed for consultants and net owners, says Roger

Eliasson, vice CEO of Avantra AB.
The tendency in broadband business plans now is to form walled gardens
with customers and systems, making them unavailable and exclusive. The
Thalamus/Avantra solution could instead become a standard, used by
everybody in the business.

– Our ambition was to make an e-commerce system simple enough to use both
for our end users and our suppliers, says Thomas Rebermark, Marketing
Manager of Thalamus Networks. In order to develop the system further, we
need to let a lot of companies get access and be able to influence the
system. Everybody will profit from that.

The open structure broadens the market for the service. Other actors that
are planning to offer the market broadband services will also be able to
use the e-commerce system.
We are also open to taking in new partners in the company, says Thomas
Rebermark.

AVANTRA AB (www.avantra.se) is an IT consultant company with its
headquarters in Luleå and subsidiary in Stockholm. The company was founded
in 1997 and has had three very years of good earnings. Avantra offers
their customers profitable IT business and specializes in reforming
business processes and e-business solutions. The company has 30 eployees.
Some of its clients are Ericsson, Telia and LKAB.

Thalamus Networks AB (www.thalamus.se) is the only operator that can offer
a complete portfolio of services for intelligent living. Apart from
Internet access, Thalamus also offers energy management, information,
media and telephony. Thalamus® is provided over optical fibre, cable-TV
and Ethernet (LAN). Thalamus Networks is listed on the OM Stockholm Stock
Exchange’s O-list. The Company built Sweden’s first commercial high speed
property net, combined with control and communications services for
landlords. The Company is expanding rapidly and has offices in Ängelholm,
Malmö, Halmstad, Gothenburg and Stockholm. Net sales are approximately 40
MSEK a year with 40 employees.

For further information, please contact:
Thomas Rebermark, Marketing Manager Thalamus Networks: +46 8 691 09 07,
+46 703 240193, thomas.rebermark@thalamus.se

Jan Tidelius, CEO Thalamus Networks: +46 8 691 09 09, +46 705525626
jan.tidelius@thalamus.se

Staffan Ruuth, CEO Avantra AB. Tel +46 920228814, +46 706 628814,
staffan.ruuth@avantra.se

Roger Eliasson, vice CEO Avantra AB. +46 920 228832, +46 706 628832
roger.eliasson@avantra.se

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  • Publiceratnov 07, 2000