PRESS RELEASE

Investment and company development company The Rynge Group AB was founded today

Göteborg, Sweden, July 3, 2007 -Today Ola Rynge announced that The Rynge Group started its operations.

The Rynge Group was founded in order to be a platform for business development projects, both initiated within the company but also to assist other start-ups or small companies with an intention to grow by providing advanced consulting services.

Ola Rynge, CEO and founder of The Rynge Group, said, "Within the next couple of months, we will offer some standardized and optimized packages of services to be able to streamline the process of a projects first couple of years. Those services can include economic tools, strategy guidelines and staffing tools. I feel very excited of the services we will offer the market. It is a result of an innovative approach to traditional tools tailored to fit the small business community."

About The Rynge Group

The Rynge Group is a private investment and consulting firm engaged primarily in working with early-stage technology companies as in-house development projects but also helping other companies by providing advanced consulting services. TRG provides world-class management assistance, strategic guidance and valuable connections for entrepreneurs. They will also provide young companies access to financing and operational and technological infrastructure.
For more information,
visit http://www.rynge.com
or call +46 (0)31 7999 000

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