RealTime IT News

euro909 Scores $4M

European e-business enabler euro909.com A/S (Nasdaq ADS: ENON) Thursday (Dec 28) announced it has received a $4 million investment by Credit Suisse First Boston (Europe) Limited, an affiliate of Credit Suisse First Boston (www.csfb.com).

"We're very excited about this show of confidence by Credit Suisse First Boston," said Aldo Petersen, CEO of euro909.com. "We see this as a very positive sign that reflects our position in the marketplace and prospects for the future."

Formed in 1986, euro909.com is a European e-business enabler, which integrates Internet technology and multimedia solutions for thousands of Western European enterprises.

With operations in Denmark, England, France, Germany, Norway, and Sweden, euro909.com delivers value-added consulting and technology solutions, such as domain name registration; web site design and hosting; digital security; Internet access; print, online and broadcast media advertising.

Credit Suisse First Boston (CSFB) is a leading global investment banking firm serving institutional, corporate, government and individual clients. CSFB's businesses include securities underwriting, sales and trading, investment and merchant banking, financial advisory services, investment research, venture capital, correspondent brokerage services and online brokerage services.

It operates in over 76 locations across more than 37 countries and six continents, and has some 27,000 staff worldwide. In November 2000, the firm merged with Donaldson, Lufkin & Jenrette Inc. (DLJ). CSFB is a business unit of the Zurich-based Credit Suisse Group, a leading global financial services company.