Press release
Kista, 26. June 2007




Vice President in Cellpoint, Håkan Tollefsen strengthens his shareposition!

The Norwegian businessman and investor Håkan Tollefsen, who holds a central position in Cellpoint Connect ABs management team, has today informed Aktietorget in Stockholm (The Equities Market Place ) were Cellpoint is listed , that he over the last to trading days has bought 50.000 shares.

Mr. Tollefsen beeing part of the Cellpoint top management team, for three months, is enthusiastic about Cellpoints future and the possibilities for growth in connection with the upcoming launch of the HappyEar concept, which will target “a mobile urban lifestyle”, in the global 100 million unit Bluetooth market!

”- I have known CellPoint for the last seven months, and for the last three also being operational in "day to day business", I`m convinced of the companys future success, and consequently I wanted to strengthen my position in the company.

CellPoint’s Vice President Håkan Tollefsen adds: ”The timing couldn´t be better since we are facing the global introduction of the HappyEar concept with some significant new products; “the improved Flamingo Colourline, for urban lifestyle, Flamingo Bluetooth Stereo and the Flamingo wired headset !”

Cellpoint Connect AB is a publicly listed Swedish company (www.aktietorget.se; CPNT) with headquarters in Copenhagen, Denmark and sales offices in Miami, Florida and Shenzen, China. The company designs, develops, manufactures and markets wired and Bluetooth® enabled wireless headsets/earphones. See flamingo.cellpoint.com.

For further information please contact:

CellPoint President Michael Mathiesen, phone: +45 4045 3332 or +46 8 633 1196
Katarina Henriksson, Financial Director, +46 8 633 11 97

CellPoint Connect AB - Isafjordsgatan 21, 164 40 Kista - Sweden, Tel: +46 (0)8 633 11 80, Fax: +46 (0)8 633 11 81,
Post Address: Box 1280, 164 29 Kista - Sweden