Ericsson Brings Mobile Broadband to Peace Initiative With Forest Whitaker

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STOCKHOLM, SWEDEN--(Marketwire - Sep 23, 2012) -



* Ericsson joins forces with Forest Whitaker's PeaceEarth Foundation

* Ericsson will provide Internet access via mobile broadband, computers,and ICT training to youth in conflict zones

* Initiative announced at Social Good Summit in New York


At the Social Good Summit in New York, Ericsson (NASDAQ: ERIC) announceditscommitment to join Oscar-winning actor, humanist and Goodwill Ambassador ofUNESCO, Forest Whitaker, in a new foundation whose mission it is to promotepeace among youth everywhere, from troubled urban neighborhoods in theUnitedStates to rural conflict areas in Africa.

The PeaceEarth Foundation brings together public and private entities andwillserve as a vehicle for an array of programs, initiatives and campaigns intheU.S. and around the world.

"Ericsson's support to PeaceEarth will establish a truly connected programinSouth Sudan and Uganda," said Whitaker. "The commitment will allow us toadvanceour shared goal to collectively move our world towards peace, one day at atime."

Ericsson's engagement will begin by providing Information andCommunicationsTechnology (ICT) solutions to schools in two locations, South Sudan andUganda,in conjunction with the global education initiative Connect To Learn. Thiswillenable the PeaceEarth Foundation to establish access to the internet andcreatea collaborative environment among the participating youth and furtherdevelopthe education initiatives.

Also through Connect To Learn, Ericsson will provide on-site projectmanagementresources, Wi-Fi coverage, and basic ICT training for teachers and studentsonthe use of the Ericsson cloud computing solution.

At the Social Good Summit in New York, a panel was held with Whitaker,EricssonPresident and CEO Hans Vestberg and Jeffrey Sachs, Director of the EarthInstitute at Columbia University.

Ericsson's Vestberg said: "Our work with PeaceEarth Foundation is a naturalextension of how we bring our competence to advocate for Technology forGoodaround the world. We know that our technology has a positive link todevelopment, where 10% of increased broadband penetration leads to morethan 1%sustainable growth in GDP.

"You can't have positive social and economic development where people aresuffering from conflicts or natural disasters. I hope that extending accesstoeducation will help enable the PeaceEarth Foundation further its goals,"Vestberg concluded.

Currently, 1.5 billion people live in countries affected by violentconflict,and more than 8 million children have been killed or disabled throughviolentconflict. Working in partnership with local and regional experts, civilsocietyand multilateral organizations, governments and businesses, PeaceEarth willworkto promote peaceful conflict resolution through youth empowerment, accesstoknowledge, capacity-building and cultural diversity.

PeaceEarth Foundation recently launched an interactive website that givespeoplethe power to learn, engage and act. It serves to connect and fosterdialogueamong communities, practitioners and scholars, giving people keyinformationabout conflict zones, best practices in peace-building, and solutions.

The work of the Foundation is also instrumental to further the mission ofWhitaker as UNESCO Goodwill Ambassador for Peace and Reconciliation, andco-founder of the International Institute for Peace.

NOTES TO EDITORS

The PeaceEarth Foundation website is live at: www.peaceearth.org

For more information about Connect To Learn: www.connecttolearn.org

Photos Hans Vestberg:http://www.ericsson.com/thecompany/press/photolibrary/management

Photos of Hans Vestberg and Forest Whitaker will be available onwww.ericsson.com/press

Ericsson is the world's leading provider of communications technology andservices. We are enabling the Networked Society with efficient real-timesolutions that allow us all to study, work and live our lives more freely,insustainable societies around the world.

Our offering comprises services, software and infrastructure withinInformationand Communications Technology for telecom operators and other industries.Todaymore than 40 percent of the world's mobile traffic goes through Ericssonnetworks and we support customers' networks servicing more than 2.5 billionsubscribers.

We operate in 180 countries and employ more than 100,000 people. Founded in1876, Ericsson is headquartered in Stockholm, Sweden. In 2011 the company'snetsales were SEK 226.9 billion (USD 35.0 billion). Ericsson is listed onNASDAQOMX, Stockholm and NASDAQ, New York stock exchanges.

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Source: Ericsson via Thomson Reuters ONE[HUG#1642937]

Ericsson brings mobile braodband to peace initiative PDF:http://hugin.info/1061/R/1642937/529232.pdf

Contact:
FOR FURTHER INFORMATION, PLEASE CONTACT

Ericsson Corporate Public & Media Relations
Phone: +46 10 719 69 92
E-mail: Email Contact

Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail: Email Contact

PeaceEarth Foundation Media Contact
Phone: +1 212-691-2800
E-mail: Email Contact

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