Local news

Danware A/S in final negotiations with Medianet Innovations

Danware A/S announces the final negotiations with Medianet Innovations about a global and exclusive distribution agreement, which is expected to become effective as of July 1, 2008. The agreement will position Danware as one of the most innovative vendors in the rapidly growing unified communications market.

Today Danware A/S announces the final negotiations with Medianet Innovations about a global and exclusive distribution agreement, which is expected to become effective as of July 1, 2008. The agreement will position Danware as one of the most innovative vendors in the rapidly growing unified communications market.

Copenhagen, June 9, 2008 – Danish software company Danware is negotiating a distribution agreement with the US/Danish communication software company Medianet Innovations. With the agreement Danware embeds a strong partner specialized in secure online communication being in the forefront of developing unified communication and collaboration tools. Danware will take over employees and business engagements in Medianet Innovations’ regional offices in Slagelse and Aarhus, Denmark as well as 23 developers in Romania.

“The products of Medianet Innovations and Netop make a perfect match, because Medianet Innovations specializes in secure online communication. Medianet Innovations adds another valuable dimension to the Netop portfolio of remote solutions with their pallet of unified communication products. Furthermore, the agreement provides access to and secures strategically important market shares in the U.S. and Northern Europe,” says CEO Kurt Bager, Danware.

Medianet Innovations is a global software company, headquartered in the U.S., and present in the Danish, Romanian, UK and Northern European markets addressing the financial and public sectors. Its remote management solutions enable employees, customers and partners to work together regardless of their physical location, just as if they were sitting face to face. The core product is the all-in-one software suite Medianet Secure Communicator, which integrates web conferencing, secure chat, one button click to talk, video and audio conferencing, desktop and file sharing and co-browsing. Medianet Secure Communicator is as safe as online banking as it enables direct communication from a company’s website and offering a complete suite of collaboration tools.

Synergies create growth
“We are very excited about the many opportunities that come along the agreement with Danware. Danware is in the forefront of experimental development of the newest technology and their products are among the most visionary in the 21st century. I am convinced that our business will prosper from the synergies of our two product lines,” says CEO and founder Karsten Madsen, Medianet Innovations.

”The agreement fits perfectly into our strategy and will help further boost our business in a booming market. We expect to increase the turnover of Medianet Innovations’ products through our existing distribution channels and this will enable us to offer products both within remote management and remote solutions. Moreover, Danware will obtain additional and highly specialized development resources, which are in high demand in our current business and will pave the way for further development,” says CEO Kurt Bager, Danware.

For further information
CEO Kurt Bager, Danware
Phone +45 45 90 25 25
E-mail kgb@danware.com

CEO Karsten Madsen, Medianet Innovations
Phone + 45 60 39 66 60
E-mail karsten.madsen@medianetinnovations.com

About Medianet
Medianet Innovations is a global software company, headquartered in Greensboro, North Carolina, US, with operations in Denmark, Northern Europe, the UK and Romania primarily addressing the financial and public sectors. Medianet Innovations was founded by CEO Karsten Madsen and is owned by Madsen Invest (55%) and LD Equity 22 (45%). For further information, please see www.medianetinnovations.com.

About NetOp and Danware
Danware is developing and marketing software solutions that enable swift, secure, and seamless transfer of screens, sound, and data between two or more computers. The company has two business areas, Desktop Management and Education. The core Desktop Management product, NetOp Remote Control, enables remote control of one or more computers. NetOp School, the core Education product, is a software solution for computer-based classroom teaching. Danware has subsidiaries in the U.S.A., the UK, and Germany and the Netop solutions are sold in more than 80 countries. Danware’s shares are listed on the Copenhagen Stock Exchange and are part of the SmallCap+ index. For further information, please see www.netop.com.