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Newsletter: May 22, 2007



NetOp^® News	May 22, 2007

New Sales Strategy Ensures the Future

Welcome to yet another newsletter from Danware, which focuses on the 2006 annual report and some of the exciting activities that have been launched during the past few months.

Danware recently published the 2006 annual report, which revealed a growth of revenue by DKK 6.6m in 2006, equal to a 7.2% improvement over 2005. We should all be very proud of the positive figures – despite the fact that some media chose to focus on the drop of earnings, which was expected by Danware see.

We have fully lived up to our plan of strategy, which entailed the establishment of several subsidiaries and an intensified focus on increasing our number of partners. Danware has established subsidiaries in the US, UK and Germany and has made strategically important distribution agreements with partners in Spain, Italy, Australia/New Zealand, Russia and the Czech Republic – and we expect to make even more agreements in the nearest future.

The rise in turnover is partly due to new agreements with OEM customers and successful acquisitions of new products. Last year, Danware acquired company CURSUM that has developed an IT platform, which makes it possible for companies to develop, implement and manage online training courses and education processes for employees, customers and partners. We have great expectations to the product, which was recently launched under the name of NetOp^® Learning Center. Read more about this exciting product in this newsletter.

Danware has entered into a very important partnership with Danish distributor Trigono that will take over the distribution to the major part of our Danish resellers. Moreover, Danware has signed a Gold Partner agreement with Swedish IT company Nocom Software, which is expected to increase Danware’s business activities in the Nordic market.

Moreover, NetOp^® Remote Control and CURSUM have been honoured with awards in Germany, Sweden and Denmark. Read also more about NetOp^® Learning Center, which is another exciting addition to our E-learning-family, which so far counts NetOp^® Instruct and NetOp^® School.

Finally, you can read much more about Danware’s Partner Kick Off, which took place in Portugal from April 17-19, 2007 – find out which partners were awarded for their outstanding contribution to the success of Danware.

We hope that you will enjoy reading this newsletter.

Yours sincerely

Peter Grøndahl
CEO, Danware A/S

Successful Global Partner Event 2007

From April 17-20, 2007 Danware hosted the 2^nd Global NetOp^® Partner Event in the beautiful surroundings of Quinta De Marinha in Portugal. More than 100 people and more than 50 partners attended these 3 days of information shared by Danware and partners from the Netop^® partner channel. The goal and objective with the event was for Danware to share new and exciting information, educate partners in how to sell and support new as well as existing NetOp^® Products and introduce the new NetOp^® and to encourage our partners to build business relationships and network among the partners that represent all the Danware key markets from APAC over EMEA to the Americas.

During the event, Danware wanted to acknowledge and award a number of partners that in 2006 did an outstanding contribution to the success of Danware.

- Mensys BV from Holland received the award for fastest growing partner
- Topnordic & X-net Communication received the award for top revenue selling partner
- Addjust Technologies from France received the award for best European partner
- Torcomp Inc. received the award for best US partner
- Design Technologies received the award for best APAC partner
- Sisonke Software Solutions Ltd received the award for best MEA partner.

Danware would like to congratulate all of the above for an outstanding performance and all partners for making this event very successful and we look very much forward to see you all again at the 3rd. global partner event in 2008.

Presentations and pictures from the event can be found on the NetOp^® business partner portal.

Thank you.

Michael Graves
Director Sales & Marketing, Danware

Danware Back on Track: Paying Dividends Again
Danware grew revenue by DKK 6.6m in 2006, equal to a 7.2% improvement over 2005. The company expects to become increasingly profitable over the next few years and will pay total dividends of DKK 9.6m to shareholders, equal to DKK 2.50 per share.

>>> Read more

Danware Forms Partnership with Trigono and Nocom
Danware has entered into strategically important partnerships with Swedish IT company Nocom Software and Danish distributor Trigono. Nocom is expected to increase Danware’s business in the Nordic markets, while the expanded partnership with Trigono is expected to increase the sale of Danware’s NetOp^® products in Denmark.

>>> Read more

Danware Products Voted Best in the Market
Danware is once again acknowledged for its software products: Leading IT magazines in Germany and Sweden vote Danware’s software program NetOp^® Remote Control 9.0 the best remote control program in the market. And in Denmark, an electronic payment negotiation course based on Danware’s programme ‘Cursum Learning Management’ receives an IT award from the Danish institution, Forskningsnettet.

>>> Read more

Breaking the Traditional Learning Curve with NetOp^® Learning Center from Danware
The launch of NetOp^® Learning Center from the Danish software company, Danware, adds yet another strong addition to the other NetOp^® Education programs. In 2006, Danware bought the Danish software company Cursum, and NetOp^® Learning Center is the new version of the e-learning software, Cursum LCMS.

>>> Read more


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