Announcement No. 23-2008
26 September 2008
Establishing new business area - Netop Live
Launching new product - Netop Asset Control
After signing an agreement with Medianet Innovations in July 2008, Netop
Solutions establishes Netop Live, a new business area which will be marketing
unified communications solutions. Setting a new standard for communicating
between employees and between businesses and their customers, unified
communication is a market characterised by strong growth.
Netop Asset Control will enable IT managers to document and manage their
businesses' IT activities. The market for IT Asset Management is experiencing
strong growth, and many of Netop Solutions' remote control customers are
demanding a solution of this type.
Netop Live - a new business area
In July 2008, Netop Solutions signed a partnership agreement with Medianet
Innovations, a company specialising in unified communications technologies
enabling secure virtual communication, including web-based sharing of voice,
video, files and documents. Under the agreement, Netop Solutions has obtained
global, exclusive distribution rights to all Medianet Innovations' products and
taken over Medianet's existing customers.
The agreement with Medianet Innovations has enabled Netop Solutions to expand
into a new area, unified communication, and spurred a decision to establish the
Netop Live business area.
Netop Solutions is now launching Netop Live based on Medianet Innovations'
solutions. With the launch of the Netop Live communications solutions, Netop
Solutions is growing from being a product supplier to also being a solutions
provider. The launch of Netop Live is an important part of Netop's product
strategy to strengthen its position within remote solutions.
Netop Live targets the large group of businesses and industries seeking unified
communication. Netop Live is a technological communication platform facilitating
attentive, fast and personal communications both internally in the company and
with customers and business partners - no matter where they are located.
Unified communication is already being used for in-house purposes in most modern
businesses, but only very few use the technology externally without compromising
security. Netop Live is the only solution in the market combining external and
internal communication in one single solution based on Netop Solutions' remote
control technology, which is renowned for its very high level of security. Netop
Live's security (encryption) has been approved by Deloitte. The tools can be
logged and encrypted so as to enable the company to trace any transaction in an
ongoing process.
The Netop Live solutions create completely new and unique opportunities for
personal and attentive online communication between customers and employees. If,
for example, an airline customer needs help to navigate an airline website, the
customer is only one click away from direct, personal contact with an employee
who is online. The airline customer will be able to chat with and see the
employee who can guide the customer around the website using his computer screen
and telephone.
Netop Live may also be used for in-house purposes. For example, a seller located
in his office or visiting a customer will be able to quickly access a product
specialist located at his company's offices. No other solution on the market
today offers the same degree of integration between external and internal
systems.
The market for secure unified communication is experiencing strong growth and
represents a far larger business area than remote control. By combining the two
areas in the launch of Netop Live, Netop Solutions is seeking to capitalise on a
significant potential. Expectations for this new business area are high, and
Netop Solutions has begun to market its unified communications solutions.
Netop Asset Control
Netop Asset Control is a complete solution for managing a business' hardware and
software, which provides a detailed overview of all software and hardware
configurations and contract management.
IT Asset Management offers businesses a simple and easy way of making their IT
solutions more efficient, lowering their overall operating expenses and
preventing license rule violations.
Today, businesses require their IT managers to be able to document and manage IT
activities in order to facilitate cost control. In addition, IT managers are
required to handle organisational changes, ensure a consistently high level of
IT services and comply with any legal requirements. Netop Asset Control helps
businesses achieve these goals by providing a complete overview of activities
and continually relating them to their respective contracts.
Netop Asset Agent, one of the components of Netop Asset Control, keeps track of
all hardware and software configurations and immediately registers and reports
any changes in real time.
The integrated License Manager component makes it easy for IT managers to
categorise software, implement software policies and detect any non-approved
software on the network. License Manager keeps any license-relevant information
up to date.
The combination of Netop Asset Agent and License Manager enables a business to
quickly get an overview of which licenses are being used and which licenses
should be phased out. Netop Remote Control is an integral part of Netop Asset
Control allowing IT managers to take full control of all network computers and
remove any non-approved software and music or film files.
Netop Asset Control will be launched in late October.
Outlook
As the launch of Netop Asset Management was a scheduled event, it was included
in the previous guidance for 2008.
As previously announced, the partnership agreement with Medianet Innovations and
the subsequent launch of the Netop Live solutions are expected to make a small,
positive contribution to Netop Solutions' 2008 revenue, but they are expected to
have a substantial revenue potential for Netop Solutions in step with an
expected gradual increase in revenue from the Netop Solutions Group's
international distribution channels.
Netop Solutions retains its full-year forecast (see announcement no. 22 of 19
August 2008) of revenue of approximately DKK 110m and an EBITDA loss of
approximately DKK 10m, including expected non-recurring income of DKK 17m before
tax from a planned sale of Netop Solutions' property.
Contact
Kurt Bager, CEO
Tel.: +45 45 90 25 25
E-mail: kgb@netop.com
About Netop Solutions A/S
Netop Solutions A/S, formerly Danware A/S, develops and markets software
solutions enabling swift, stable and secure transfer of screen images, sound and
data between two or more computers. Netop has three business areas: Netop
Desktop Management, Netop Education and Netop Live. The core product within
desktop management, Netop Remote Control, enables remote control of one or more
computers. Netop Education consists of Netop and Vision software solutions for
e.g. computer-based classroom teaching. Netop Live is a modern unified
communications solution integrating web, video and audio conferences, secure
chat, single-click talking and desktop and file sharing. Netop has subsidiaries
in the US, UK, China and Germany, and Netop solutions are sold in more than 80
countries. Netop Solutions A/S (formerly Danware A/S) is listed on OMX Nordic
Exchange Copenhagen and is a component of the SmallCap+ index. Read more at
www.netop.com.
Establishing new business area - Netop Live and launching new product - Netop Asset Control
| Source: Netop Solution A/S
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