Announcement No. 15-2007
24 September 2007
Michael Graves has resigned his position as chief sales officer of Danware Data
A/S.
Since being appointed chief sales officer on 1 September 2006, Michael Graves'
main responsibility has been to continue to implement Danware's ambitious sales
and distribution strategy, which has included the setting up of Danware
subsidiaries in the United States, the UK and Germany, expanding the network of
business partners and increasing sales through new channels.
As a result of disagreements surrounding the implementation of the sales and
distribution strategy, the Company and Michael Graves have agreed to terminate
the employment relationship effective today. However, Michael Graves will
continue to make his services available to the Company during the severance
period. The sales and distribution strategy will follow previously announced
plans and all ongoing initiatives will continue. A number of the sales and
distribution initiatives have begun to produce results, which confirms to us
that the chosen strategy is the right one.
Until the vacant position has been filled, CEO Peter Grøndahl will be in charge
of sales.
Contact
Peter Grøndahl, CEO, tel. +45 4590 2525, e-mail pg@danware.dk
Danware's core business is to develop and market software products based on the
NetOp® core technology - a technology enabling swift, secure and seamless
transfer of screens, sound and data between two or more computers. The company's
three product areas are Desktop Management, Education and Security. The core
product in Desktop Management, NetOp® Remote Control, enables remote control of
one or more computers from another computer. NetOp® School, the core product in
Education, is a software application for computer-based classroom teaching. The
Security business products are NetOp® Desktop Firewall and NetOp® Netfilter. All
are plug ‘n play products offering extensive functionality, flexibility and
user-friendliness. Danware's products are sold in more than 80 countries.
Danware is listed on the OMX Nordic Exchange Copenhagen A/S (symbol DANW) and is
a component of the Small Cap+ index.
