Announcement No. 9 -2009
7 October 2009
Netop and Medianet terminate partnership
Netop and Medianet will be terminating their partnership at the end of the
year, at which time Netop will begin to launch proprietary products.
The partnership agreement between Netop and Medianet has been terminated with
effect from the end of 2009, and the companies withdraw from all mutual
agreements, including the negotiations mentioned in Announcement No. 5 of 28
April 2009.
Concurrently with the termination of the agreement, Netop will launch
proprietary communication solutions that provide better accessibility,
scalability and interaction.
Netop's new products build on the company's 25-year track record as a provider
of innovative solutions for the transfer of screen images, sound, video and
data between two or more computers and this experience will consistently make
up the core of our new, innovative communication solutions.
Based on open standards, Netop solutions can be integrated with Microsoft OCS,
Skype and Tannberg, providing a major advantage over the Medianet products.
The information provided in this announcement is not expected to influence our
full year guidance for 2009 as provided in Announcement No. 8 of 18 August
2009.
Contact
Kurt Bager, CEO Claus Finderup Grove, CFO
Tel: +45 45 90 25 25 Tel: +45 45 90 25 25
E-mail:kgb@netop.com E-mail: cfg@netop.com
About Netop Solutions A/S
Netop develops and sells software solutions enabling swift, stable and secure
transfer of video, screen images, sound and data over the Internet. The company
has three core business areas: Administration, Education and Communication.
Netop's unique and cost-saving Administration solutions makes work easier for
IT professionals through Remote Control and IT Asset Management. Netop's
market-leading Education solutions for classroom management and corporate
e-learning help students and teachers achieve optimum results through virtual
teaching. Netop's Communication solutions, including unified communications,
allow customers, business partners and colleagues to meet easily and safely in
virtual space through video conferences, chat, audio and file sharing over the
Internet. Netop has 152 employees and subsidiaries in the USA, the UK, China,
Romania and Switzerland. The company sells its solutions to public and private
sector customers in more than 80 countries. Netop Solutions A/S is listed on
Nasdaq OMX Copenhagen and is a component of the SmallCap+ index. Netop
generated revenue of DKK 92.1m in 2008. For more information, go to
www.netop.com.
In the event of any inconsistency between this document and the Danish language
version, the Danish language version shall be the governing version.
