Danware in final negotiations for a global, exclusive partnership agreement with software business Medianet Innovations

Announcement No. 12-2008		                                                      

                                                                     9 June 2008




Danware in final negotiations for a global, exclusive partnership agreement with
software business Medianet Innovations                                          

Danware is in the final phase of negotiations for a global, exclusive           
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. Negotiations  
are expected to finalise on 30 June 2008 and the agreement to take effect on 1  
July 2008.                                                                      

Medianet Innovations was founded in Denmark and is registered in the USA. Its   
management and sales organization is based in Denmark and it has development    
activities in Romania. The company's products are also available in the UK and  
in the rest of the Nordic region. Building an efficient distribution channel is 
a cost-intensive process. For that reason, Medianet Innovations has been looking
to find a business partner that can help strengthen sales.                      

Medianet Innovations, which has some 40 employees, was founded by Karsten       
Madsen, who is also its managing director. The company is owned by Madsen Invest
ApS (55%) and LD Equity 22 Aps (45%). Since being founded, it has developed a   
range of communication tools enabling secure Web-based virtual communication,   
including functionality to share voice, video, files or documents. Medianet     
products mainly address financial or public sector institutions emphasizing     
secure, efficient and interactive Web-based communications with their customers 
and users. Medianet Innovations is the only provider offering this many options 
through a single interface and Website access, while at the same time complying 
with online banking security requirements. Karsten Madsen will be employed by   
Danware and will be in charge of international sales of Medianet Innovations    
products through Danware's distribution channels. A large part of the Medianet  
staff, mainly those based in Romania and Denmark, will also be employed with    
Danware.                                                                        

Danware believes that Medianet Innovations' products can help strengthen the    
Danware product portfolio. The agreement enables Danware to provide remote      
management and remote solution products and to extend its offering of Web-based 
products addressing high growth markets. Also, the agreement will expand        
Danware's development resources and enable the company to step up the pace for  
launching new, innovative products.                                             

The partnership agreement                                                       
The main items of the partnership agreement are expected to be as set out below:
Danware will become a global, exclusive distributor of all Medianet Innovations 
products and will take over Medianet's existing customers.                      
Danware will pay a revenue-driven licence fee to the owners of Medianet         
Innovations.                                                                    
Danware commits to achieving a certain minimum revenue from the products over a 
three-year period. The agreement may be terminated if the minimum revenue is not
reached.                                                                        
A large part of Medianet Innovations' employees will be employed with Danware.  
Danware will take over Medianet Innovations' Romanian subsidiary (which mainly  
handles development activities).                                                

Danware will not be taking over the rights to Medianet Innovations' products.   
However, the parties expect to reach an agreement setting out the terms for     
Danware acquiring all rights to Medianet Innovations products over a three-year 
horizon.                                                                        

Subject to conclusion of the partnership agreement, Danware will pay a small    
amount covering the acquisition of Medianet Romania and other aspects of the    
agreement.                                                                      

Impact on full-year forecast                                                    
If concluded, the partnership agreement is expected to make a small, positive   
contribution to Danware's 2008 revenue, but the agreement is expected to have a 
substantial revenue potential for Danware in step with an expected gradual      
increase in revenue from Medianet Innovations products through Danware's        
international distribution channels.                                            



Contact                                                                         
Kurt Bager, CEO, tel. +45 4590 2525, e-mail: kgb@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
two product areas are Desktop Management and Education. The core product in     
Desktop Management, NetOp® Remote Control, enables remote control of one or more
distant computers. NetOp® School, the core product in Education, is a software  
application for computer-based classroom teaching. All are plug ‘n play products
offering extensive functionality, flexibility and user-friendliness. Danware's  
products are sold in more than 80 countries. In 2007, the company generated     
revenue of about DKK 85m. Danware's shares are listed on the Copenhagen Stock   
Exchange and are a component of the Small Cap+ index. Danware operates wholly   
owned subsidiaries in the United States, the UK and Germany. For more           
information, go to www.danware.com.