| Mamut Validis awarded “Best Use of Internet – Business” |
| (Oslo, 13 November 2008) Mamut Validis, a co-operation between Mamut and Validis, a division of Future Route, wins the prestigious UK Accountancy Age Awards “Best Use of Internet – Business 2008.” Mamut Validis is a core component in the all-inclusive business software solution Mamut One, combining the power and advantages of business software applications together with web-based solutions. |
| Mamut with 15 Per Cent Growth in Third Quarter and 55th Consecutive Quarter of Double Digit Growth |
| (Oslo, 11 November 2008) Mamut continues its growth and reached operating revenues of MNOK 367.8 in the first nine months of 2008, compared to MNOK 332.5 in the same period 2007, a growth representing 14 per cent. The company reaches EBITDA of MNOK 67.0 and EBIT of MNOK 24.7 for YTD 2008, an EBIT improvement of 76 per cent compared with the same period 2007. |
| Mamut Experiences 54th Consecutive Quarter of Double Digit Growth and Strongest Six Months on Record |
| (Oslo, 28 August 2008) Mamut continues its growth and reached operating revenues of MNOK 251.6 in 1H08, compared to MNOK 221.9 in 1H07, a growth representing 13 per cent. The company reaches EBITDA of MNOK 46.6 and EBIT of MNOK 18.6 for 1H08, an EBIT improvement of 55% compared with 1H07. |
| Mamut Announces Participation in Microsoft Online Services Reseller Alliance |
| (Oslo, Norway 9 July 2008) Mamut today announced that it will extend its software plus services offering with Microsoft Online Services, in order to provide customers with increased flexibility and additional services. Mamut also announced its support for the new Microsoft Online Services partner program. |
| Mamut and Lexware announce a strategic partnership in Germany |
| Mamut today announced that a Letter of Intent (LOI) has been signed with Germany's leading supplier of small business software, Lexware GMBH, a fully owned subsidiary of Haufe Media Group. Through a joint venture Mamut and Lexware will offer a co-branded edition of Mamut One with components from Mamut, Lexware and Haufe Group to the German SME segment. The two companies will also share and co-develop Software + Services platforms and components. |
| Mamut acquires MYOB UK Business Division |
| (Oslo, 24 April 2008) The company today announces an agreement to acquire MYOB Business Division in the UK from MYOB Limited (ASX: MYO) for a cash payment of £1.7 million. MYOB is today among the five best known providers of business software solutions to UK small businesses. |
| Mamut with record high revenues and best ever result |
| (Oslo, 24 April 2008) Mamut ASA continues its growth and reached operating revenues of MNOK 128.1 and EBIT of MNOK 9.6 in 1Q08. This represents the best ever results for the company. Today, the company also announced an agreement to acquire MYOB Business Division in the UK from MYOB Limited (ASX: MYO) for a cash payment of £1.7 million. MYOB is among the five best known providers of business software solutions to UK small businesses. |
| Mamut with record high revenues |
| (Oslo, 21 February 2008) Mamut reached operating revenues of MNOK 445.1 in 2007 with EBITDA result of MNOK 63.5 and EBIT result of MNOK 15.1, including write-off of bad debt of MNOK 14.2. The company increased its revenues with MNOK 41.1 and improves its EBIT with MNOK 29.3 in 2007, compared with pro forma 2006. Mamut is currently negotiating with several companies in Western Europe regarding acquisitions and strategic partnerships. |
| Mamut and Forbes sign agreement |
| London, 10 January, 2008– Mamut has signed an agreement with UK firm Forbes Computer Systems Ltd. To deliver some of the most technically advanced tax and reporting tools to small and medium sized business community. The agreement is an important element in Mamut’s ambition to offer a complete “One Stop Shop” experience to the small and medium sized business community. |
| Mamut and Duncan & Toplis sign agreement in the UK |
| London, 02 January, 2008 – Mamut has signed an agreement with Duncan & Toplis, a leading independent firm of UK Chartered Accountants and business advisers |