Oslo, August 2012 Technology, Media & Telecom

Version 3.3.0314

The Key to Success

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Weibull – the only M&A Advisor represented in all major Norwegian cities

Weibull AS is a leader in the Norwegian SME market and has completed hundreds of

assignments and transactions in the Norwegian market since its inception in 2000. We work

systematically, creatively and efficiently to create new business opportunities for our clients.

Our Services:

Weibull provide professional services within mergers and acquisitions. We have solid

competence and experience within executing transactions including such as negotiations,

structuring deals and undertake business analysis, valuation, market search & due diligence.

Our Approach: • Focus on understanding the subject company and its business, analyze relevant value

drivers and risks to establish a stand-alone enterprise value.

• Understand the market in which the company operate. Extract relevant information to identify development trends and opportunities.

• Identify the best target candidates (Norway/internationally), contact candidates and establish dialogue, clarify actual interest and synergies.

• Establish what players in the market are willing to provide through a controlled process of proposals, bidding and negotiations.

• Conclude transactions on the best possible terms and conditions for our clients.

Experienced, Independent,

Professional, Discrete &

High Ethical Standards

Valuation of companies in the TMT sector is trading at

historic high

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Prices in the technology sector is back at historic high’s:

- Pricing recovered very quickly and are currently trading above

what’s been seen before (even including dot.com period).

- Listed companies are focusing on top-line and growth.

- Expansion through organic growth & acquisitions.

- Significant demand for attractive acquisition candidates.

Private Equity follows technology sector closely:

- International players increasingly focus on Nordic countries.

- Attractive market characteristics and margins means that

international firms find Norwegian firms of particular interest.

- Private Equity players also consider smaller companies with

proven technology and concepts.

Current pricing levels provide attractive growth and

exit opportunities – and is not likely to last 0

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Leading M&A specialists in the area of TMT

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- A majority of all our transactions are industrial, hence Weibull continuously conduct a systematic dialog

with relevant industrial investors in our domain.

- Exploring synergies and strategic values in collaboration with the potentials buyers.

- Our process aim to mobilize competition among the investors to maximize stockholder value.

- Weibull deploy a team with extensive experience and specialized in the sector to ensure successful

execution of the project.

- Proven track record and strong tactical and creative skills.

Our role and focus on adding value

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What we do:

Assess value and transaction structure

Identification and screening of potential buyers

Ready business for disposal and prepare selling

package

Negotition of structure and terms with the preffered

buyer

Advise on the taxation aspects of the transaction

with tax layers

Co-ordinate the many parties to the transaction

(including due dilligence accountants and lawyers)

and manage the transaction to completion.

Handle post completion matters such as completion

accounts process and negotiations.

How we add value:

Assess value to provide a benchmark for future negotiations

and identify the optimal transaction structure to maximise the

sales proceeds.

Research the marked for likely buyers with the aim of creating

a competitive sales process to maximise value.

Advise you on readying the business for sale and prepare a

tailored ”teaser” to solicit interest from potensial buyers, if

required.

Prove adaptable in working to get the best result for you, and

assist in finalising the sale and purchase agreement and other

deal documents.

Seek to ensure that the transaction is structured in a tax

effecient way for the Vendor and that the agreement does nor

contain onerous terms that may results in unexpected tax

liabillties.

Take as much of the hassle and stress factor away from you as

possible, to ensure that the process runs in accordance with

our agreed timetable.

The TMT sector team

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Dave Sandberg - Partner MBA in Finance from London Business School a part-time program completed in June 2012. Graduated with

MSc from the Norwegian School of Management (Bi). Specialization in International Politics & Culture from OMH

Business School. 17 years of extensive experience from mergers and acquisitions in the SME domain. Focus on

sectors as technology, media and telecom and retail. Specialized in managing complex M&A projects requiring

strong tactical and creative skills. Dave manage TMT sector in Weibull.

Cell: +47 92 84 92 84

Email: dave@weibull.no

Hans Henrik Westberg – M&A advisor IT / Telecom professional graduated Bac(Hons) Engineering at University of Bristol, Finance & Investment at

Norwegian School of Management and MBA at NHH. 15 years of industrial experience related to innovation,

product management, business development and sales from companies as Telenor, Hewlett-Pacard, TDC and

Amdocs. Lead responsible to communication sector in Weibull.

Cell: +47 47 90 10 20

Email: hh@weibull.no

Lars Stenvold Wik – TMT Analyst Masters degree in Investment Management (MSc) from Cass Business School in London, specializing in

investment, valuation and M & A. Bachelor from TØH specializing Economic Management (BSc). Worked

experience as auditor and advisor at PwC. Previous background from Kaupthing as intern within analysis of the

global oil and gas trends. Performed more than 20 specialized TMT valuations and over 50 valuations of other

companies the last year. Lead responsible of analysis of TMT area.

Cell: +47 936 93 867

Email: lsw@weibull.no

Recent transactions in the TMT sector.

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Weibull TMT team, have sold companies to:

Arcit Videomøte sold to

Datarekvistia Norge AS

Intutor sold

Teoritentamen.no to

Lime Green Digital

Vitec AB aquire

IT Makeriet AS

Homebase aquire

Nittedalsnettet from

Pronea - Troms Kraft

Your

Company

Your

company

2012

ePartner aquire

Idedata as Sarepta Software sold

to Daldata AS

Addcom Innovation AS

merger Abeo Gruppen Kongsberg System sold

to Ementor Norge AS

Altibox aquire Tafjord

DSL broadband

T&B Hansen Kabelnett

sold to Canal Digital

Norway

Fast sold to Phonera

GET aquire 51% of

shares in Tel-Ag

Zissor sold sourcecode

to BurrellesLuce

EM Systems AS sold to

Hoist Hospitality Group

Aschehough aquire

60% of shares

Snøball Film AS

Business Logic AS

sold to Component

Software Group ASA

CONTACT:

Dave Sandberg – Partner Mobile: (+47) 92 84 92 84 Email: dave@weibull.no

Hans Henrik Westberg – M&A Advisor Mobile: (+47) 47 90 10 20 Email: hh@weibull.no

Lars Stenvold Wik - Analyst Mobile: (+47) 93 69 38 67 Email: lsw@weibull.no