| Mamut is well positioned for increased profitability |  | (Oslo, 25 February 2010) Mamut reached operating revenues of MNOK 496.6 in 2009, compared to MNOK 500.6 in 2008. The company reached EBITDA of MNOK 83.2 and EBIT of MNOK 21.9 for 2009. The company has strengthened its strategic position, product offerings and technology platforms combined with streamlining the operations to ensure margin improvements in 2010. |
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| Mamut to offer pay-as-you-go software service to Irish SMBs |
| Award-winning business solutions offered on new subscription model through Rentsoft™ |
| Mamut to offer customers the ‘best of both worlds’ with Rentsoft™ |
| Award-winning business solutions offered to small and medium sized businesses in the UK on a pay-as-you-go subscription model |
| Mamut to provide new solutions and support for users of Microsoft Office Accounting in the UK |
| (London, October 30, 2009) From today, Mamut will take responsibility for product support for Microsoft Office Accounting users in the UK. In addition to receiving ongoing customer support from Mamut, current users of Microsoft Office Accounting will be offered a free upgrade to Mamut Business Software solutions. Microsoft will no longer distribute Microsoft Office Accounting in the UK as of November 16, 2009, but Mamut will continue to invest in product development and services to ensure an easy transition for the approximately 100,000 registered users of Microsoft Office Accounting in the UK. |
| Mamut focuses on margin and cash flow improvements |
| (Oslo, 29 October 2009) Mamut reached operating revenues of MNOK 365.2 in the first nine months of 2009, compared to MNOK 367.5 in the same period in 2008. The company reached EBITDA of MNOK 69.1 and EBIT of MNOK 23.6 for YTD 2009. The company expects a near term announcement of a strategic partnership. |
| Mamut increases profitability in first six months of 2009 |
| (27 August 2009) Mamut reached operating revenues of MNOK 251.4 in 1H09. The company reached EBITDA of MNOK 51.2 and EBIT of MNOK 20.8, an EBIT improvement of 11 per cent compared with the same period in 2008. |
| Mamut wins 2009 Microsoft Worldwide Partner Awards |
| (Oslo 24 June 2009) Mamut wins the 2009 Microsoft Worldwide Partner Conference Awards with Mamut One in the Software-plus-Services category. Mamut was chosen as winner from a pool of total 2 000 entrants worldwide. |
| Mamut with record results in first quarter 2009 |
| (Oslo, 30 April 2009) Mamut reached operating revenues of MNOK 129.7 in the first quarter of 2009. The company reaches EBITDA of MNOK 26.3, compared to 23.2 in first quarter 2008. This represents an improvement of 13.0 per cent from first quarter 2008. The company continues the streamlining of operations by reducing cost base, headcount and investments in 2009. |
| Mamut with record high revenues in 2008 |
| (Oslo, 26 February 2009) Mamut continues its growth and reached operating revenues of MNOK 502.1 in 2008 compared to MNOK 445.1 in 2007, this represents a growth of 13 per cent. The company reaches EBITDA of MNOK 81.5 and EBIT of MNOK 25.1 for 2008. |
| 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 – Potential acquisitions |
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| Victory on all counts for Active 24 in the dispute with 24SevenOffice |
| The dispute between Mamut ASA’s (Mamut) wholly owned subsidiary, Active 24 AS (Active 24), and 24SevenOffice AS (24SevenOffice) has now been tried by the court of first instance. 24SevenOffice has lost on all counts. 24SevenOffice is ordered to cover all of Active 24’s legal costs and pay damages for the loss suffered by Active 24 in connection with the case |
| Mamut and eZ Systems enter into a strategic co-operation |
| (Oslo, November 6 2007) Mamut and eZ Systems have entered into a strategic co-operation for developing and distributing Web Publisher solutions and related services to Mamut’s 335,000 customers in Europe. The agreement covers 16 European markets and the Mamut Web Publisher will be a core component in Mamut Business Platform. |
| Mamut with strong first half results |
| (Oslo, 16th August 2007) Mamut has achieved a milestone through delivering its 50th successive quarter of double digit growth by achieving operating revenues of MNOK 221.9 in 1H07. The pro-forma numbers for the company increased by MNOK 17.8 representing an improvement in EBIT of MNOK 13.5 compared to the same period in 2006. |
| Mamut finalist in Microsoft Worldwide Partner Awards |
| (Oslo, June 13 2007) Microsoft has announced Mamut as finalist in Microsoft Worldwide Partner Awards 2007 with Mamut Business Platform. From a total of 1,800 entries, the company has been selected as finalist in the ISV/Software Solutions Partner of the Year category together with two US based companies, ICONICS and Workshare. |
| Mamut acquires Danish Stellar Business Software |
| (Oslo, 4 June 2007) Mamut ASA has acquired business unit Stellar Business Software from Danish company Allerup edb A/S. Stellar Business Software develops, distributes and sells business software solutions for small and medium sized companies in Denmark. A letter of intent was signed by the parties in December 2006. |
| Mamut joins British Telecom’s and Microsoft’s SME initiative in the UK |
| (London, 30 May 2007) Mamut co-operates as one of the launch partners on BT Applications Market Place in the UK. The portal is a UK co-operation between Microsoft and British Telecom to offer cost efficient and web based applications to British Small Business Broadband customers. |
| Mamut ASA announces all time high revenue |
| (Oslo, 26 April 2007) Mamut ASA continues its growth after the acquisition of Active 24 and had operating revenues of MNOK 113.3 in 1Q07. This represents growth in sales of 90 per cent, of which 8 per cent is organic growth. Operating profit (EBIT) for 1Q07 was MNOK 6.9, an EBIT-margin of 6 per cent. EBITDA reached MNOK 18.5 in 1Q07, an EBITDA-margin of 16 per cent. |
| Mamut ASA announces best ever quarter |
| (Oslo, 22nd February 2007) Mamut ASA achieved its best ever quarterly results in 4Q06 with operating revenues of MNOK 108.3. Operating profit (EBIT) for 4Q06 was MNOK 9.2, an EBIT-margin of 8 per cent, in line with the company’s previous guiding. EBITDA reached MNOK 19.3 in 4Q06, an EBITDA-margin of 18 per cent. During 2007 Mamut will introduce the 'Mamut Business Platform' for all of its 300,000 European customers. |
| Mamut signs letter of intent to acquire Danish Stellar Business Software |
| (Oslo, December 12 2006) Mamut ASA has signed a letter of intent with Danish company Allerup EDB A/S and started exclusive negotiations over the acquisition of the business unit Stellar Business Software. |
| Mamut develops Small Business Concierge Online with Microsoft |
| Oslo, Norway – 21 November, 2006 – Mamut ASA (OSE “MAMUT”) today announce Small Business Concierge Online, a new online initiative based on the Small Business Concierge initiative introduced by Mamut and Microsoft Corporation in June 2004. |
| Mamut completes hat trick in the UK |
| (London, 16 November 2006) Mamut has won the Accountancy Age Award for Small Business Software of the Year for a third year running, fending off other entries, including finalists Sage, TAS, MYOB and Netsuite. |
| Mamut launches Point of Sale software |
| (Dublin, 15 November 2006) Software company Mamut has introduced a new complete, user-friendly and advanced point of sale application enabling small and medium retail companies to run their business more efficiently and professionally. |
| Mamut ASA with strong growth in the third quarter |
| (Oslo, 26th October 2006) Mamut ASA had operating revenues of MNOK 91.7 in 3Q06 including consolidation of Active 24 from July 1st. The organic growth achieved in the core business Mamut Business Software was 22 per cent in the third quarter. The company continues the previously announced integration process of Active 24. |
