Danware/Netop Acquires GenevaLogic, Becomes Worldwide Leader of Classroom Management Software Solutions

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Netop, formerly known as Danware A/S, the holding company of Netop companies in the United States., the United Kingdom, China and Germany, today announced the acquisition of GenevaLogic, an international leader in active teaching systems.

Combining the classroom management software products from GenevaLogic with the products of Netop, we are extending our commitment as the worldwide leader in innovative software to support teaching and learning. Netop will be the market leader providing educators and students with the benefits of more than 20 years of international, educational software expertise

Today Danish software company Netop announced the acquisition of Switzerland-based software company GenevaLogic. With the acquisition, Netop has consolidated its position as the world's leading provider of classroom management software.

"Combining the classroom management software products from GenevaLogic with the products of Netop, we are extending our commitment as the worldwide leader in innovative software to support teaching and learning. Netop will be the market leader providing educators and students with the benefits of more than 20 years of international, educational software expertise," said CEO Kurt Bager, Netop.

GenevaLogic, founded in 1996, is headquartered in Switzerland, and the United States. The privately held company is an international leader in active teaching systems. Its Vision classroom management software is used in more than 50,000 classrooms worldwide. The Vision software empowers teachers and trainers to guide and supervise student computer activity from the instructor's computer screen.

Competitors combine forces
The merger of Netop and GenevaLogic will make more development resources available for enhancing the complete portfolio of education and classroom management software offerings. The development of educational software is growing fast and combining efforts, Netop will be leading the race of bringing the most innovative and proven education products to the market.

"This new partnership is the perfect fit for GenevaLogic. By combining our efforts we can build even greater momentum for delivering best-of-breed education software solutions to our customers. Together with Netop's other desktop management and security products, the total portfolio of solutions and products will be unlike that of any other education software vendor in the market space," said Peter Schuepbach, chairman of the board, GenevaLogic.

"This acquisition complements our overall strategy to boost our sales worldwide. With the local presence of GenevaLogic in the United States, the United Kingdom and Germany we gain further access to the numerous schools, universities, teaching institutions and other educational organizations. This will result in a company that is unique in the marketplace and builds even greater momentum for delivering top tier education and classroom management software solutions to educational institutions," said CEO Kurt Bager, Netop.

Further information
CEO Kurt Bager, Netop
Telephone +45 45 90 25 25
E-mail kgb @ netop.com

Chairman of the Board Peter Schuepbach, GenevaLogic
Telephone +41 79 33 06434
E-mail Peter.Schuepbach @ genevalogic.com

About GenevaLogic:
GenevaLogic enables educators to manage, control and optimize the use of technology to support teaching and learning. Founded in 1996, with headquarters in Langenthal, Switzerland, and Portland, U.S., the privately held company is an international leader in active teaching systems whose Vision classroom management software is used in more than 50,000 classrooms worldwide. The company's education software solutions - Vision, App-Control, Surf-Lock, Pointer™, Plan-It™, Protect-On™, Print-Limit™, and Print-Limit Pro™ - allow schools, universities and training centers to get more learning value from their technology investments. For further information, please see http://www.genevalogic.com.

About Netop:
Netop, formerly known as Danware A/S, is developing and marketing software solutions that enable swift, secure, and seamless transfer of screens, sound, and data between two or more computers. The company has three business areas, Netop Desktop Management, Netop Education and Netop Live. The core Desktop Management product, NetOp Remote Control, enables remote control of one or more computers. The Netop Education business consists of Netop and Vision software solutions for computer-based classroom teaching. Netop Live consists of modern solutions for unified communication and collaboration and includes products like web, video and audio conferencing, secure chat, one button click to talk, desktop and file sharing. Netop has subsidiaries in the U.S., the UK, China and Germany and the Netop solutions are sold in more than 80 countries. Netop/Danware's shares are listed on the Copenhagen Stock Exchange and are part of the SmallCap+ index. For further information, please see http://www.netop.com.

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