Press release
Copenhagen, May 30, 2007. Caran AB has due to change of ownership become a part of JCE Group. Caran AB has subsequently chosen to continue the relationship with Maconomy and to invest in the business solution Maconomy X.
The contract covers approx. 1,000 users at Caran AB of which the majority are time-sheet users. Due to the existing relationship with Caran AB, revenue from the contract can’t be compared with a sale to a new customer.
The contract does not affect Maconomy's financial expectations for 2007.
Hugo Dorph
CEO
For further information:
Hugo Dorph, CEO
Tel. +45 35 27 24 24
Ulrik Christensen, CFO
Tel. +45 35 27 23 67
About Caran AB (www.caran.se)
Caran are specialists within industrial product development with focus on three cornerstones: design, function and pro-ductivity. Swedish based Caran has approx. 1,000 employees at several offices in Sweden and in Great Britain, Ger-many, France and India.
About Maconomy A/S
Maconomy is a global provider of industry-specific business solutions for professional services companies and marketing communications organisations. Maconomy services and supports roughly 500 customers in 50 countries through our offices in the U.S. and across Europe, and through an extensive partner network. Today, more than 90,000 users worldwide use Maconomy’s business solutions.
This announcement has been prepared in Danish and English. The Danish version is to be considered the original version for official purpose and in case of any discrepancies between the two versions the Danish version shall prevail.