2009-10-30 08:43:04 -

London, October , 30, 2009

(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.

More than 15 years of close collaboration exist between Microsoft and
Mamut, which has specifically focused on developing innovative
technology and software for small and medium enterprises (SMEs) in
Europe.  Mamut has a heritage of strong customer service, and will
continue to invest in product development to ensure customer
satisfaction and a successful transition to Mamut's Software+
Services offering, such as Mamut One.

 "We are pleased to see the highly innovative solutions that Mamut
has delivered and how they demonstrate the value of Microsoft's
software-plus-services strategy," said Justin Hutchinson, director
Office Consumer and Small Business Product Management.  "We have
confidence that Mamut will provide the highest quality support for
the users of Office Accounting, and will be an asset to their
business moving forward."

Mamut recently won a 2009 Microsoft Worldwide Partner Conference
award in the Software-plus-Services category with their accounting
product Mamut One, which was chosen as the winner from a pool of 2000
entrants worldwide. In addition, Mamut has won the UK Accountancy Age
Award four times and is among this year's finalists in the Small
Software Package category.
Mamut's Chief Executive Officer, Eilert Hanoa said, "Microsoft has
continually demonstrated leadership and commitment to making IT
accessible for small and medium enterprises with new versions of
Windows and Office. We are proud of our work with Microsoft across
Europe, and look forward to offering new benefits to users of
Microsoft Office Accounting in the UK."

Mamut recently launched its award-winning solution Mamut One in the
UK. Mamut One is an all-inclusive business solution including
software applications, web-based services and knowledge. The product
simplifies use and management of software and services for small
businesses by introducing increased functionality and accessibility,
without the need for any additional investments in infrastructure.

Developed on a Microsoft platform and fully integrated with Microsoft
Office, Mamut's solutions include hosted services that increase
business productivity and give SMEs the flexibility to access the
information they need, when and where they need it.  Mamut One
enables SMEs to more efficiently run their entire business, not just
their accounts. This gives them improved visibility across all
operational areas, a better understanding of their customers and more
efficient processes.

Moving forward, Mamut is well positioned for improved results and
further growth with a stronger and wider product range offering to UK
SMEs. The company continues to maintain its focus on establishing and
strengthening strategic alliances with international partners and
increasing the distribution of Mamut's products and services.

Mamut
Founded in 1994, Mamut (OSE "MAMUT") is a leading European provider
of complete, integrated software solutions and internet services for
SMEs. Mamut offers complete and user-friendly solutions at the best
value for money integrating CRM, sales force, logistics, accounting,
e-commerce, domains, e-mail, web hosting and security. More than
400,000 European customers simplify their daily business with
solutions from Mamut. Further information about Mamut and the
company's products can be found at www.mamut.com

For more information, please contact:
Eilert Hanoa, CEO Mamut ASA, tel: + 47 92 83 29 05, e-mail:
eilerth@mamut.com
Knut Ekern, Communications Director Mamut ASA, tel:  +47 93 20 26 00,
e-mail:  knute@mamut.com
Bryan Richter, UK Managing Director, Tel.+44 (0)208 834 1619, e-mail:
bryanr@mamut.co.uk


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.