Technology, Media & Telecom Introduction

Weibull - Connecting Companies

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 Technology

sector is trading at historic high’s

Current pricing levels provide attractive growth and exit

opportunities – and is not likely to last

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.

Value based on avr P/E multiples for TMT firms in Norway

Normalised Q4 2007

Our role and focus on adding value

En rekke ulike aktører

synes som aktuelle

kandidater for kjøp

TMT team

Dave Sandberg - Partner Graduated with MBA from the Norwegian School of Management. Specialization in International Politics & Culture. 17 years of experience from mergers and acquisitions in the SME domain. The focus area is technology, media and telecom and trade. 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

Jan Eskestrand – M&A Advisor and Head of Bergen office

IT professional graduated from Heriott-Watt with Master in Economy 1985 and Master of International Business 1996. Industrial experience from IBM, Tieto and Merit Consulting. Regional responsible of Bergen office. Cell: +47 40 00 35 50 Email: jan@weibull.no

Lars Stenvold Wik – TMT Analyst

Masters degree in Investment Management (MSc) from Cass Business School in London, specialising in investment, valuation and M & A. Bachelor from TØH specialising Economic Management (BSc). Background as auditor and advisor at PwC. Lead responsible of analysis of TMT area. Cell: +47 936 93 867

Email: lsw@weibull.no

Our Recent Transactions in TMT

03.01.2012

Weibull TMT have sold companies to:

Arcit Videomøte solgt til

Datarekvistia Norge AS

Intutor selger

Teoritentamen.no til

Lime Green Digital

Vitec AB kjøper

IT Makeriet AS

Homebase kjøper

Nittedalsnettet fra

Pronea - Troms Kraft

Your

Company

Your Company

2012

2011