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Press release from Aktiv Kapital
Mamut teams with Aktiv Kapital to offer extended ERP functionality
(Oslo, 11/9-2000) Aktiv Kaptial (ticker:AIK) has entered into an agreement with software company Mamut regarding the integration of Aktiv Kapital’s services with Mamut’s mini-ERP solutions.

– We are very pleased that Mamut chose solutions from Aktiv Kapital for their ERP-system, and we expect a considerable growth for our services as a result of the cooperation with Mamut, says Marketing Director in Aktiv Kapital, Trond Kristian Andresassen.

Aktiv Kaptial sees the agreement as an important channel for introducing Aktiv Kapital’s new financial services to the market, as well as for traditional factoring and invoicing services. Aktiv Kapital expects the products connected to financing and web-based invoice and accounts receivable services to be the most important services in the collaboration. Mamut is a leading provider of complete information and e-commerce software for small and medium sized businesses. More than 50,000 customers are daily users of the company’s web solutions, mini-ERP applications and software for personal finance and tax management. – Our goal is to simplify the way small and medium sized companies do business. The cooperation with Aktiv Kapital contributes to this, and the agreement is in line with our strategy of delivering fully integrated ERP and information systems to small and medium sized companies, says Eilert Hanoa, Mamut’s Chief Executive Officer.

About Mamut ASA
Mamut offers comprehensive web solutions as well as mini-ERP applications and software for personal finance and tax management at the lowest prices available. The company has received numerous awards for its product range and has subsidiaries worldwide. Further information about Mamut and the company’s products can be found at www.mamut.com.

About Aktiv Kapital ASA
The Aktiv Kapital Group is a leading Nordic operator in freeing resources tied up in customers credit chains. Aktiv Kapital emphasizes the ability to offer optimal flexibility in the choice of solutions; allowing the customer to adapt to changes in external conditions. In addition to offering web-based administrative credit functions, the group also offers different financing solutions as well as debt collection. Aktiv Kapital is the largest Nordic operator within purchase of dishonored credit portfolios. Aktiv Kapital had 150 employees in Norway, Sweden and Finland at the end of June this year. www.aktivkapital.com

For further information, please contact:

Trond Kristian Andreassen, Marketing Director Aktiv Kapital, tel: + 47 22 88 41 00/+ 47 92 26 83 14

Eilert Hanoa, CEO Mamut, tel: + 47 23 20 35 00/+ 47 92 83 29 05, e-mail: eilerth@mamut.com



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