1. Professional Services Automation © 2004 ProjectHelp AS.

2. Professional Services Automation Business Idea ProjectHelp shall develop and sell standard software for project-oriented businesses. Our staff and our products shall be market leaders in Scandinavia and optimise the value chain of consulting companies. Our products and services shall be sold via partners who are connected to existing ISVs with their own partner networks. We shall offer customers and partners a network of competent consultants, stationed around the main cities of Scandinavia

3. Professional Services Automation History 1996 –IntraView AS –Developed TimeEase 1999 –Visma bought 50% of IntraView AS 2000 –Intraview merged with Exsense, which is listed on the Oslo stock exchange 2000 –Intraview founders buy rights to ProjectHelp and begin independent development. 2001 –ProjectHelp established in Norway, Denmark and Sweden. 2003 –Partners established across Scandinavia 2004 –ProjectHelp Consulting Group

4. Professional Services Automation Visma –more and more Visma partners sell ProjectHelp instead of TimeEase SuperOffice –distribution agreement with CRM-WorldWide. Microsoft Business Solutions –great interest within the Attain network. Hogia –ProjectHelp is preferred partner within time/project management. SAP Business One –ProjectHelp and SBO make excellent package solution for SMB market. CAD/CAM –Ideal business system for CAD resellers to add to product portfolio. Partner Network

5. Professional Services Automation ProjectHelp Consulting Group PSA business consultants –helping your organisation to improve your organisation, as a professional services business ProjectHelp implementation consultants –helping you to properly implement ProjectHelp Project Managers –planning and managing your implementation, ensuring it is delivered on time, on budget and meets expectations Technical Consultants –offering assistance on all technical issues related to installation, configuration and use of ProjectHelp, including help with 3rd party software in relation to the use of ProjectHelp Developers –building special features and customisations of ProjectHelp, to deliver a 100% fit with your organisation

6. Professional Services Automation ProjectHelp organisation ProjectHelp Group Development OsloIndia SupportSales Consulting Group Markets NorwaySwedenDenmark Partners

7. Professional Services Automation Financials Share Capital –ProjectHelp AS (Norway) = EUR 105 000 –ProjectHelp AB (Sweden) = EUR 12 000 –ProjectHelp Aps (Denmark) = EUR 26 500 Purchase of product rights –EUR 235 000 Ownership –Myrvang family, Norway Revenue from existing annual maintenance fees ensures continued company solvency

8. Professional Services Automation Group Results All ProjectHelp companies: 2002 –Turnover = EUR 353 000 –Profit = EUR 24 000 2003 –Turnover = EUR 588 200 –Profit = EUR 94 000 2004 (projected) –Turnover = EUR 942 000 –Profit = EUR 118 000

9. Professional Services Automation Distributors CRM-Worldwide Distribution agreement –Great expectations further to agreement signed Q3 2003. New partners established in Prague, London & Singapore. SAP Business ONE distribution –Anticipated agreement with SBO resellers for distribution of ProjectHelp first in Denmark, later Norway and Sweden.

10. Professional Services Automation Key Partners A selection of major partners in each market: Norway Nestor (largest autocad reseller in Norway) Vitari (largest Visma reseller in Norway) Sweden AcandoFrontec (premier business integration specialist) Upright Consulting (major, established IT solution provider) Denmark Dimension Software (leading SAP Business One reseller) Fæster SCI (major Copenhagen-based Autodesk reseller)

11. Professional Services Automation Customers Over 5000 daily users of ProjectHelp, across: 130 companies in Norway 60 companies in Sweden 10 companies in Denmark 10 companies in other markets 2500 daily users choose the ProjectHelp ASP service.

12. Professional Services Automation Selected Customers Using ProjectHelp today: Dr. Techn. Olav Olsen –Consulting Engineers Myklebust –Engineering Clinical Data Care –Clinical research Novozymes –Biotech enzyme solutions AkvaPlan Niva –Research LPO –Architects RIBA –Technical engineering & maintenance