Sale of IP to Microsoft - Columbus IT sells retail industry solution to Microsoft with a profit of DKK 12m.

September 22, 2009 at 5:00 PM CEST
Today, Columbus IT Partner A/S has concluded an agreement about sale of its
retail industry solution, RCM, to Microsoft for USD 5m. 

In this relation the parties have entered into a strategic development and
marketing agreement covering the retail market and Microsoft Dynamics AX.
Microsoft and Columbus IT's software development company, To-Increase,
undertake a mutual obligation to strengthen the offered solutions to retail
customers. 

As part of this strategic cooperation agreement with Microsoft, Columbus IT
will, through To-Increase, assist Microsoft with the migration of the
To-Increase retail solution to the next Microsoft Dynamics AX retail solution.
Part of this assistance consists in integration of RCM into a new retail
version under Microsoft AX 6.0, which includes a strong Microsoft based POS
functionality. Under the agreement To-Increase will focus on development of
functionality aimed at sub verticals under Microsoft's next retail solution. 

Over the past few years, Columbus IT has worked determinedly to build up a
software development division in the Group under the name of To-Increase.
To-Increase pursues two sales models, one being channel based distribution
through more than 200 partners, which sell solutions developed by To-Increase
worldwide. The other sales model is sale of IP. 

In its Business Solutions division, Microsoft pursues a channel based
distribution model, where the development of vertical specific functionality is
handled by external companies such as To-Increase. During the past four years
the software development of the RCM module in To-Increase has taken place in
close cooperation with Microsoft Business Solutions - Axapta Industry Builder
Initiative, cf. release 21/2005. 

Columbus IT will receive USD 5m as payment for the retail solution. Of this
amount USD 4.5m will be paid 15 days after the handover date. The remaining USD
0.5m will be deposited until July 2010. 

Due to this agreement with Microsoft, the previously announced expectations for
2009 are specified. For 2009 Columbus IT expects revenues of DKK 830-850m and
an EBITDA of DKK 35-45m. 

 	Ib Kunøe				Claus E. Hansen
Chairman of the Board		Chief Executive Officer
Columbus IT Partner A/S		Columbus IT Partner A/S


Contact for further details:
CEO Claus E. Hansen, or CFO Heine Thorsgaard, T: (+45) 70 20 50 00.

Translation: In the event of any inconsistency between this document and the
Danish language version, the Danish language version shall be the governing
version.