Q4 interim report and preliminary annual results 2007

Q4 revenue growth of 2% over Q3 2007 in fixed currency signals return to growth

Dolphin reaches turning point in transition to enterprise markets

Other highlights include:

Growth in new business with Dolphin Express offsets legacy business decline On track for 2008 revenue growth targets and market milestones Dolphin Express sales capacity enhanced with expanded direct  team and new resellers Q4 Revenue of 6.6 million; Full year revenue equals 27.3 million  2007 ending cash of 32.7 million 23.7 million in new capital raised in two share issues Thales places 2.7 million order for components used in the Rafale  aircraft New Dolphin Express benchmarks confirm performance superiority Hewlett-Packard releases leadership Oracle/Dolphin Express results MySQL/Dolphin Express shows 7x advantage for Web Applications New Dolphin Express DX products ship to first customers in January, development risk eliminated, now scaling into manufacturing

Read full report at www.newsweb.no or www.dolphinics.com

For further information, please contact
Tim Miller, CEO, telephone +1 508 7405 949
Alex Gundersen, CFO, telephone +47 41 47 41 07