Growth in sales of 64% compared to 2Q08 and positive EBITDA

24SevenOffice ASA's operating revenue in 2Q09 was MNOK 18.1. This represents growth in sales of 64% compared to 2Q08. Positive operating profit before depreciation (EBITDA) of MNOK 0.1 compared to MNOK -5.3 for 1Q09. Operating profit (EBIT) for 2Q09 was MNOK -1 compared to MNOK -6.7 for 1Q09, an improvement of MNOK 5.7. In 1H09 operating revenue was MNOK 37.2. This represents growth in sales of 95%
compared to 1H08.

Highlights 2Q 2009
- Operating revenue reached MNOK 18.1 which represents 64% growth in sales compared to 2Q08.
- Breakthrough for 24SevenOffice with positive EBITDA according to earlier announced plans. Company's income is based on recurring revenue.
- Ongoing cost reduction program gets full effect from 3Q09 and 4Q09. Continued focus on cost efficiency.
- Accountonit established in Sweden, through a joint venture with the Swedish accounting firm Klara Papper.

- Innovations:
- Facilitated a new module for synchronizing between Microsoft Exchange and cell phones with 24SevenOffice mail, tasks and calendar.