Proha has made a co-operation agreement with Opuscapita oyj

PROHA HAS MADE A CO-OPERATION AGREEMENT WITH OPUSCAPITA OYJ Proha Plc has made an agreement with OpusCapita Oyj on offering OpusCapita's products world wide as a part of Proha's ASP and Internet Accounting Partners (IAP) services within the financial management business area. The agreement also covers traditional retailing. The agreement concerns OpusCapita Finance and Opus- Capita Electronic Banking products. At the same time, Proha will take OpusCapita products into its own use. Pekka Pere, CEO of Proha, says that the agreement complements the present financial management product portfolio. Proha can now offer comprehensive financial management services to its clientele globally. OpusCapita is expected to become a significant part of the financial management services. OpusCapita Oyj in a nutshell Opus Capita Oyj is a software house specialising in financial management and electronic banking applications. The company is a technology leader in its field in Finland. The key areas of Opus- Capita's product development are Treasury and Cash Management applications and electronic banking systems for companies and banks. OpusCapita software products are in use in most major corporations and thousands of other companies and public service organisations in Finland. OpusCapita was founded in 1983. The company employs 75 people and its turnover in 1999 was about FIM 41 million. Proha in a nutshell Proha is a fast growing, profitable, internationally operating software and services company. The key business areas are Project Management, Financial Management and Internet Technologies. Along with the purchase of the American Artemis Management Systems in the summer of 2000 and the agreed European acquisitions in September 2000, the pro forma net turnover of the Proha Group will exceed FIM 500 million. Over 4/5 of the net turnover originates from outside Finland. The Proha Group employs over 600 people over 400 of which work in the United States, Great Britain, France, Germany, Italy, and Japan. Proha Plc Pekka Pere CEO More information PROHA PLC CEO Pekka Pere, tel. +358 20 4362 000 pekka.pere@proha.fi http://www.proha.fi OPUS CAPITA OYJ Toimitusjohtaja Antti Punkari (03) 248 5111 antti.punkari@opuscapita.fi http://www.opuscapita.fi DISTRIBUTION: Helsinki Stock Exchange Major Media ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/10/02/20001002BIT00980/bit0001.doc http://www.bit.se/bitonline/2000/10/02/20001002BIT00980/bit0002.pdf

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Proha is globally operating software group operating in Project Management (Artemis), Financial Management (Accountor), and ASP services (Intellisoft). Pro forma net sales were EUR 82.2 mio in 2000, number of personnel nearly 700.