9.11.2004
The Management of the Finnish Mount10 subsidiary participates in the Finnish company
Rotkreuz (Switzerland)/Lappeenranta (Finland), November 9, 2004
Mount10 Holding AG announces that within the scope of a MBO the management of
the Finnish Mount10 Software Oy (a distribution company in Finland) participates
majoritarian in the Finnish subsidiary. After this transaction, Mount10 Holding
AG will further be involved in the company with 40%.
Mount10 Software Oy is going to change its name to
MultiCom Software Oy. The solution portfolio of MultiCom
will be focused on the distribution of Mount10 software
solutions in the range of Backup & Restore as well
as Data Retention. In order to ensure to the customers
a comprehensive system integration from one hand, MultiCom
will furthermore sell the products of leading hardware
manufacturers as part of the solution offers.
Mount10 Holding AG anticipates by this transaction
a strengthening of potential growth as well as of the
market presence of Mount10’s software products
in Finland and in the other Nordic countries. In this
scope a mid-term stabilization of the profit and loss
calculation of Mount10 Holding AG is expected. Silence
was agreed upon the modalities.
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