24Seven Technology Group ASA Quarterly report 3Q 2010

24Seven Technology Group ASA had record revenue of MNOK 27 including

unconsolidated business units for 3Q10, up 54% compared to 3Q09. The company had

consolidated revenue of MNOK 20.4, up 16% from 3Q09 and an operating profit

before depreciation (EBITDA) of MNOK 0.4 for 3Q10.

Highlights 3Q 2010

* Unconsolidated record revenue of MNOK 27 in 3Q10, up 54% compared to 3Q09

* Consolidated revenue of 20.4, up 16% compared to 3Q09

* Software revenue up 25%, compared to 3Q09

* Sold private customers in Phonzo AS for MNOK 12

Internationalization

* Internationalization process is progressing as planned

* Strengthening the management team

* Established a working hosting lab facility in the US, enabling fast access

to 24SevenOffice applications locally in the US.

* 24SevenOffice community based Project Management module launched, now works

on Firefox, Opera, Google Chrome and Safari.

* Launched iPhone app for free international communication

* Beta sync ready for synchronization with Google Calendar and Contacts

* Beta conference application

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1466800]

AI Terminal