CBRAIN — M&A Activity 2012

May 31, 2012

News Details

Ad-hoc | 31 May 2012 11:04

cBrain signs important agreement with Frauhofer i Germany

cBrain A/S

31.05.2012 11:04

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cBrain and the German research organization Fraunhofer have signed a
partnership agreement to bring the cBrain F2 product into Germany. The
agreement is a milestone for cBrain internationally and a result of cBrain
participating in the Danish Foreign Ministry export programme, called Vitus.

The partnership agreement with Fraunhofer includes a number of activities.
Activities include that Fraunhofer will help to bring the cBrain F2 product
into the German government market, and that Fraunhofer has initiated an
internal pilot project within the Fraunhofer FOKUS Institute in order to
evaluate the cBrain F2 product as a digitalization platform for internal use.

Fraunhofer has approx. 20.000 employees, and Fraunhofer is Europe's largest
application-oriented research organization. Fraunhofer has a thorough knowledge
of the government sector, both as advisor, research partner and supplier.
cBrain therefore both regards the partnership agreement as a blue stamp of the
F2 product as well as an agreement with significant perspectives for cBrain
with respect to the German market.

The partnership agreement with Fraunhofer is therefore a milestone for cBrain
in Germany, as cBrain in parallel has initiated its first pilot project and
initiated collaboration with a highly respected partner.

Per Tejs Knudsen, CEO

     Anne Dorthe Hermansen, Investor relations: +45 40118608
     ir@cbrain.dk

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Language: English
Company: cBrain A/S

          Dänemark

Phone:
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ISIN: DK0060030286
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