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Trifork Acquires Full Ownership of Trifork Projects Copenhagen A/S
GlobeNewswire
2012-07-05

                        Message No. 10/2012

AARHUS, Denmark, July 5, 2012 (GLOBE NEWSWIRE) -- Today, Trifork A/S
has purchased the remaining 49% of the shares in Trifork Projects
Copenhagen A/S. The purchase sum in total was DKKm 5 of which DKKm 0,5
is paid with Trifork shares and the rest in cash. The purchase will
have no impact on either revenue or EBITDA for the Trifork Group. For
2012 Trifork still expect a revenue of DKKm 230 and an EBITDA-profit of
DKKm 36.

In 2008 Trifork acquired 51% of the shares in TPC with the purpose to
create a bridgehead for the development activities of Trifork in
Copenhagen. In the period up to today we have succeeded with this goal
and have a very positive trend in both revenue and EBITDA-margins. In
addition, there are created close relationships with a wide range of
customers based on the principle of mutual respect and trust. This
culture fits well with the philosophy of building and maintenance of
customer relationships and building strong relationships with partners.

"By becoming a "full" member of the Trifork-family it makes it even
easier for us to integrate functions and share resources and business
opportunities with other business units within the Trifork Group, and
we expect this to create even more growth for TPC and Trifork, "says
Steffen Bering Jensen, Managing dir., TPC.

"From the very beginning we have had a good synergy with TPC and we are
really pleased to be able to adopt the company completely in the
family", said Joern Larsen, CEO, Trifork, and continues: " With the
acquisition we just state that the original decision to make close
partnership was the right for both parties - and we look forward to the
future developments."

About Trifork Projects Copenhagen

TPC was founded in 2008 based on a comprehensive software development
function from the company Nordija. In 2011 the revenue of the company
was DKKm 14,4, with an EBITDA-result of DKKm 2,7. TPC currently have 12
employees based in Copenhagen and take part in deliverances on all the
business areas of Trifork.

About Trifork

Trifork is an innovative software development company, which develop
and implement business-critical software solutions to several sectors
including: Finance, Healthcare, Government, Manufacturing and Telecom.
The company is organized into three different business-areas: Mobile,
Agile and Cloud, and the 180 employees are spread into 7 offices in
Aarhus, London, Copenhagen, Zurich, Krakow, Stockholm and San
Francisco. Trifork is listed on NASDAQ OMX in Copenhagen with a market
capitalization at the end of 2011 at DKKm 256 / EUR 34M.

Kind regards,

Board of directors, Trifork A/S

Trifork A/S

Margrethepladsen

DK-8000 Arhus C, Denmark

CVR-no. 20921897

ISIN DK0060102887

Shortname: TRIFOR

Phone: +45 8732 8787

Fax: +45 8732 8788

Contact:

CEO, Joern Larsen

Direct: +41 79 430 9697