Xantic BV Sells Xantic MPC

March 5, 2002

Effective January 1, 2002, Xantic MPC (former SpecTec MPC) was sold to the management backed by a group of investors. The new owners are: Øystein Moan, CEO Visma ASA, former owner of the SpecTec Group, former CEO of the Cinet Group and chairman of the SpecTec Group; Tore Bjerkan, CFO Visma ASA; Thomas Falck; Partner Four Seasons Venture AS, former CEO of the SpecTec Group and former chairman of Xantic MPC; Allen Amos, Sales Director CCT; Tore Kirkedam, Managing Director CCT . Xantic BV decided to sell the hardware division as part of a strategy to focus more on its core business, airtime and software. The new owners will continue operations, focusing on development, production and sale of specialized, class approved computer equipment. The company will continue to improve its support and service, maintaining its warranty obligations towards customers with Amos or Cinet maritime computer products. Warranty service will continue to be handled through Xantic's worldwide organization As part of the take over process the company will change name to Certified Computer Technology (CCT) AS, Glynitvegen 33, 1400 Ski, Norway

Xantic BV Sells Xantic MPC

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