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14.12.1999

Letter of intent



Intraview AS, a subsidiary in the Visma Group, and Mondas PLC have signed a letter of intent regarding market cooperation.

The agreement relates to the products TimeEase from Intraview and Intralink ST from Mondas PLC.
Intralink ST is an intranet product used in a number of municipalities, financial institutions and shipping companies in Norway and the UK. TimeEase is a Web-based time and project management system.

The cooperation will involve integration of TimeEase and Intralink ST, as well as the marketing and sale of TimeEase through Mondas PLC�s offices in Norway and England. Mondas PLC is listed on the London Stock Exchange.

In the year 2000, Intraview expects sales of about NOK 10 million via the agreement with Mondas PLC.




For further information, please contact:

�ystein Moan, Visma ASA
Kjetil Brakstad, Intraview AS