June 21, 2005 09:00 AM US Eastern Timezone

Marratech Brings Real-Time Collaboration to United States Business and Education Users

MORRISTOWN, N.J. - June 21, 2005

Creating a Virtual Office Lets Workers Collaborate and Interact from Anywhere to Maximize Efficiency, Effectiveness and Goodwill              

Marratech®, a leading global developer of Web collaboration solutions, has introduced a new concept in real-time Web collaboration to business users in the United States. The company, which has opened a corporate office in Morristown, NJ and a sales office in Costa Mesa, CA, is launching its virtual office technology for the first time in North America.

"In order to remain competitive, companies need to think beyond the very simple idea of tele-commuting to the transformative concept of tele-working," said Lars Persson, CEO of Marratech. "Marratech is now recognized as the most complete video conferencing solution on the Internet--and we are committed to helping companies in the United States build this new 'virtual office' infrastructure."

The benefit of using a virtual office allows people to work from anywhere (home, office, hotel room, coffee-shop or pool-side), rather than being chained to an office or desk, while still working with colleagues as if they were in the same room. Marratech developed the concept of the virtual office over a decade ago, when it decided to exploit the growing potential of broadband high-speed internet for its distance learning facilities.

The virtual office and its virtual meeting rooms are housed on a corporate server and users can drop in and out of the rooms to meet, plan, train and share documents or applications. Anyone who has Marratech open on the desktop can immediately connect, with exceptional voice and video that are encrypted for security, to anyone else who is in the virtual office.

"Marratech puts an end to trying to match schedules for a half hour meeting, and the need to move people and paper to a conference room," said Persson. "On demand collaboration makes the concept of the virtual company a reality. It allows companies to find the right person for the job regardless of where they live and to empower staff to work more productively, save time and achieve better results."

Unlike an office meeting, every user can record the entire session, voice, video and interactive whiteboard, and play it back later, or show it to someone else. Marratech is also the only virtual office environment of its kind which is secure, can record, and more, and is cross platform, running on Windows, Mac or Linux.

The company has worked to build an outstanding technical and management team that brings unmatched experience to the company. Corporate leadership includes:

-- Lars Persson, CEO: Persson has been CEO Telenor Sweden, including Telenor Business Solutions AB, Nextra and Telenordia. Previously head of CellPoint in London, and Telia Mobile International.

-- Magnus Hedberg, Co-founder, Chief Strategy Officer: Hedberg has worked in the telecom industry since 1992 when he started at Telia Research. He joined Bellcore in 1995, where he prototyped one of the first desktop video conferencing service solutions.

-- Serge Lachapelle, VP Product Management, Co-founder: Lachapelle is responsible for all of Marratech's customer deployments and coordination with the R&D group. Previously, he worked with Ericsson.

-- Peter Parnes, PhD., Chief Scientist, Co-founder: Parnes represents Sweden in EU research in networked group communication.

-- James Maynard, Executive VP and Board Member: Maynard is responsible for setting up and maintaining U.S. operations as well as corporate policies and contractual issues.

-- Joseph Bishop, Vice President, Education Sales: Equipped with systems engineering and marketing expertise from Apple, Bishop leads higher education development and professional services in the U.S.

Today, Marratech has 13 employees and serves a broad base of customers including SOHO, K-12 and higher education, and government. The company is also planning new products that will meet the needs of Enterprise customers, as well as Internet users everywhere, and a U.S. channel extension through a network of certified sales and support professionals.

For more information on Marratech and its products and services, visit the company's Web site at www.marratech.com.

About Marratech

Marratech AB is a global company based in Sweden, with offices in the U.S., that develops and markets software solutions which enable remote groups and individuals to collaborate and interact over the Internet. The company's distance learning products are based on research that began in 1995 at the Centre for Distance-Spanning Technology (CDT) at Lulea university of Technology, Sweden. Marratech is being used by companies across the world and has won several industry awards and accolades including the 2001 European IST Prize. The company is owned by Swedish mutual funds as well as its employees and founders. It has operations in the United Kingdom, throughout Europe, the USA, Australia and the Far East, as well as an extensive and rapidly expanding network of resellers and agents. Visit www.marratech.com.