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Fjord Media AS attracts growth capital from Verdane Capital.


Oslo, Norway, 2007-09-28

Fjord Media AS, the world’s first company to address all routing, optical transport and processing needs within a single multi-purpose frame system, has received growth capital from Verdane Capital. The funding is part of the strategy to further expand the sales and marketing activities of Fjord Media in the global broadcast industry.

The compact, flexible and scalable products from Fjord Media give customers a solution that has a competitive price/performance ratio, is user-friendly, and is compatible with other vendors’ solutions. The multi-purpose frame and control system free4© integrates all digital formats including, HD-SDI, SDI/SDTI, AES, DVB-ASI, Telco 140/155Mbps, Telco 34/45Mbps, or any digital format with a common broadband crosspoint board.

Since the company was founded in 2005 the acceptance for its technology and multi-purpose frame concept has grown rapidly. “Our IBC 2007 stand was a great success and produced a substantial number of leads for Fjord Media,” says Wiggo Evensen, the CEO of Fjord Media.

“The company is now positioned for strong growth,” he continues “and to help the company in the forthcoming expansion we are pleased to get a partner and experienced investor like Verdane Capital as a shareholder”.

“Fjord Media has an exiting product portfolio and an organisation with experienced industry professionals. We believe the company is well positioned to meet the increasing demand from the broadcast industry. We are thrilled to engage in a partnership to go after the opportunities in this market”, says Arnstein Nordbotten, partner in Verdane Capital.

# # #

Facts about Fjord Media AS: (www.fjordmedia.com)
Fjord Media develops, markets and sells routing, signal processing and optical transmission equipment to the broadcast, multimedia and telecom industries. The company was founded in January 2005 by well known industry professionals with long experience within this field. The HQ is in Sandefjord, Norway.

For further information about Fjord Media AS please contact:
Wiggo Evensen, CEO, Fjord Media AS:
Email: we@fjordmedia.com
Tel: +47 33 52 16 00, Mobile +47 90 20 93 79

Facts about Verdane Capital: ( www.VerdaneCapital.com )
Verdane Capital (formerly known as Four Seasons Venture) has grown to become a leading Nordic investment and investment advisory group. Over the past few years the company has increasingly focused on buying portfolios of direct investments, but also continues to engage in attractive individual high-growth investments.

Verdane Capital funds have more than EUR 430 million in committed capital. Verdane Capital comprises, among other entities, Verdane Capital Advisors, the exclusive investment advisors to the Verdane Capital funds which has 20 seasoned investment advisory professionals.

Verdane’s hands-on experience, combined with its proprietary processes and investment methodology, has contributed to the success of both global and local companies such as Chipcon, Opera Software, Reslink and Stepstone. Verdane Capital has invested in sectors such as ICT, oil/energy, bio-tech, and traditional industries. Of its some 200 investments since inception, 16 were exited through IPOs, while more than 100 were industrial sales.

For more information about Verdane Capital please contact:
Verdane Capital Advisors:
Arnstein Nordbotten, Partner
Email: arnstein.nordbotten@verdanecapital.com
Tel: +47 24 13 70 23, Mobile: +47 95 94 30 28

Lars B. Thoresen, Group Partner
Email: lars.thoresen@verdanecapital.com
Tel: +47 24 13 70 22, Mobile: +47 95 70 74 94


Publisher Contact Information:

Verdane Capital
+47 24 13 70 23
arnstein.nordbotten@verdanecapital.com

Company profile of Verdane Capital
Past press releases of Verdane Capital.

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