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    <title>Maconomy News</title>
    <link>http://www.maconomy.com/layouts/RSS.aspx</link>
    <description>Lots of news from Maconomy</description>
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      <title>Klaus Juhl Wulff appointed new CFO in Maconomy</title>
      <link>http://www.maconomy.com/NewsList/Corporate/2008/KlausJuulWulff.aspx</link>
      <pubDate>Thu, 10 Jul 2008 12:00:00 GMT</pubDate>
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				<strong>Klaus Juhl Wulff </strong>will join Maconomy A/S as <strong>Chief Financial Officer </strong>on September 1. Klaus Juhl Wulff has extensive international finance experience, most recently from a position as Nordic Finance Director in ACNielsen – The Nielsen Company.</p>
<p>Klaus Juhl Wulff was previously Nordic Finance Director at StepStone A/S where he headed M&amp;A activities as well. Klaus Juhl Wulff is 35 years old and holds a cand.oecon degree from the University of Aarhus.</p>]]></description>
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      <title>Maconomy A/S signs preliminary deal with Marstrand Innovation</title>
      <link>http://www.maconomy.com/NewsList/Corporate/2008/MarstrandPreliminaryDeal.aspx</link>
      <pubDate>Tue, 01 Jul 2008 12:00:00 GMT</pubDate>
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		<p>Maconomy A/S today signed a preliminary deal with <strong>Marstrand Innovation A/S</strong> regarding the acquisition and purchase of IP rights (Intellectual Property) to <strong>Maconomy People Planner</strong> – an advanced resource and planning tool for efficient resource management and project follow-up.</p>
<p>Maconomy People Planner has been developed in close collaboration between Maconomy and Marstrand Innovation. The solution was released to market in October 2007 as an integrated part of Maconomy X+, but it can also be used on a standalone basis or be integrated with other systems (point solution).</p>
<p>Maconomy People Planner increases profitability by way of better resource utilisation and the improved resource overview enables greater order capacity with fewer budget overruns – significant performance parameters for Maconomy’s customers. Read more about&nbsp;Maconomy People Planner&nbsp;<a href="/peopleplanner" target="_self">here</a>.</p>The 2008 expectations for Maconomy’s People Planner licence sales amount to <strong>approx. DKK 10 million </strong>(four times greater than the revenue in 2007). These expectations will not be changed in case of a final agreement with Marstrand, but the expense structure will be changed from payment of royalty fees to financing expenses.]]></description>
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      <title>Maconomy delivers ERP system to Canadian company</title>
      <link>http://www.maconomy.com/NewsList/Corporate/2008/Cossette.aspx</link>
      <pubDate>Thu, 26 Jun 2008 12:00:00 GMT</pubDate>
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				<i>Maconomy has signed a deal with Cossette Communication Group in Canada in collaboration with Maconomy’s Canadian distributor 360 Visibility. The deal includes a Maconomy Agency Solution for 1,350 users.</i>
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<p><strong>Cossette Communication Group </strong>is an international communications firm with offices in Canada, USA and England. The company provides a wide range of communication services for more than 800 clients, including some of the top brands in the world. Cossette has approx. 1,650 employees and is publicly listed on the Toronto Stock Exchange.</p>
<p><strong>Maconomy Agency Solution </strong>is an ERP solution specifically designed for creative agencies. The solution enables Cossette to optimise its project and financial processes. Furthermore, the solution is fully scalable and can be used seamlessly across national borders. The implemented Maconomy solution is expected to go live at Cossette on February 1, 2009.</p>]]></description>
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      <title>PIC Solutions Chooses Maconomy</title>
      <link>http://www.maconomy.com/NewsList/Corporate/2008/pic.aspx</link>
      <pubDate>Tue, 24 Jun 2008 11:01:48 GMT</pubDate>
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		<p>Maconomy South Africa signed a contract for 120 users with PIC Solutions to implement the full Maconomy Consulting Solution (MCS). PIC Solutions is the leading specialist credit risk solutions company in the EMEA region. With offices in Cape Town, Dubai, Johannesburg, Manama and Nairobi, it delivers integrated analytics, consulting and software solutions to over 150 companies in 30+ countries. Its services are used by organisations worldwide to raise their performance, drive their strategies and enhance their profitability. </p>
<p>Maconomy addresses its key project costing, financial, operational and people-management requirements and is set to improve operational efficiency &amp; employee utilisation. The solution is set to go live in the third quarter of 2008.</p>]]></description>
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      <title>C2 Brand Implementation signs with Maconomy Sweden</title>
      <link>http://www.maconomy.com/NewsList/Corporate/2008/c2.aspx</link>
      <pubDate>Mon, 23 Jun 2008 14:00:56 GMT</pubDate>
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		<p>C2 Brand Implementation has signed a contract with Maconomy Sweden for 37 users. They will implement the Maconomy front office Consulting Solution, including CRM. The solution will integrate to their existing back office solution Microsoft Dynamics Axapta.</p>
<p><a href="http://www.c2.se/" target="_blank">C2</a> has 15 years experience working with media production. That includes Creative Retouch, Final Art, GTS, Traffic and Prepress. They have also developed a Marketing Resource Management system (MRM system), BrandairportTM, that helps companies produce and manage their marketing material in a more efficient way. C2 have 37 employees and the office is located at Kungsgatan 26, Stockholm.<br /></p>]]></description>
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      <title>ESRI S-GROUP has signed a contract with Maconomy Sweden</title>
      <link>http://www.maconomy.com/NewsList/Corporate/2008/esri.aspx</link>
      <pubDate>Mon, 23 Jun 2008 13:46:21 GMT</pubDate>
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		<p>ESRI S-GROUP has signed a contract with Maconomy Sweden for 150 users. They will implement the Maconomy Consulting Solution, including Order and Warehouse Management, Subscription, Electronic Invoice Management and SFTI Svefaktura.</p>
<p><a href="http://www.esri-sgroup.se/" target="_blank">ESRI S-GROUP</a> is the leading Geographic Information System (GIS) Company in the Nordic region. The company provides world leading GIS solutions in both the Public and the Private sector. ESRI-S GROUP is an independent distributor for the American GIS software company ESRI Inc.</p>]]></description>
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      <title>Statement of Direction 2008-2010</title>
      <link>http://www.maconomy.com/NewsList/Corporate/2008/StatementofDIrection2008-10.aspx</link>
      <pubDate>Mon, 19 May 2008 18:46:32 GMT</pubDate>
      <description><![CDATA[
		<p>This document provides customers and partners with an insight into the product strategy for our industry solutions and technologies for the three-year period from 2008 – 2010. This is the third annual publication of our Statement of Direction, providing an update to the Statement published in Januar, 2007. </p>
<p><a href="~/media/investor%20relations/2008/StatementOfDirection_2008_2010_pdf.pdf" target="_blank">Download Statement Of Direction 2008-2010</a>&nbsp;</p>]]></description>
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      <title>Maconomy continues high licence growth in 2008</title>
      <link>http://www.maconomy.com/NewsList/Corporate/2008/pressreleaseHighlicensGrowth.aspx</link>
      <pubDate>Wed, 30 Apr 2008 14:51:40 GMT</pubDate>
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		<p>
				<i>Maconomy concluded Q1 2008 with a 20% growth rate in the essential licence revenue compared to the same quarter last year. </i>
				<i>Management retains its expectations for 2008 with DKK 260 million in revenue and a profit before depreciation (EBITDA) of DKK 25 million.</i> <i></i></p>
<p>The ERP company Maconomy today presented a quarterly report with revenue of DKK 54.0 million in the first quarter, up 8% from the first quarter of 2007. EBITDA in the first quarter of 2008 was a negative DKK 5.3 million. Adjusted for non-recurring costs of DKK 3.0 million, the result was an improvement of DKK 1 million compared to the first quarter of 2007.</p>
<p>Once again revenue growth was fuelled by strong growth in software licence sales, which rose by no less than 20% to DKK 14.9 million. Accordingly, Management retains its expectations for 2008 with revenue of around DKK 260 million, licence sales of DKK 90 million and a profit before depreciation (EBITDA) of DKK 25 million.</p>
<p>“With another satisfactory quarter in the books we continue to strengthen our business on growth as well as operational profitability,” says CEO Hugo Dorph, Maconomy. “We are fundamentally competitive when dealing with mid-sized knowledge-intensive organisations that manage their activities as projects.”</p>
<p>Maconomy stayed on its positive course as it continued its long streak of quarters with significant licence growth compared to the same quarter the year before. Licence revenue is the key driver for Maconomy’s continued growth as it is important that the company’s fixed software development costs are distributed on as many licences as possible. Additionally, licence revenue helps build the pipeline for consulting services as well as maintenance and support subscriptions several years down the road.</p>
<p>Maconomy managed to land deals with several large customers during the first quarter, including Deltares from Holland and Opera Software from Norway. Maconomy’s focus on a wider customer segment has already generated new customers within new subsegments and the aggregate number of users in March 2008 was nearly 108,000 compared to 93,000 users in March 2007. This growth enables Maconomy to implement further improvements of core functionality, usability and open standards planned in future versions of Maconomy’s ERP solution.</p>
<p>“Many of our recent wins back up the strategy we announced in December 2007 of expanding our focus beyond our core customer segments to the wider "Professional Services Organisations" segment. Continued success with this strategy will make us less dependent on the more cyclical customer segments of consulting and marketing communications, but even in those segments we see continued demand,” says Hugo Dorph.</p>
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<p><b>Further information:</b><b></b></p>
<p>Hugo Dorph, CEO<br />(+45) 35 27 24 24</p>
<p style="LINE-HEIGHT: normal"><b></b></p>
<p>Ulrik Christensen, CFO<br />(+45) 35 27 23 67</p>
<p><a href="mailto:pr@maconomy.com">pr@maconomy.com</a></p>
<p><a href="/upload/investor%20relations/2008/pressrelease_20080430_interimreportQ1_2008_uk_pdf.pdf" target="_blank"><img height="16" alt="PDF" src="~/media/Images/2007site/file_acrobat_gif.gif" width="16" border="0" /></a>&nbsp;Download it in PDF format</p>
<p><i>Read about Maconomy’s Customer Event <b>People &amp; Profitability – Change to Win</b> (Axelborg, May 19-20):</i><i> </i><i><a href="http://www.event.maconomy.com/" target="_blank">www.event.maconomy.com</a></i><i></i></p>]]></description>
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      <title>Maconomy closes Swedish deal for 2,500 licences</title>
      <link>http://www.maconomy.com/NewsList/Corporate/2008/semcon.aspx</link>
      <pubDate>Tue, 29 Apr 2008 11:30:57 GMT</pubDate>
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		<p>
				<i>Maconomy Sweden today signed a major deal with Semcon Group. The deal includes a Maconomy Consulting Solution for 2,500 users in Sweden with a number of add-on modules.</i> </p>
<p>Semcon Group decided to implement Maconomy’s ERP solution in the Swedish organisation to optimise its resources and streamline its business processes. Semcon Group’s new Maconomy solution is based on a number of standard modules and the HR and Electronic Invoice Management add-on modules. Additionally, Semcon Group purchased Maconomy’s Business Intelligence solution Maconomy AnalytiX and the resource management tool People Planner.</p>
<p>People Planner is an innovative tool that gives Semcon Group a full overview of the resource capacity of the organisation and advanced resource assignment capabilities for large as well as small projects. Semcon Group will start using the implemented Maconomy solution on January 1, 2009.</p>
<p>“This solution will help us realise major improvements that support our internal and business processes. We are very excited and really look forward to the implementation project,” says Group Business Controller Thomas Andrén, Semcon Group. </p>
<p>Semcon is a global technology development company with business at 40 sites on three continents; Asia, Europe and South America. The Group is active in product development and technical information and is organised into three business areas: Automotive R&amp;D, Design &amp; Development and Informatic. In addition to Semcon the Group consists of <a href="http://www.ivm-automotive.com/" target="_blank">IVM Automotive</a> and <a href="http://www.caran.com/" target="_blank">Caran</a>. The Group has around 3,700 employees and annual sales of around SEK 3.3 billion pro forma in 2007. Semcon’s shares are listed on OMX Nordic Exchange Stockholm under the SEMC ticker.</p>
<p>Maconomy’s business solution was selected after Semcon Group had evaluated different ERP solutions based on a wide range of functional and process-oriented criteria. The goal was to ensure that Semcon Group would acquire the optimal ERP solution for the Group’s particular needs. Maconomy demonstrated a deep knowledge of the workflows in a knowledge-intensive organisation and Maconomy’s ERP solution covered Semcon Group’s needs within G/L, Human Resources, project management, resource planning and Business Intelligence.</p>
<p>“The deal with Semcon Group proves that we are firmly positioned to help large corporations within our key customer segment ‘Professional Services Organisations’ optimise their workflows and support their continued growth internationally. Semcon Group is a household name in the Swedish engineering consulting industry and would not settle for anything less than the ideal ERP solution for their specific requirements,” says CEO Hugo Dorph, Maconomy.</p>
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<p><b>Further information:</b></p>
<p>Hugo Dorph, CEO<br />(+45) 35 27 24 24</p>
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<p>Claus Thorsgaard, COO<br />(+45) 35 27 23 58</p>
<p><a href="mailto:pr@maconomy.com">pr@maconomy.com</a></p>
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<p>Please note that this release does not affect Maconomy’s financial expectations for 2008.</p>
<p><a href="/upload/investor%20relations/2008/pressrelease_20080429__Semcon_uk_pdf.pdf" target="_blank"><img height="16" alt="PDF" src="~/media/Images/2007site/file_acrobat_gif.gif" width="16" border="0" /></a>&nbsp;Download it in PDF format</p>]]></description>
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      <title>Maconomy helps BBH to greater business performance</title>
      <link>http://www.maconomy.com/NewsList/Corporate/2008/BartleBogleHegarty.aspx</link>
      <pubDate>Thu, 24 Apr 2008 09:54:37 GMT</pubDate>
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				<i>Integrated solution displaces cumbersome manual processes for resource and traffic planning</i> </p>
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<p style="LINE-HEIGHT: normal">Maconomy, a leading provider of business solutions and services for professional services organisations and marketing communications organisations, announced today that Bartle Bogle Hegarty has deployed the Maconomy Agency Solution with AnalytiX to more than 200 employees to streamline accounting functions as well as project and resource planning for increased efficiency and better overall business performance.</p>
<p style="LINE-HEIGHT: normal" />
<p style="LINE-HEIGHT: normal">Maconomy Agency Solution is a single, integrated enterprise resource planning (ERP) solution designed specifically for marketing communications agencies. The AnalytiX module adds business intelligence capabilities to the core platform to gain greater perspective on resource utilisation to avoid the common problems such as over-servicing clients and under-utilising in-house talent.</p>
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<p style="LINE-HEIGHT: normal">“Maconomy’s resource utilisation will help us better manage our staff,” said Dan Tucker, Chief Financial Officer at BBH. “Maconomy gives us more comprehensive visibility into client resource requirements, speeding our ability to track and project profitability at both a client- and company-wide level.”</p>
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<p style="LINE-HEIGHT: normal">At BBH, Maconomy Agency Solution displaced cumbersome, error-prone manual processes to drive down administrative costs and provide confidence in the information coming out of the system for more effective planning.</p>
<p style="LINE-HEIGHT: normal" />
<p style="LINE-HEIGHT: normal">“A clear and comprehensive view of overall business health is essential to daily operations as well as future growth plans,” said Steen Andersen, Country Manager, Maconomy US. “We have designed the Maconomy Agency Solution specifically to provide marketing communications agencies with the information they require to maximise profitability through finance management, job costing, project management, business intelligence, and resource planning – all in a single integrated solution.”</p>
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<p style="LINE-HEIGHT: normal"><b>About BBH</b></p>
<p style="LINE-HEIGHT: normal"><a href="http://www.bartleboglehegarty.com/N.America.aspx" target="_blank">BBH</a> is a full-service advertising agency founded in 1982 with offices in London, Singapore, Tokyo, New York, Shanghai and Sao Paulo employing over 860 people.</p>]]></description>
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