Oslo/Copenhagen, June 1, 2011

Norway-based ePocket Solutions AS (ePocket) and Denmark-based WPA Mobile ApS (WPA) announced today a merger agreement creating a European leader in Mobile Field Service Software. Together with WPA, the new ePocket will offer best of breed Mobile Field Service and Fleet Management Software Solutions to some 2,000customers with more than 25,000 users in Scandinavia, continental Europe and the UK.

“We are proud to announce a merger between ePocket and WPA that will create value for our customers and shareholders,” says Jarl Spandow, CEO of ePocket. “The market for Mobile Field Service Management Software is fast growing as service centric companies see a growing need to manage their field service and installation operations more efficiently. By implementing an ePocket Handyman or a WPA mobile solution, organizations can typically improve field force productivity by more than 10% while also saving costs and improving quality of operations in the office.”
 

“However, while the market among Field Service Software providers is fragmented with many small local providers, increased software functionality and new mobile platforms call for larger software development units to provide customers with best of breed solutions. By joining forces, ePocket and WPA, not only creates a leading European provider, the companies also complement each other ideally, as the new group will be able to offer both on site Field Service Management Software for the enterprise market and Software as a Service (SaaS) for the small and mid size market segment", Jarl Spandow continues.

“We are glad to team up with ePocket,” says Per Pedersen, CEO of WPA. While WPA is market leader for Mobile Field Service Software in Denmark, ePocket is market leader in Norway and have a strong presence in Sweden and Germany. Together we will be clear market leader in Scandinavia, and the new ePocket Handyman product suite will certainly boost our offering for the Danish enterprise market.”

Acquiring 100 % of WPA Mobile ApS, ePocket Solutions AS will issue new shares to current WPA owners, including Danish Via Venture Partners, the leading Scandinavian IT investor with some 2,2 billion NOK under management.  “We are excited about the merger between ePocket and WPA and we are committed to continue supporting the strong growth of ePocket,” says John Helmsøe-Zinck, Managing Partner at Via Venture Partners.

The new ePocket is expected to reach sales in excess of 65 MNOK in 2011 and will employ some 65 persons in offices in Oslo, Copenhagen, Gothenburg and Dortmund.

For more information about the merger and the companies please refer to:

Jarl Spandow, CEO ePocket Solutions AS, Tel: +47-90034713
Per Pedersen, CEO WPA Mobile ApS, +45-24269763

About ePocket Solutions AS

Headquartered in Oslo and with subsidiaries in Sweden and Germany, ePocket Solutions is a European leader in mobile software for field service management. The ePocket Handyman software is a standard field service management system enabling a paper-free mobile service process with a constant electronic flow of information between the field staff and the office. ePocket Handyman allows companies to effectively manage orders, resources, projects, service items and documentation and the system is in use by more than 1500 field service centric companies in Scandinavia, Germany, Benelux and the UK.

About WPA Mobile ApS

Headquartered in Copenhagen, WPA Mobile is the leading Danish provider of Mobile Software and Fleet Management solutions for field service companies in Denmark. Just like Handyman, the WPA software enables electronic dataflow between the field force and the office for service centric organizations.  The WPA Mobile software is also available as “Software as a Service” solution, minimizing the upfront investment needed to start taking the system in use. Over the past years, WPA has also developed a fleet management solution allowing companies to more effectively manage and plan service vehicles. The WPA mobile solution is in use with more than 500 companies in Denmark, UK and Northern Europe. More information on www.wpamobile.com