Escenic strengthens management – increased focus on sales

Oslo, May 22, 2008: The Board of Escenic AS has appointed Knut I. Skeid as the company’s new CEO. The company’s co-founder and CEO for 9 years, Oyvind Orbak, has moved to Boston, USA and will focus 100% on the important American markets.

Knut I. Skeid was presented at a company meeting yesterday, and he will assume duties immediately. Orbak will continue as the CEO for Escenic Inc. in USA and will be the mother-company’s second in command. Orbak is in addition a substantial stockholder and board member of Escenic AS.

"I am extremely satisfied that Knut joins us now. This makes it possible for me to concentrate on the huge American markets. The potential for Escenic’s technology among news- and media companies is great, not least through our partners CCI and DTI. In addition, the newly announced partnership and possible merger with broadcast graphics vendor Vizrt opens up vast possibilities within the Broadcast markets", says Oyvind Orbak.

Skeid (51) has over the last four years been active within the PR-company 2020 Communications AS, both as partner, consultant, chairman of the board and large owner. He founded the online newspapers Nettavisen.no and Netzeitung.de, was the project manager and editor of the startup of the financial daily Finansavisen, editor of Computerworld and journalist in the publications Kapital and Økonomisk Rapport.

"I am extremely happy to get the chance to contribute in the quickly changing international media industry. Escenic is a fantastic company with world class technology and products. The Scandinavian markets are probably the most advanced online markets in the world, and Escenic is dominant here. Our happy Scandinavian base of extremely demanding customers provide a solid foundation for world leadership.

Together with Vizrt – the world’s leading vendor of broadcast graphics – the combined offering is exceptionally strong for companies that have ambitions to stay ahead as leaders within their online markets – it be newspapers, broadcasters, or commercial enterprises online", says Skeid.

About Escenic:

Escenic is strategic content management software for digital media publishing. Escenic technologies drive over 550 of the most dynamic and exciting news media websites in the world. Escenic has been closely tied to the media industry since 1997. Today we are proud to be considered industry leaders in our sector. With Escenic, competitive commercial enterprises gain access to the same robust technologies that professional publishers have preferred for years.

Contact:

CEO Knut I. Skeid, mobile +47 9222 0352

Oyvind Orbak, mobile (US) +1 617 291 9930; (NO) +47 90098592

Chairman of the Board, Tore Sviland, mobile +47 90183489

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