NETD.L Regulatory News (NETD)

21 Apr 2008 10:00

NetDimensions (Holdings) Limited21 April 2008 NetDimensions (Holdings) Limited forms Joint Venture with Azeus Systems Limited NetDimensions ("NetDimensions" or the "Company") a global provider of learning,knowledge and performance management systems is pleased to announce that it hasentered into a 50:50 joint venture agreement dated 31 March 2008 with AzeusSystems Holdings Ltd, a leading IT services provider listed on the main board ofthe Singapore Stock Exchange. The joint venture company, Great (Bermuda) Island Scientific Limited ("GBISL")will develop, sell and provide maintenance services relating to training andlearning management computer systems. GBISL was incorporated in Bermuda on 30January 2008. Enquiries: +-------------------------------+----------------------+----------------------+|NetDimensions |Jay Shaw |+852 2122 4500 || | | || |Jeffery Cheung | || | | || |Allana Edwards | |+-------------------------------+----------------------+----------------------+|Landsbanki Securities (UK) |Jeff Keating |+44 (0) 20 7426 9000 ||Limited | | || |Fred Walsh | ||Nominated Adviser & Broker | | || |Simon Brown | || | | |+-------------------------------+----------------------+----------------------+|Cardew Group |Tim Robertson |+44 (0) 20 7930 0777 || | | || |Shan Shan Willenbrock | || | | || |Catherine Maitland | |+-------------------------------+----------------------+----------------------+ About NetDimensions: NetDimensions is a software publisher that provides companies, governmentagencies and other organizations with enterprise-class learning, knowledge andperformance management related software and services, enabling its clients tomanage the delivery and administration of their training and compliance programs. For further information, please refer to the Company's website: www.netdimensions.com/investor This information is provided by RNS The company news service from the London Stock Exchange