Leading Provider of High-Definition Videoconferencing Solutions Recognized for Excellence
in Product Innovation

NEW YORK AND OSLO, NORWAY, November 08, 2007 – TANDBERG® (OSLO: TAA. OL), a leading global provider of telepresence, high-definition videoconferencing and mobile video, has been named recipient of the 2008 Frost & Sullivan Global Video Conferencing Company of the Year Award for its excellence in product innovation as well as market execution that has accelerated the adoption of video conferencing.
 
Frost & Sullivan noted TANDBERG’s continued top-line growth and market leadership. Through the first nine months of 2007 (January to September), TANDBERG revenues reached $437.6 million, growing 51 percent year-over-year. In 2007, TANDBERG also increased its market share standing to become the number one provider of video conferencing endpoints and infrastructure products.
“Showing strong operating fundamentals, TANDBERG continues to aggressively address new and emerging areas of opportunity in its core video communication business,” said Roopam Jain Principal Analyst at Frost & Sullivan. “TANDBERG has seen impressive top line growth in recent years, reflecting its market leading innovation and strong sales execution.”

According to Frost & Sullivan, TANDBERG has further strengthened its position in the market by broadening its portfolio at both the high end and low end. TANDBERG’s high-end telepresence solution, Experia™, provides a highly collaborative, in-person meeting experience that allows organizations to use their own networks and existing meeting rooms to create a telepresence experience. Movi™ provides a server-based PC-video application for enterprises that increases the accessibility and availability of video communications for PC users.

TANDBERG has also been proactive in green business initiatives by raising awareness for the advantages of using tools and technologies that promote productivity while reducing carbon emissions, traffic congestion and unnecessary business travel.

“Organizations are investing in innovative technologies, such as TANDBERG telepresence and high-definition videoconferencing, to enable natural communication. By providing an in-person meeting experience, TANDBERG solutions enhance collaboration and productivity,” said Fredrik Halvorsen, TANDBERG CEO. "Together with our partners we have been able to expand the market and deliver a superior customer experience. We are honored that Frost & Sullivan has recognized our leadership in this exciting industry.”

The Frost & Sullivan Award for Company of the Year is presented each year to the company that has demonstrated unparalleled excellence within its industry. The award is based on numerous factors, including the company’s business development, competitive strategy, customer satisfaction, and leadership within a particular Frost & Sullivan Industry Research Group (IRG). The company’s customer service offerings and performance are expected to be of very high caliber and the company should have proven expertise in taking advantages of market changes by capturing and solidifying market presence, or through execution of innovative strategies within the existing competitive landscape.

About Frost & Sullivan
Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information, visit http://www.awards.frost.com.

About TANDBERG
TANDBERG is a leading global provider of telepresence, high-definition videoconferencing and mobile video products and services with dual headquarters in New York and Norway. TANDBERG designs, develops and markets systems and software for video, voice and data. The company provides sales, support and value-added services in more than 90 countries worldwide. TANDBERG is publicly traded on the Oslo Stock Exchange under the ticker TAA.OL. Please visit www.tandberg.com for more information

TANDBERG Management Suite (TMS) to provide visibility and control for Codian Multipoint Control Units and Sony video endpoints

NEW YORK and OSLO, Norway, October 11, 2007 -- TANDBERG® (OSLO: TAA. OL), a leading global provider of telepresence, high-definition videoconferencing and mobile video solutions, today announced the support of Codian® and Sony products by the TANDBERG Management Suite (TMS). In addition, the support of Polycom HDX™ systems is planned for the first half of 2008. With these new enhancements, customers with multi-vendor environments will be able to better manage their video networks.

“A true multi-vendor management system such as TMS will allow a system administrator to quickly and easily configure and manage large numbers of endpoints, regardless of manufacturer. This is key to widening the adoption of video,” said Ira Weinstein, senior analyst and partner of analyst firm Wainhouse Research.

A large number of enterprise videoconferencing deployments include video systems and/or infrastructure devices such as Multipoint Control Units, gateways and gatekeepers from multiple vendors, which can present challenges for system managers. With TMS comes the ability to manage endpoints and devices from different manufacturers using a single management interface and platform, which decreases the burden on support staff and lowers the total cost of ownership for video networks.

“We are committed to a vendor agnostic platform and open standards”, said Håkon Dahle, TANDBERG Chief Technologist. “TMS is the most advanced management and scheduling software for videoconferencing networks and allows an organization to fully utilize its video investment, no matter what videoconferencing device is being used.”

The TANDBERG Management Suite (TMS), which already supports a wide range of third-party products, will now support select Sony and Codian products in November 2007. Support for Polycom HDX products is planned for the first half of 2008.

TANDBERG’s Expertise Strengthened to Accelerate Innovation and New Business

NEW YORK and OSLO, Norway, September 24, 2007 -- TANDBERG® (OSLO: TAA. OL), a leading global provider of telepresence, high-definition videoconferencing and mobile video, today announced completion of its acquisition of Codian, an award-winning developer of high-definition videoconferencing infrastructure products. The transaction, a combination of cash and stock, is valued at $270 million (USD). TANDBERG announced an agreement to acquire Codian 18 days ago on September 6, 2007.

Intellectual capital from Codian R&D and sales personnel will further strengthen TANDBERG’s existing expertise to accelerate innovation and the pursuit of new business opportunities in the telepresence, videoconferencing and broader IP communications marketplace.

“I am enthused about the value of bringing together Codian’s talent with our own team to work on future opportunities”, said Fredrik Halvorsen, TANDBERG CEO. “In addition, our company gains valuable high-definition videoconferencing infrastructure products and solutions”.

As a part of TANDBERG's total solution, Codian's state-of-the-art infrastructure products, including Multipoint Control Units (MCUs), gateways, videoconferencing content servers, and management software, will provide customers with a platform for large-scale deployments of high-definition videoconferencing systems. TANDBERG will continue to develop and support the Codian and TANDBERG product lines. These include both the TANDBERG MPS line of MCUs and the Codian MCU platforms.

Codian was a privately held U.K.-based company with service and support in the United States, Europe and Asia, with a total of 107 employees. For the first six months of 2007, Codian posted un-audited revenues of approximately $13 million (USD).

For more information on the TANDBERG product portfolio, including Codian products, visit http://www.tandberg.com

Revenue of 165.3 MUSD and Operating Profit of 38.7 MUSD in 3Q07

• Revenue of 165.3 MUSD with volume of 15,398 units
• Operating profit of 38.7 MUSD and pre-tax profit of 33.0 MUSD
• Cash flow from operations of 53.8 MUSD
• Codian acquisition closed, with financial impact as of October 1
  
  FINANCIALS
  Third quarter revenues were 165.3 MUSD compared with 109.6 MUSD in the same quarter last year. Gross margin for the quarter was 65.5%, compared with 67.9% in the same quarter last year. Selling, general & administrative (SG&A) expenses for 3Q07 totaled 62.9 MUSD, compared with 45.5 MUSD in the same quarter last year. Operating profit was 38.7 MUSD compared with 24.9 MUSD in the same quarter last year. Earnings per share (after tax) were 0.218 USD in 3Q07 compared with 0.164 USD in the same quarter last year.

The Company generated cash flow from operations of 53.8 MUSD in the quarter which after a net cash outflow from investments and financing of 144.0 MUSD, gave a total cash outflow of 90.2 MUSD. As of September 30, the Company had a cash balance of 50.3 MUSD and an equity ratio of 62.8%.

FINANCIAL TABLES
Click for financial tables.

OPERATIONS
Reviewing third quarter results, Fredrik Halvorsen, Chief Executive Officer, stated, “Video is becoming an integral component of a total IP solution. TANDBERG’s healthy topline growth in the third quarter reflects this industry trend. The Company executed solidly, strengthened by continued investment in sales and R&D.

To pursue a leadership role in the larger IP communications market, the Company acquired Codian, an award-winning infrastructure provider. The acquisition provides additional resources for accelerating technology innovation. The integration is well underway and well received by customers, partners, and employees of both companies.

Continued tight working capital management is evident from the balance sheet with stable DSOs at 62.3 days. “

MARKETS
In 3Q07, TANDBERG sold 15,398 units compared with 10,102 units in the same quarter last year, a 52.3% increase.

AMERICAS
Revenue in the Americas Theatre during 3Q07 totaled 92.4 MUSD compared with 64.4 MUSD the same quarter last year.

The Americas results reflect a strong finish to the Federal buying season, as well as a high-performing and customer-focused sales team. In addition, customers in the Theatre are embracing the complete high-definition (HD) end-to-end solution offered by TANDBERG.

The Americas Theatre will focus on the network business. Most importantly, the integration of Codian will include cross-training of sales teams and channel partners.

EMEA
Revenue in EMEA during 3Q07 totaled 54.0 MUSD, compared with 35.8 MUSD in the same quarter last year. The Theatre completed the quarter with an overall strong performance, but with somewhat mixed regional execution. High performing areas included Spain, the Netherlands, and Northern Europe.

The EMEA team will focus on scaling its sales and channel teams, as well as selective geographic expansion. As in the Americas Theatre, integration of Codian is a priority.

ASIA PACIFIC
Revenue in APAC during 3Q07 totaled 18.9 MUSD, compared with 9.5 MUSD in the same quarter last year. Theatre performance was on track for the quarter, but North Asia is still fragile.

In South Asia, Singapore and Australia continue to perform strongly.

STRATEGIC INITIATIVES
To take advantage of the IP communication market opportunity and establish a distinct position as a provider of Natural Communication, TANDBERG continues to execute along the three priorities outlined for 2007:

Sustain strong operating fundamentals: The Company balanced long term and short term execution in the field.

Address areas of opportunity in the core business in 2007: TANDBERG has been expanding at the high end of the market with telepresence. In the third quarter, HP announced the HP Halo Gateway, based on TANDBERG technology. The Gateway links HP telepresence studios with standards-based videoconferencing systems. In addition, personal telepresence systems such as the 1700 MXP are gaining importance in this market. HP and TANDBERG are committed to an ongoing partnership.

Invest aggressively to capture the converged IP communication opportunity: TANDBERG’s acquisition of Codian positions the Company to pursue a leadership role in the larger IP communications market. The transaction closed on September 24, 2007 and is already providing customers with a robust platform for large scale HD videoconferencing deployments, and will accelerate innovation. The integration of Codian is proceeding with minimal disruption to the business, and support for Codian Multipoint Control Units in the TANDBERG Management Suite has been made available.

The TANDBERG Video Communication Server (VCS) was launched in 3Q as a key part of the Company’s SIP strategy. The VCS promotes personalized video with the FindMe™ feature, which allows users to set dialing destinations for incoming calls. Calls are completed every time, reaching a person instead of a device.

WEBCAST/CONFERENCE CALL DETAILS
Today at 5:00 pm Central European Time or 11:00 am Eastern Time, Fredrik Halvorsen, Chief Executive Officer, will host a live webcast/conference call from Oslo, Norway. Additionally, a PowerPoint presentation will accompany the webcast/conference call. To access the webcast, please visit:

https://tandbergevents.webex.com/

For those who prefer to dial-in, the conference call can be accessed at +1.800.203.4167 (U.S. callers) +1.617.614.3931 (international). The audience passcode for the call is TANDBERG. An online archive of the broadcast will be available within one business day.

OSLO and NEW YORK, October 15, 2007
The Board of Directors of TANDBERG asa

Jan Chr. Opsahl (sign.)
Chairman

Fredrik Halvorsen (sign.)
Chief Executive Officer

For further information please contact Elin Nokleby, ph. + 47 98 28 98 04.

Unaudited fourth quarter results will be released on January 31, 2008.

FINANCIAL TABLES
Click for full press release plus financial tables.

FINANCIAL STATEMENTS - BASIS FOR PREPARATION
The enclosed consolidated condensed financial statements have been prepared in accordance with IAS 34, “Interim Financial Reporting”.

SIGNIFICANT ACCOUNTING POLICIES
The accounting policies and methods of computation used in the preparation of the financial statements are consistent with the policies used in the annual financial statements for the year ended December 31, 2006. The enclosed consolidated condensed financial statements should be read in conjunction with the 2006 annual financial statements, which include a full description of the Group’s accounting policies.

Acquisition provides immediate products, solutions and resources for seizing current growth opportunities; enhances TANDBERG technology leadership

NEW YORK and OSLO, Norway, September 6, 2007 — TANDBERG® (OSLO: TAA.OL), a global leader in visual communication, today announced the acquisition of Codian, an award-winning developer of high-definition videoconferencing infrastructure products. The transaction, a combination of cash and stock, is valued at $270m (USD). The acquisition, subject to conventional closing conditions, is expected to close in Q3 2007.

Codian's experienced R&D and sales teams give TANDBERG access to additional resources for accelerating technology innovation and capturing current opportunities within core markets — videoconferencing and telepresence — as well as targeting new opportunities in the broader IP communications marketplace.

As a part of TANDBERG's total solution, Codian's state-of-the-art infrastructure products will provide customers a robust platform for large scale deployments of high-definition videoconferencing systems. The joint solution will greatly improve video quality and ease-of-use for multi-party conferences, enhancing customer experience and increasing meeting productivity.

"Customers are increasingly making video the natural, first choice for communication, which in turn is driving the demand for highly reliable and scalable solutions," said TANDBERG Chief Executive Officer Fredrik Halvorsen. "Adding Codian's talented R&D and sales teams, as well as best-in-class infrastructure products to our total solution, will position TANDBERG to capture current market momentum and pursue a leadership role in the larger IP communications marketplace."

The Codian product line includes enterprise and carrier-class Multipoint Control Units (MCUs), gateways, videoconferencing content servers, and management software. TANDBERG will continue to develop and support the Codian and TANDBERG product lines, including both the Codian MCU platforms and the TANDBERG MPS line of MCUs.
"This is an exciting time for Codian, our customers and our partners," said Codian Chief Executive Officer David Holloway. "Our employees will be joining forces with the technology leader in the visual communication space, and this acquisition will provide Codian customers with access to a complete solution for visual communication. We believe the combined offering will expand the market and bring new revenue opportunities for our channel partners."

Founded in 2002 and headquartered in the United Kingdom, Codian is a privately held company with service and support in the United States, Europe and Asia, with a total of 107 employees. For the first six months of 2007, Codian posted un-audited revenues of approximately $13m (USD).

For more information on Codian visit http://www.codian.com/.

Vendor Relationship to Deliver High Quality Videoconferencing to Enterprise-based Unified Communications

NEW YORK AND OSLO, NORWAY, October 16, 2007 -- TANDBERG® (OSLO: TAA. OL), a leading global provider of telepresence, high-definition videoconferencing and mobile video, today announced its plans to make its full line of standards-based products interoperable with Microsoft Office Communications Server 2007. This interoperability between Microsoft and TANDBERG solutions will enable individuals to launch high quality video calls from their desktop, ensuring video becomes an integral part of the business day.

Microsoft Corp. and TANDBERG share the vision of a complete unified communications environment, providing customers with enhanced capabilities for instant, collaborative communications. With Office Communications Server 2007 and TANDBERG, PC users will be able to establish initial contact through presence and messaging, then simply escalate to a high quality videoconference for face-to-face interaction.

“I am excited about our relationship with TANDBERG for accelerating the evolution of the unified communications platform,” said Gurdeep Singh Pall, vice president, Unified Communications Group, at Microsoft Corp. “Interoperability with TANDBERG is key for our joint customers and will provide high-quality videoconferencing solutions in meeting rooms and on desktops around the world.”

By combining TANDBERG’s video capabilities with Office Communications Server 2007, businesses can streamline communications, build a future-ready foundation for collaboration, increase efficiency and reduce costs.

“TANDBERG is fully committed to interoperability with Office Communications Server 2007," said Fredrik Halvorsen, CEO of TANDBERG. “By working closely with Microsoft, our solutions from desktop video to telepresence will broaden the value users will realize with Office Communications Server 2007.”