20-20 Technologies Inc.
TSX : TWT

20-20 Technologies Inc.

January 24, 2007 21:53 ET

MBI 20-20 Technologies GmbH Changes Name

OSNABRUECK, GERMANY--(CCNMatthews - Jan. 24, 2007) - MBI 20-20 Technologies GmbH, a wholly owned subsidiary of Canadian-based 20-20 Technologies Inc. (TSX:TWT), today announced it has been renamed 20-20 Technologies GmbH following the company's recently completed integration process. Located in Osnabrueck, Germany, the management team of 20-20 Technologies GmbH, along with its staff located in Vienna, Austria and the 20-20 Benelux staff, will operate as 20-20's Central and Eastern Europe (CEE) region.

"The acquisition of MBI by 20-20 Technologies was very well received by MBI customers. The German based management of 20-20 then recommended, following the successful integration with 20-20 Technologies, that the timing was perfect to change the corporate name of the group. Moreover, in completing the integration of the products from 20-20 and the former MBI, we can now offer an expanded product solutions package to our customers," said Lorenz Weber, Managing Director responsible for Operations, 20-20 Technologies GmbH.

"The fact that all our existing 20-20 Factory Network customers have renewed their maintenance and support is proof the integration was a success, with our customers as the beneficiaries," said Jorg Witthus, Managing Director, responsible for sales, 20-20 Technologies GmbH. "In fact, Dutch manufacturer Bribus, a pre acquisition MBI customer, is currently implementing a 20-20 end-to-end solution that comprises 20-20 Virtual Planner, 20-20 Design and 20-20 Factory Network."

"20-20 Technologies has made significant progress with the integration of recent acquisitions. Our focus on promoting our unique end-to-end solution and expanded product offering in new geographic markets to both retailers and manufacturers remains on track," said Jean Mignault, founder and CEO of 20-20 Technologies. "With the ongoing integration of, for example, both our MBI and Virtual Systems acquisitions, the 20-20's brand is increasingly recognized and associated with connected technology within the interior design industries."

One week ago, 20-20 announced the creation of the "20-20 Pattern Systems" sales group, following the closing of its acquisition of the assets of Pattern Systems International, Inc. "All these steps are reinforcing the 20-20 brand in the interior design and woodworking industries worldwide," said Jean-Francois Grou, President and Chief Operating officer.

IMM - International Furniture Fair Highlights

20-20 Technologies GmbH participated in the IMM exhibition, the world's leading furniture fair, in the Cologne-Deutz Exhibition Center, Messeplatz, Germany, held from January 15 to 20, 2007. This participation confirmed the need for 20-20's visionary end-to-end solution for the interior design industries. "We met hundreds of visitors at our booth during IMM and all of them were impressed by the richness of our product portfolio, which can now meet not only the needs of manufacturers but also those of retail customers," said Jorg Witthus. The 20-20 product portfolio comprises an end-to-end solution that is unique in both its integrated processes and in its solution-driven support dedicated to the furniture industry worldwide.

Steinhoff chooses 20-20 Technologies GmbH

The Steinhoff Group, one of the top five furniture groups in Europe, and the largest in Africa, agreed during the IMM fair to complete their 20-20 Factory Network roll-out internationally. "20-20 Factory Network has already proven to be the added-value solution to our global business. It is the right time and place to team up with and further develop our business with 20-20 Technologies GmbH," said Theo Finkeldey, I.T. Manager - Steinhoff Germany.

Feedback from customers indicates 20-20's latest enhancements will significantly improve their business processes. With no comparable competition within the European market, 20-20 Factory Network version 3.2, a fully integrated ERP system for manufacturers, is set to play a key role in 20-20's end-to-end solution for the European market.

About 20-20 Technologies

20-20 Technologies is the world's leading provider of computer-aided design, specification, sales, marketing, engineering and manufacturing software solutions tailored for the interior design and furniture industries. Dealers and retailers use its desktop and Web-based state-of-the-art products and solutions for the residential and commercial interior design markets. 20-20 also offers a unique proprietary end-to-end solution, integrating the entire breadth of functions in interior design through one platform. It provides a bridge between data communication from a point-of-sale to manufacturing and world-leading enterprise resource planning (ERP) systems including computer-aided engineering and plant floor automation software. 20-20's software is sold in over 90 countries, in nearly 20 languages and used at over 35,000 points-of-sale worldwide. Registered users of the Company's software exceeds 100,000 and 20-20 now has catalog data for close to 1,000 manufacturers worldwide. The Company, celebrating its 20th anniversary, is a publicly traded company (TWT) on the Toronto Stock Exchange (TSX). For more information, visit www.2020technologies.com.

Forward-Looking Statement

Certain statements contained in this press release constitute forward-looking information within the meaning of securities laws.

Implicit in this information, particularly in respect of future operating results and economic performance of the Company are assumptions regarding projected revenue and expenses. These assumptions, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Readers are cautioned that actual future operating results and economic performance of the Company are subject to a number of risks and uncertainties, including general economic, market and business conditions and could differ materially from what is currently expected.

For more exhaustive information on these risks and uncertainties you should refer to our most recently filed annual information form which is available at www.sedar.com. Forward-looking information contained in this report is based on management's current estimates, expectations and projections, which management believes are reasonable as of the current date. You should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While we may elect to, we are under no obligation and do not undertake to update this information at any particular time unless required by applicable securities law.

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