Acquisition of OpenHR, a highly renowned eHR specialist and SAP NetWeaver partner.
Brussels, Paris, Madrid, Atlanta - 9 January 2006
ARINSO International (Euronext Brussels: ARIN), a leading provider of HR Technology Consulting & Outsourcing Services, is proud to announce today the acquisition of OpenHR, a leading provider of pre-packaged eHR templates & solutions and a highly respected SAP NetWeaver partner.

From its inception in 1997, OpenHR has provided SAP consulting services to over 70 companies and completed more than 200 successful installations of its e-HR templates and HR software for clients all over the world. OpenHR is active across Europe and North America with offices in Brussels, Paris, Madrid and Atlanta and clients in 10 different countries. In 2005, revenues exceeded EUR 6 million. The company counted 70 employees at year end, many of them SAPHR or NetWeaver certified.

OpenHR references include many high profile customers such as Alcatel, Belgacom, Electrabel, Fortis, Getronics, Inbev, Proximus and Total in Belgium; Alcan, Arte, EDF, RTE, Sanofi-Aventis and Suez in France; DaimlerChrysler, Enagas, Gas Natural and Repsol YPF in Spain and Kimberley-Clark, Respironics, SMUD, Solvay in the United states, either for OpenHR products or eHR consulting services.

The company has developed leading add-on products to the SAPHR software, such as a well-established reporting tool (HR Browser) and an integrated Charting & Organisational Management tool. These products reinforce ARINSO's value proposition in web enabled add-on products for SAPHR customers. In recent years, OpenHR has proved to be a strong SAP NetWeaver consulting partner, employing some of the best NetWeaver experts in the industry.

The integration of the OpenHR eHR solutions and experience combined with ARINSO's QuickStart solutions, will confirm euHReka®, ARINSO's multi-client HR platform, as the leading integrated and leading SAP based HR outsourcing solution. By adding OpenHR's products, euHReka now supports all HR processes through state of the art Web technology.

Jos Sluys, CEO of ARINSO International: "OpenHR has been highly successful in bringing together SAP technology and HR processes into a truly integrated and process oriented HR solution. Many of the concepts developed by OpenHR are leading the way towards future HR solutions. We are very pleased that OpenHR joins ARINSO, allowing us to further enforce our leadership in HR technology based on SAPHR. The combination of ARINSO's and OpenHR's eHR and NetWeaver skills will constitute a group of over 150 experts worldwide with in-depth knowledge on how to bring SAPHR solutions to the end-users. We will bring all this expertise together for both our integration and our HR outsourcing clients, thus further extending the value of euHReka to our customers."

Sebastien Cvilic, founder and CEO of OpenHR adds: "Merging with ARINSO brings a great future for our staff and clients. While teaming with the global market leader, we can bring extended expertise on eHR and NetWeaver to a larger number of customers. NetWeaver based technology will be an ever more important component in the solution of SAP customer across the globe. With the enlarged team of ARINSO experts and using SAP Technology, we can take the leadership position in this evolution."

Eric Delafortrie, Global Director euHReka®: "For many years ARINSO has been bringing great additional value to our SAPHR clients with our products and e-HR Quickstart ESS/MSS solutions. Adding the experience of OpenHR truly provides a unique set of solutions, both for our euHReka platform and dedicated client solutions. We are now able to offer a single user portal experience for clients running their own HR system while outsourcing their payroll system to ARINSO euHReka.