Statement by the Board of Directors of Technology Nexus AB in relation to the mandatory public offer from Ponderus Technology AB regarding the remaining shares in Technology Nexus AB

Statement by the Board of Directors of Technology Nexus AB in relation to the
mandatory public offer from Ponderus Technology AB regarding the remaining
shares in Technology Nexus AB

Background

This statement is issued by the Board of Directors of Technology Nexus AB (publ)
(“Nexus” or “the Company”) pursuant to the Swedish takeover Rules issued by
Nasdaq OMX Stockholm.

As of April 24 2009, Ponderus Technology AB (“Ponderus Technology”) owned
2.507.354 shares in Nexus corresponding to 52,4 percent of the share capital and
votes in the Company. In addition Ponderus Technology controls through option
agreements and irrevocable commitments 228.517 shares in Nexus corresponding to
4,8 percent of the share capital and votes in the Company. Ponderus Technology´s
total holding and controlled shares amounts to 57,2 percent of the outstanding
shares and votes in Nexus.

On April 3 2009, Ponderus Technology published a mandatory Offer to acquire all
shares in Nexus in accordance with chapter 3 of the law (2006:451) of Swedish
takeover Rules regarding all shares in Nexus, which shares are listed on Nasdaq
OMX Stockholm.

According to the press release by Ponderus Technology dated April 3 2009, the
shareholders of Nexus are offered the opportunity to tender their shares to
Ponderus Technology for a consideration in cash of SEK 11 per share.

The Board of Directors has retained Evli Bank Plc as financial advisor in
connection with the offer.


Recommendation from the Board of Directors

The Board of Directors has reviewed the Offer and its terms based on the
information in the
Ponderus Technologys offer document. In its review of the Offer and
considerations relating to its recommendation, the Board of Directors has
considered Nexus current performance and future
prospects, as well as other factors deemed to be of relevance in relation to its
assessment of
the Offer:

- During the fiscal year 2008 Nexus have been focused on the core product
business of the Company and have during the second quarter of 2008 sold the
consulting services operations. Nexus business areas, e-Security Solutions and
Messaging Solutions, has since the third quarter of 2008 showed  positive
operating earnings on EBITDA level and a positive operating cash flow.
- The development of Nexus ID-solutions on the main markets Nordic, Germany and
Asia continues and deems to have further good potential in relation to the
increasing use of E-identity. The investments in product development will
increase further in 2009 to be able to launch new products and services within
all business areas. These investments deems to increase sales during 2010 and
going forward.
- The Board of Directors view is that Nexus is well positioned to increase the
product portfolio and sales.

The Offer from Ponderus Technology have been issued in accordance with the
Swedish takeover Rules. It can be assumed that the offer from Ponderus
Technology is not their full view of the fair value of the Company.

Based on this it is the Board of Directors opinion that the offer does not
reflect the full value of Nexus.

The Board of Directors of Nexus therefore recommends the shareholders not to
accept the Offer.

Evli Bank Plc has issued a fairness opinion to the Board of Directors. It is
Evli Banks opinion, as of the date hereof, that the Offer is not fair from a
financial point of view for the shareholders of Nexus. The opinion is attached.

According to the information in the Offer it is Ponderus Technology´s intention
to delist Nexus from the Nasdaq OMX Stockholm. 

The board wants to highlight to the shareholders that the ownership of the
Company will be even more concentrated if the Offer is completed. It will most
likely limit the liquidity of the Nexus share, which can have a negative effect
on the value of the share in the future.

Based on the information in the Offer from Ponderus Technology the Board of
Directors believes that a completion of the Offer will not have any
substantially effect on the employment levels or the locations in which Nexus
operates. Further in the Offer from Ponderus Technology they support the
strategic restructuration that is presently ongoing by Nexus management. 


Stockholm April 28 2009

Technology Nexus AB (publ)
The Board


For further information please contact:

Peter Markborn, Chairman of the Board, Technology Nexus AB
Phone: +46 70 453 46 19, e-mail: peter@markborn.com

About Nexus

Nexus is a global provider of within the information security area. Our business
concept is to make the right information available to the right people, at the
right time, wherever they need it in the world. Our customers are larger
companies and organisations where IT and the Internet are essential in the
handling of vital information and knowledge. For more information please visit
our web site www.nexussafe.com.