Nexus is selling its Consulting business

Nexus is selling its Consulting business

Security company Nexus, listed on Stockholm stock markets small cap-list (NEXU),
is selling its consulting business to IT-consulting company Cybercom Sweden East
AB, part of Cybercom Group. With this Nexus is fulfilling its strategy of
refining to a product company selling solutions for secure access to
information, applications and processes. Sales amount is 30 M SEK in fixed
compensation and 5 M SEK in result based additional purchase price during 2008.
Capital gain is calculated to between 23-28 M SEK and cash flow will increase
with 30 M SEK plus the additional purchase price (maximum 5 M SEK).

The Consulting business (43 Consultants) corresponds to 60.5 M SEK of Nexus
total turnover of 134.1 M SEK. Revenue of the product company was 70.4 M SEK for
year 2007.
For all of 2007 software license revenue increased with 53 percent compared to
the previous year.

During 2008 Nexus will continue to invest in product development and also look
for possibilities to increase the product suite by complementary acquisitions to
better meet customer demands.

- The timing is right for Nexus to take this step, says Peter Gille, CEO of
Nexus. The strategy is to develop Nexus into a pure product company to reach
higher share value.
Up till now we have let the two companies grow side by side but now we need to
increase focus on the product company. We believe that the consulting company
can develop better by merging with a significantly larger consulting company
like Cybercom Group, who has a similar business. Nexus will apart from better
focus also get the financial resources necessary for long-term development of
the product company. Priorities are to continue develop market offerings and
increase sales.

As a consequence of selling the consulting business Nexus will make a final
business agreement with the landlord about the company's premises in Marievik,
Stockholm. The rental contract will end on May 31 2008. During quarter 2, Nexus
will move to new and for the business more appropriate premises with a lower
cost.

Selling of the consulting business is dependent of an approval by Nexus extra
shareholders meeting to be held on April 9, 2008.


Contact information:

Peter Gille, CEO, Technology Nexus AB
Phone: +46 8 655 39 00
E-mail: peter.gille@nexussafe.com

About Nexus

Nexus is a global provider 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.