AVTECH implements a directed issue of B-shares amounting to 11,25 mSEK

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| Source: Avtech Sweden AB
The Board of AVTECH Sweden AB (publ) (”AVTECH” or the ”Company”) has today
decided to implement a directed issue of 5 625 000 B-shares to a small group of
investors. The subscription price of 2,00 SEK / share is equivalent to the
volume-weighted average stock price of AVTECH’s B-share during 30 trade-days at
NASDAQ OMX First North, ending January 17 2014 rounded upwards to the closest
even tenth of a Swedish krona without any special discount. The issue provides
the Company with 11,25 mSEK prior to costs of implementing the issue, which are
estimated to be approximately 50 kSEK.
"We are very happy about the trust that we have received from the small group of
financially strong external investors that are participating in the directed
share issue. The issue ensures not only funds for increased long-term sales
efforts, but it also provides AVTECH with flexibility and improved conditions to
be able to achieve our full potential as soon as possible. We look forward to an
exciting journey together with our old and new owners”, says Christer Staaf, CEO
and member of Board of AVTECH.

The issue is implemented with the support of the authorization that the Board
received at the Extra General Assembly on August 16 2013, and involves a
dilution of shares of approximately 11,1 percent. The issue increases the number
of B-shares in AVTECH with 5 625 000 from 35 830 609 B-shares to 41 455 609 B
-shares. The total number of A-, B-, and preference shares are consequently
increased from 44 862 720 shares to 50 487 720 shares and share capital is
increased by approximately 560 738 SEK from approximately 4 472 219 SEK to
approximately 5 032 957 SEK.

The purpose of the issue is primarily to strengthen company Sales as well as IT
-resources to facilitate fast implementation of expected volume-customers.

Mangold Fondkommission AB has acted financial advisor, and Baker & McKenzie
Advokatbyrå KB has acted legal advisor to AVTECH in connection to the directed
share issue.

About AVTECH Sweden AB (publ)

AVTECH develops products and services for digital Air Traffic Management (ATM).
Its customers include the global aviation industry; e.g. airlines, airports,
aviation authorities, technology companies and airline manufacturers. By using
AVTECH’s products and services, each individual flight as well as the entire
airline operation can be optimized in terms of cost, noise and emission,
efficiency, punctuality and safety. The head office is in Stockholm, Sweden with
a subsidiary in Toulouse, France and an associated company in Dubai, U.A.E.
AVTECH Sweden AB is listed on NASDAQ OMX First North and has appointed Mangold
Fondkommission AB, phone +46 8 503 01 550, as Certified Adviser.

For more information, please contact

Christer Staaf, CEO, +46 (0) 8 544 104 80

Jonas Saric, CFO, +46 (0) 8 544 104 80