Gothenburg, 2011 June 1 Cryptzone AB is pleased to announce that Knutsson Holdings AB has purchased 200 million shares in a private placement at a price of 8.5 Swedish öre per share, strengthening Cryptzone's working capital to 17 million SEK. Cryptzone Group, which has acquired four companies in the last 16 months, creating a truly global Swedish IT security company, is strengthening its financial ability in preparation for further expansion. The company now has a strong long-term investor who believes in the company and its future. Knutsson Holdings will take an active role in developing the company by taking a position on the Board. "I am very pleased to have a very strong new capital investor who will take a leading role in the company's development," said Peter Davin, CEO of Cryptzone Group AB. "Knutsson Holdings have proven through past investments to be both a long-term and highly proactive partner. The addition of Knutsson Holdings to our new ownership structure, along with the existing long-term shareholders, gives us an excellent platform for the company's continued expansion." "Today we are very excited about the opportunity to take an active role in Cryptzone Group. We think Cryptzone is a very exciting company with great potential to develop into a major player in the market. The company is very well positioned and is in the forefront of technology development with a number of strong patents as well as with the fact that the Cryptzone organization is highly competent and experienced. The company's local presence in Gothenburg is especially positive from our perspective," says Fredrik Appelgren CFO Knutsson Holdings AB. In total, Cryptzone receives 17 million SEK, generated by the creation of 200 million new B shares. The total number of shares after issue is 1,062,575,916, of which 17,667,676 are Class A shares. Knutsson Holdings AB will hold 18.82% of the capital and 16.37% of the votes. For more information: Peter Davin, CEO Cryptzone Group Email: peter.davin@cryptzone.com Tel: +46 701 - 839 199 About Knutsson Holdings AB: For more information, please visit www.knutsson.se. About the Cryptzone Group: The Cryptzone Group is a technology innovator of proactive controls to mitigate IT security risk. We bring together the people, processes and technology to mitigate information security risks identified in the four key areas of Policy Compliance, Content Security, Secure Access and Endpoint Security. Headquartered in Sweden, the company has offices in the UK, USA and Poland, as well as an extensive partner network with more than 150 global partners. For more information about the company and its solutions, visit www.cryptzone.com. Cryptzone's share is listed on First North, Sweden, the Nordic alternative market operated by NASDAQ OMX. Certified Adviser is Thenberg & Kinde Fondkommission AB. [HUG#1520462]
New major shareholder in Cryptzone Group AB (publ)
| Quelle: Cryptzone AB