Cryptzone: Cryptzone to initiate international investment round to fund US expansion and strategic product development

Gothenburg, 15 February 2013

Cryptzone, the European IT security and threat mitigation specialist, has over the last six months refocused its IT security solution portfolio and transformed the organizational structure to strengthen the business. The North American market continues to show strong growth and is helping to reinforce Cryptzone's position as global player in the IT security market.

The Cryptzone Board and management team believe that the fundamental changes necessary for the company's new ventures have been initiated and essentially implemented. The company has begun work on fundraising and a contract with Stockholm Corporate Finance and American investment bank, Rainmaker Capital, has been signed in order to raise capital in the range of 20-40 million SEK on the international market.

This capital will be used primarily to build a strong and self-sufficient sales organization in North America, and to accelerate product development in the areas that are strategically important for 2013 and 2014 - principally Microsoft^TM SharePoint^TM.

The Board has a mandate from the AGM to reach a decision on the issue of up to 700,000,000 B shares for the purpose of raising capital.

For more information
Einar Lindquist, CEO, Cryptzone Group AB
[e-mail]
Tel: [phone]

About the Cryptzone Group
The Cryptzone Group is a technology innovator of proactive controls to mitigate IT security risk. Our solutions enable organizations to securely connect, collaborate and comply within the digital workplace, thereby improving document security, access control and compliance auditing capabilities.

Headquartered in Sweden, the company has a presence in the USA, UK, Belgium, Germany 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 (http://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.

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Source: Cryptzone via Thomson Reuters ONE

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