Gothenburg, 2011 November 11 The board of Cryptzone has, conditional upon the subsequent approval of the general meeting, on 11 November 2011 decided upon an issue of a maximum of 254,515,183 class B shares with preferential rights for the company's shareholders. Ownership of shares, or warrants of series 2010:1, 2010:8, 2011:1, 2011:2, in Cryptzone on the record date 21 November 2011 entitles to participation in the issue. Ownership of five (5) shares, regardless of share class, or of warrants entitling to five (5) shares, regardless of share class, in Cryptzone on the record date will give the right to subscribe for one (1) new class B share. The subscription price is SEK 0.035 per share. The subscription period commences on 22 November 2011 and ends on 8 December 2011. For technical reasons, the guarantors of the issue may subscribe for shares under guarantee commitments until and including 15 December 2011. The board has decided to convene an extraordinary general meeting on 13 December 2011 which shall resolve upon the approval of the board's decision to issue shares. The notice to attend the general meeting will be announced on 18 November 2011. The decision to issue shares is further conditional upon the general meeting deciding to reduce the company's share capital and changing the limits for share capital and number of shares contained in the articles of association. By way of the share capital reduction, it is proposed that the share capital before the issue is reduced to SEK 10,625,759.16 divided among 1,062,575,916 shares with a share quota of SEK 0.01. The complete terms and conditions of the board's decision to issue shares will be publicly announced at a later stage. In the event the issue is fully subscribed for, Cryptzone's share capital will be increased to SEK 13,170,910.99 and the number of shares will be increased to 1,317,091,099. The issue will raise approximately MSEK 9 in case of full subscription. The purpose of the issue is to strengthen the company's operating capital and to secure further international expansion. The issue will be partly guaranteed by existing shareholders and to such shareholders associated parties. For more information: Peter Davin, CEO Cryptzone Group Email: peter.davin@cryptzone.com Tel: +46 701 - 839 199 Björn Muchow, CFO Cryptzone Group Email: bjorn.muchow@cryptzone.com Tel: +46 31 773 86 03 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#1563349]
Cryptzone Group AB (publ) decides upon preferential share issue
| Source: Cryptzone AB