Cloudmore and Cryptzone initiate cooperation


Gothenburg, June 1st 2010 - Cloudmore and Cryptzone announce today that they
have signed a distribution agreement with regards to Cryptzone's SaaS (Security
as a Service) range.

Cryptzone, one of the leading providers of information security solutions
worldwide, has signed a distribution agreement with Cloudmore, a distributor of
cloud services. Cryptzone's encryption services for files, emails, USB flash
drives, and Microsoft SharePoint® expands the range of security products
available as services to Cloudmore's many resellers. Cloudmore's resellers
receive, on a daily basis, many requests from companies and organizations that
want to move their IT-infrastructure into the cloud.

In line with others in the market, Cryptzone experiences an increased demand for
SaaS and Cloud services. "We see a rapidly growing demand for getting started
quickly without in-house knowledge and/or infrastructure as well as a strong
demand for a pricing model based on monthly subscriptions for small- and
medium-sized end customers. It is my firm belief that more than 25 % of our
turnover will come from the SaaS market in the future. We have chosen Cloudmore
as our key partner to offer our products via SaaS," says Peter Davis, CEO
Cryptzone Group.

"More and more companies see the benefits of buying software as a service over
the Internet. Today cloud services are the strategic focus of the entire IT and
telecoms industries with annual growth rates of over 50 %", says Michael
Wicander, CEO Cloudmore.

"Cloudmore is continuously working to offer resellers a rich portfolio of
services with the stated aim to cover the entire need of cloud services and
establish us as the main supplier. Today we offer services within areas such as
collaboration, communication, backup, sales support etc. from vendors such as
Microsoft, Iron Mountain, F-Secure and MXSweep. The cooperation with Cryptzone
incorporates commonly requested encryption services which further strengthens
and broadens our portfolio".

The distribution agreement between Cloudmore and Cryptzone will initially
include encryption services to be launched this fall, but both parties expect an
extension of the agreement already by the end of this year. "During the latter
part of 2010 we will be able to provide other products via SaaS and hopefully
via Cloudmore who we expect not only to be market leader in Europe but also has
a great potential in other markets such as the USA. Cryptzone will support
Cloudmore with all means possible to ensure our joint success", Peter Davin
continues.

For more information:
Peter Davin, CEO Cryptzone
Email: peter.davin@cryptzone.com
Tel: +46 (0)701 839 199

Michael Wicander, CEO Cloudmore
Email: michael.wicander@cloudmore.com
Tel: +46 (0)8 420 140 11

About Cloudmore:
Cloudmore, headquartered in Stockholm, Sweden, is a cloud service distributor
with current presence in Sweden, Finland, Norway, Denmark, UK and Ireland.
Cloudmore offers service providers and software vendors (ISV) the opportunity to
sell and market their services through a wide reseller base.

ISVs are offered not only a more cost efficient way to manage the partner
eco-system and associated sales and marketing activities, but are also
introduced in a meaningful context of complementing services. Resellers are,
through Cloudmore, able to sell and market a relevant set of cloud services with
full customer ownership, including support and billing relationship.
www.cloudmore.com.

About The Cryptzone Group:
The Cryptzone Group (OMX First North: CZON B) is a technology innovator
providing Data Loss Prevention solutions in three areas: role-based access
control, port control, encryption of sensitive information, and Java-based
secure point-to-point communications. The Cryptzone Group's goal is to offer
solutions that are user-friendly and that give IT administrators complete
control over security policy, in order to increase customers' overall
information security and minimise the risk of information leakage. The company
has offices in Sweden, UK, USA and Poland. More information about the company
and its solutions can be found on www.cryptzone.com, www.appgate.com,
www.mindterm.com & www.controlguard.com.

Cryptzone's shares are listed on First North (czon)  in Sweden, the Nordic
alternative market operated by NASDAQ OMX. Certified Adviser is Thenberg & Kinde
Fondkommission AB, +46 31 745 50 00.



[HUG#1420485]


Attachments

Press release.pdf
GlobeNewswire