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Gothenburg, 10th of June 2009 - Cryptzone AB (publ) signed an agreement with a larger investment group. A Swedish investment consortium has signed an agreement to provide
approximately $1.5 million US dollars in new capital to Cryptzone.
This amount combined with what has already been signed from existing shareholders in the ongoing issuing of new shares exceeds $2.0 million US dollars, surpassing our minimum goal for new share capital. The Annual shareholders meeting gave the board a mandate to do a pointed share issuing which is now underway. The company’s need of capital for the coming year is then secured according to the company’s plan. Cryptzone’s issuing of new shares will continue as previously announced and will end on Friday June 12th at 5 pm. For more information about the share issue, please contact either Peter Davin or Björn Muchow. About Cryptzone:Cryptzone is a recognized leader in data leak prevention solutions that secure data at rest and in transit. Its mission is to provide security technology that people actually can and will use, thereby increasing the overall data protection and minimizing data leaks. Cryptzone helps users secure email, files, folders, disks, USB sticks and mobile terminals without forcing users to change the way they work, while giving IT departments’ complete control of user rights. The company has offices in Gothenburg, Sweden, New York, US, and Munich, Germany. For more information about Cryptzone and the company’s portfolio of encryption solutions, please visit cryptzone.comCryptzone is listed and trading on First North. First North is an alternative market, operated by the different exchanges within NASDAQ OMX. Certified Adviser on First North: Thenberg & Kinde Fondkommission AB, Phone: +46 (0) 31-745 50 00 For more information:Peter Davin, CEO CryptzoneEmail: Phone: +46 (0)701 839 199 Björn Muchow, CFO Email: Phone: +46 (0)31 773 86 03 |
