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Cryptzone further rationalizes its IT security portfolio

September 16, 2013

Cryptzone, the European IT security and threat mitigation specialist, today completed the sale of its port and device control solution to Israeli based company Atrog. The deal will ensure that existing eDevice customers are assured of high quality support and on-going development of the solution that they have come to rely on.

"Cryptzone is pursuing a corporate strategy which focuses on our two principal technologies for content security and secure access" says Einar Lindquist, CEO at Cryptzone. "In order to focus on developing tighter integration between our solutions in this area it has been necessary to rationalize our portfolio."

"A proven enterprise solution, Secured eDevice prevents the use of unauthorized devices very effectively," says Eli Hizkiyev, Managing Partner at Atrog. "I am confident that our proposed development roadmap guarantees its continued success in this market segment.

The divestment will have no material impact on Cryptzone's financial results.

For more information:

Einar Lindquist, CEO, Cryptzone Group AB
einar.lindquist@cryptzone.com
Tel: +46 704-299 839

Eli Hizkiyev, Managing partner at ATROG Ltd.
eli@atrog.com
Tel: +972 546 263343

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.

Cryptzone's share is listed on First North, Sweden, the Nordic alternative market operated by NASDAQ OMX. Certified Adviser is Thenberg & Kinde Fondkommission AB.