Cryptzone builds up its management team to drive forward transition phase

Gothenburg, 23 July 2012 Cryptzone, the European IT security and threat mitigation specialist, today announced four internal appointments and one external appointment to its senior management team. Cryptzone continues to drive forward its growth strategy. Since the beginning of the year changes have been implemented with the sole purpose of returning the business to profitability. In line with this primary objective, essential changes are on-going. The company is in a transition phase, which demands tireless determination and a strategic approach towards markets and solutions where there are strong market opportunities. In order to meet the strategic challenge during this period of change the management team is to be strengthened. With immediate effect Jeff Sherwood and Grant Taylor expand their respective regional responsibilities to become Vice President Americas and Vice President Europe respectively. Joakim Öhrström joins as the VP Nordics, central Europe, Middle East and Africa on August 1st. Therese Braun steps into the role of Global Head of Professional Services and Beverley Stonehouse as Global Head of Marketing and Communications at the end of August. Einar Lindquist, CEO at Cryptzone since late May states, "These appointments are occurring as a result of strategic re-organization within the company. My aim is to create a senior management team, which is able to improve organizational effectiveness and create new market opportunities in a highly competitive IT security market." For more information: Einar Lindquist, CEO, Cryptzone Group AB Tel: +46 704-299 839 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 Cryptzone's share is listed on First North, Sweden, the Nordic alternative market operated by NASDAQ OMX. Certified Adviser is Thenberg & Kinde Fondkommission AB. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Cryptzone via Thomson Reuters ONE [HUG#1628561]