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2021-06-16

Zignsec Publishes Company Presentation and Updated Financial Data

ZignSec wants to inform its shareholders and other interested parties that a company presentation has been published. The presentation is led by ZignSec's CEO Timm Schneider, Web Shield’s CEO Alex Noton and Web Shield’s CIO Christian Chmiel.

The reason for the presentation is to provide all shareholders with information regarding the acquisition of Web Shield.

To join the presentation, please use the following link or visit ZignSec's website: https://tv.streamfabriken.com/zignsec-june-2021

ZignSec also presents updated financial data in connection with the company presentation*. For the full year 2020, ZignSec's total revenue amounted to SEK 14.5 million. For the same period, Web Shield's total revenue amounted to approximately SEK 47.9 million, which means an unadjusted total revenue for the ZignSec group of approximately SEK 62.4 million on a pro forma basis for the full year 2020. For the first four months of 2021, ZignSec's total revenue amounted to approximately SEK 7.1 million and Web Shield's total revenue amounted to approximately SEK 17.7 million, which means unadjusted total pro forma revenue for the ZignSec group of approximately SEK 24.8 million for the period.

The number of employees in ZignSec amounts to 45 people and over 40 people for Web Shield. The total number of employees in the group therefore now amounts to over 85 people. ZignSec has over 100 customers and Web Shield over 300 customers. The total number of customers in the group therefore now amounts to over 400.

For more information, please contact:

Timm Schneider, VD

Tel: +46 8 121 541 39

timm.schneider@zignsec.com

ABOUT ZIGNSEC

ZignSec AB (publ) is a RegTech company that develops and operates a technical platform that brings together different types of ID verification methods in one place. The methods are used by companies to securely and quickly identify online customers in real time. The company's customers are found in several industries where identification is important, with the greatest concentration in financial services and other regulated businesses.

IMPORTANT INFORMATION

This information is information that ZignSec AB (publ) is not obliged to make public pursuant to the EU Market Abuse Regulation. However, the information is of importance to communicate to the company’s interested parties.

*: Note that the pro forma figures have not been reviewed by the company's auditor and should not be considered as an estimate of the group's performance for the next twelve months.

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Zignsec Publishes Company Presentation and Updated Financial Data

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