Secunia Names Microsoft's Peter Colsted As New CEO

PRESS RELEASE

Copenhagen, Denmark – June 4, 2013 - Secunia, a leading provider of IT security solutions that enable businesses and private individuals to manage and control vulnerability threats, today announced that the board has appointed Senior Director EMEA Specialist Sales at Microsoft Peter Colsted as new CEO, effective July 1st, 2013.

Peter Colsted joins Secunia from Microsoft, where he has spent 4½ years leading the Incubation Organization in Europe, Middle East and Africa building and growing new businesses for Microsoft in the enterprise space.

Since it was founded in 2002, Secunia has grown to become a world-leading provider of vulnerability intelligence and patch management solutions. The company is a highly respected provider of IT security for enterprises and government agencies worldwide, and was recently chosen as provider of vulnerability intelligence for the US Financial Services Information Sharing and Analysis Center (FS-ISAC), the industry forum for sharing critical information concerning security threats facing the financial services industry.

Choosing to bring Peter Colsted on board as new CEO, signals Secunia's intention to accelerate growth and international expansion:

"We are very excited to bring on a leader of Peter Colsted's caliber. With his years of executive management and leadership experience in the international IT industry, I am confident that Peter is the right person to lead and define Secunia moving forward," said Jesper Johansen, Chairman of the Board.

Peter Colsted will work to further strengthen Secunia's international position.

"Secunia is a fantastic company with a great technology, and is renowned in the industry for the uncompromising quality of its research. The offerings of the company perfectly match the needs of the fast-growing, global vulnerability management market, and I look forward to lead and be part of the future success of Secunia," said Peter Colsted.

For nine consecutive years, from 2002 to 2011, Secunia achieved hyper growth year-on-year. The company employs 130 people, and started 2013 by opening a US subsidiary in Minneapolis. Approximately 95% of Secunia's revenues come from sales in EMEA and North America, with Germany and the US representing the largest markets.

About Peter Colsted:

Peter joins Secunia from Microsoft where he has recently spent 4½ years leading the Incubation Organization in Europe, Middle East & Africa building and growing new businesses for Microsoft in the enterprise space.

Peter joined Microsoft in 2000 as Director of the Enterprise & Partner Group in Denmark and has since then held various leadership positions in the Danish subsidiary and in corporate headquarters in Redmond (WA), USA where he was responsible for sales strategies and execution for new businesses and emerging markets within Microsoft Business Solutions.

Peter first spend a couple of years in the Timber Industry before he in 1993 started in the IT industry where he has held management and leadership positions in Danish and international IT companies.

Peter holds a M.Sc. (Forestry) and B.Sc. (Economics & IT).

About Secunia

Founded in 2002, Secunia is a leading provider of IT security solutions that help businesses and private individuals globally manage and control vulnerability threats, risks across their networks, and end-points. This isenabled by Secunia's award-winning Vulnerability Intelligence, Vulnerability Assessment, and Patch Management solutions that ensure optimal and cost-effective protection of critical information assets.

Secunia plays an important role in the IT security ecosystem, and is the preferred supplier for enterprises and government agencies worldwide, counting Fortune 500 and Global 2000 businesses among its customer base. Secunia is headquartered in Copenhagen, Denmark.