Secunia Names Thomas Zeihlund As CEO

PRESS RELEASE

Strong sales and customer growth, solid earnings and ambitions to continue recent years' international expansion is the reason behind some changes that Secunia, one of the fastest growing suppliers of vulnerability management solutions, is making to the company's senior management. The senior management reshuffle is part of Secunia's ongoing development with increased focus on strategic development opportunities and continued professionalisation of Secunia as well as implementation of Secunia’s business plans.

After nine years at the helm, CEO Niels Henrik Rasmussen wishes to continue in a new role as Corporate Executive President of a new Corporate Strategy team dedicated to Secunia's long-term strategic development and to work to establish and expand relations with new and existing business partners on a global scale. In his new role, Niels Henrik Rasmussen will continue to report to the Board of Directors, which he will also join as Deputy Chairman.

As part of the the reshuffle, Thomas Zeihlund, who has filled the position of interim CEO since May 2011 while Niels Henrik Rasmussen is undergoing rehabilitation therapy to recover from a hip injury, will be appointed new CEO with chief responsibility for Secunia’s daily business and business development, reporting directly to the Board of Directors. Thomas Zeihlund (41) has extensive experience in the IT industry. He previously served as CFO of Telenor Danmark, CFO of Ascio Technologies and Business Manager/PA of Navision, etc. Thomas Zeihlund has an MBA from the Copenhagen Business School and has completed an executive training programme at INSEAD.

“The management and organisational changes ensure that Secunia willcontinue to benefit from Niels Henrik Rasmussen's extensive industry knowledge and experience in strategic and business development in a constantly changing industry. It will also allow us to retain the focus of our day-to-day operational management, thereby ensuring a high degree of execution predictability consistent with our strategy. The changes will allow Secunia to continue to expand its position as a leading international provider of security and vulnerability solutions,” said Jesper Johansen, Chairman of the Board of Directors of Secunia.

Since its inception in 2002, Secunia has generated profitable growth, in recent years alone quadrupling its revenue to stand at almost DKK 100 million in 2010. Today, Secunia generates more than 90% of its revenue outside Denmark, thereby significantly expanding the company's global market share.