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Date: 2012.09.27

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PRESS RELEASE

Versatile Security Increases Pricing Transparency

Versatile Security presents a public price calculator showing the recommended retail price for the market leading smart card management system vSEC:CMS. This is a starting point for comparing prices for smart card administration!

Stockholm, Sweden, September 27th, 2012 – Versatile Security Sweden AB announces the decision to make the MSRP pricing of its flagship products, vSEC:CMS T-Series and vSEC:CMS K-Series, completely transparent and readily available through the company website http://versatilesecurity.com.

“Some key attributes of the product are the extremely quick and easy integration, the lack of need to invest in expensive and dedicated hardware and the competitive license price. Since the pricing of the product is an important differentiating factor, compared to other solutions, the company has decided to make this information easily obtainable by anyone interested in the product. Historically, the significant cost of implementing the high level of security that smart card based logon offers has been a blocking point for several organizations around the globe. Versatile Security now shows that pricing is no longer an issue”, said Joakim Thorén, CEO, Versatile Security.

About Versatile Security

Versatile Security is a leading IT solutions provider in the identity and access management space with focus on easy deployment of smart cards with innovative smart card management systems. The company’s customers are typically organizations that demand high security and ease of use. State of the art solutions enable the customers to securely authenticate, issue and manage user credentials, such as smart cards, more cost efficiently than other solutions on the market.

Versatile Security’s mission is to provide solutions that are affordable and easy to integrate, thus allowing organizations of all sizes to implement high levels of security. First class support, maintenance, and training is also offered. Customers include: HSBC, Tieto, Centric, Raiffeisenbank, TradeRiver, European Commission, Svensk Exportkredit and IKEA.

The products and services can be bought and delivered worldwide by use of an extensive reseller network and through the Versatile Security web site: http://versatilesecurity.com

Contacts

Versatile Security Sweden AB http://versatilesecurity.com Joakim Thorén

joakim.thoren@versatilesecurity.com

www.versatilesecurity.com