euro adhoc: phion AG / Mergers - Acquisitions - Takeovers / phion AG acquires Swiss Visonys AG

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Company Information

16.06.2008

Ad hoc-ANNOUNCEMENT
June 18, 2008

phion AG acquires Swiss Visonys AG

phion AG, listed on the mid market of Vienna Stock Exchange (ISIN
AT0000PHION3), and headquartered in Innsbruck, Eduard-Bodem-Gasse 1,
A-6020, acquires 100 % of the shares of Visionys AG, a Swiss provider
of IT security products. A corresponding agreement was signed today,
16th June 2008, in Zurich. The purchase price, which will not be
disclosed and which includes a performance-related component, was
paid in cash. Visonys has 20 employees and is headquartered in
Zurich. phion AG plans to keep the acquired company as a separate
operational unit.

With the acquisition of Visonys, phion AG reinforces its strategic
growth plans. In view to the fact that it complements and expands
phion´s product portfolio and creates new cross-selling
opportunities, phion expects an increase in sales. The acquisition
also strengthens phion´s market position in the field of network
security.

visonysAirlock solutions protect web applications and web services
from malicious software and web-based attacks while maintaining
availability, integrity and confidentiality and reducing operational
cost. With their products, Visonys AG addresses the increasing need
of enterprises for proactive security measures.

Wieland Alge, CEO of phion AG, says: "The security and integrity of
web applications and services is vital for all enterprises that have
web-based sensitive information, use online banking services and
offer or operate e-commerce businesses. Web application security is
increasingly becoming a concern for many organizations, as reflected
in compliance requirements such as the Payment Card Industry Data
Security Standard (PCI DSS). The acquisition of Visonys AG allows
phion AG to offer its customers and partners a combined solution that
detects and defends Web application vulnerabilities much more
efficiently."

end of announcement euro adhoc
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ots Originaltext: phion AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

phion AG

Constanze Liebenau, Eduard-Bodem-Gasse 1, A-6020 Innsbruck

Tel: +43 (0)508 100

Branche: Computing & Information Technology
ISIN: AT0000PHION3
WKN:
Index: mid market
Börsen: Wiener Börse AG / Regulated free trade