Paris, 21 May 2013 – Further to the agreement signed on 26 April 2013 by Cassidian CyberSecurity to become the majority shareholder of Arkoon Network  Security and after fullfilment of the conditions precedent, Cassidian CyberSecurity now holds approximately 83.9% of the share capital and voting rights of Arkoon Network Security, following the effective transfer on 17 May 2013 of the shares held by the major financial shareholders of Arkoon Network Security, the founders and the management, at a maximum price of 3.25 euros.

Consequently, Cassidian CyberSecurity will, in compliance with articles 234-2 and 235-2 of the General Regulations of the French markets authority (Autorité des Marchés Financiers – AMF), submit a simplified tender offer (OPAS) for all the outstanding Arkoon Network Security shares followed, if applicable, by a mandatory squeeze-out procedure should, subsequent to the OPAS, Cassidian CyberSecurity hold more than 95% of the share capital and voting rights of Arkoon Network Security,. This procedure is subject to obtaining a statement of compliance by the AMF and subject to the findings of an independent expert who will assess the financial conditions of the OPAS and, as applicable, the mandatory squeeze-out procedure.

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