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Dolphin Interconnect Solutions announced today that it has placed 5,800,000 shares in a private issue of shares subscribed for by existing shareholders, primary insiders and new investors.

Primary insider and board member Tor Alfheim was allocated 45,000 shares in the issue and subsequently controls 460,000 shares in the company.

Primary insider and CEO Tim Miller was allocated 25,000 shares in the issue and subsequently controls 41,599 shares in the company.

Primary insider and board member Alf Rasmussen was allocated 50,000 shares in the issue and subsequently controls 182,102 shares in the company.

Primary insider and chairman of the board Ole Henrik Eide was allocated 20,000 shares in the issue and subsequently controls 55,063 shares in the company.



For further info please contact:
Alex Gundersen,
CFO, (+47) 41 47 41 07
Tim Miller, CEO, +1 508 740 5949
www.dolphinics.com