CHANGE IN NUMBER OF OUTSTANDING SHARES IN HiQ DURING JUNE

As of the 30 June 2011 the number of outstanding shares in HiQ International AB amount to 52 751 523 shares, following an increase of the number of shares of 448 800 shares in total. These shares were issued in connection with subscription of new shares in relation to the warrant program issued in 2009 (with subscription period in 2011) directed towards employees of the HiQ group.

For further information, please contact:

Fredrik Malm, CFO and Head of IR HiQ, tel: +46 8 588 90 000, +46 704 200 017

HiQ discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. This press release was submitted for publication at 15.00 CET on 30 June 2011

HiQ is an IT and management consultancy company focusing on high-tech solutions in the fields of communications, software development and simulation technology. The company is a leading player in these fields and the Nordic region is its domestic market. HiQ employs more than 1,200 people at offices in the Nordic region and Russia. HiQ is listed on the NASDAQ OMX Stockholm Mid Cap. For more information, please visit www.hiq.se

Tags: