JS Security's acquisition Stonebeach AB forecasts the full year 2021

Stonebeach AB ("StoneBeach" or "the Company"), which was recently acquired by JS Security Technologies Group AB's ("JS Security"), announces today that the Company is beating its financial forecast for the full year 2021.

During the full year 2021 (1 January 2021 - 31 December 2021), the Company's net sales amounted to approximately SEK 6.8 million with an EBITDA result of approximately SEK 1.6 million. As a result, StoneBeach increases its net sales by approximately SEK 800 thousand compared with the previously submitted forecast. The EBITDA result for the full year 2021 remains unchanged.

For further information, please contact:

Christopher Ramstedt, Chief Operating Officer & Head of Investor Relations
ir@jssecurity.tech

About JS Security

JS Security is a Swedish blockchain-based cyber security group. The company's expertise lies in the development of advanced technological infrastructure and platforms based on blockchain technology. JS Security offers secure decentralized data storage and complementary applications primarily for B2B. The current customers are located in Scandinavia. JS Security has offices in Helsingborg and headquarters in Stockholm.

The company's shares are listed on the Spotlight Stock Market.