Rights Issue in Nexus

- The Board of Directors proposes an issue of new shares with preferential rights for existing shareholders to raise approximately MSEK 65.5, before issue expenses - The rights issue is guaranteed to 100 percent by major shareholders of the company - Extraordinary General Meeting will take place on 30 January 2006

The Rights Issue The Board of Directors of Technology Nexus AB has decided to present a proposal at an Extraordinary General Meeting to increase the share capital of the company with not more than SEK 1,843,995.20 through an issue of not more than 36,879,904 shares at a subscription price of SEK 1.75 per share. The issue amounts to approximately MSEK 64.5 before issue expenses, which are estimated to MSEK 3.5. The shareholders of the company shall have preferential rights to subscribe for the new shares in proportion to existing holdings of shares, whereby three existing shares entitles the holder to subscribe for two new shares. The Board of Directors shall determine the allocation of shares not being subscribed for by exercising of subscription rights, whereby shares primary shall be allocated to underwriters of the issue and secondly between investors who have exercised subscription rights in the rights issue. The subscription of new shares by exercising subscription rights will be effective through cash payment of the subscription amount and shall take place during the period 13-28 April 2006. The Board of Directors shall be entitled to prolong the subscription period. Today, the Board of Directors has also announced the company’s acquisition of the entire share capital of ArmourSoft Limited. Consideration for the acquired shares comprises of 2,089,020 new shares in Technology Nexus AB. The proposal regarding this issue in kind will be dealt with at the Extraordinary General Meeting to be held on 30 January 2006. Provided that the general meeting approve this issue in kind, the above proposal for a rights issue made by the Board of Directors shall be adjusted to a proposal to increase the share capital of the company with not more than SEK 1,913,629.20 through an issue of not more than 38,272,584 shares. The rights issue then amounts to approximately MSEK 67.0. Certain major shareholders of the company has undertaken to subscribe for new shares through the exercise of their subscription rights and also undertaken to subscribe for additional shares, which means that 100 percent of the rights issue is guaranteed. Summary of the Terms and Conditions for the Rights Issue Each three (3) existing shares entitles the holder to subscribe for two (2) new shares. The subscription price is SEK 1.75 per share. Background and Motives The Board of Directors believes that the market for IT Security will continue to grow. During 2005, the company has consolidated its business through disposals of and closing down businesses not being in conformity with the company’s strategy to expand within the e-Security segment. The purpose of the rights issue is to strengthen Nexus’ position within the e Security segment and to create opportunities to participate in an anticipated consolidation of the business sector. Preliminary Time Table for the Rights Issue - Extraordinary General Meeting, 30 January 2006 - First trading day in the Nexus share excluding subscription rights, 6 April 2006 - Record date for the rights issue, 10 April 2006 - Trading in subscription rights, 13-25 April 2006 - Subscription Period, 13-28 April 2006 Extraordinary General Meeting The Board of Directors’ proposal for the rights issue will be presented at an Extraordinary General Meeting to be held on 30 January 2006. Further information about the General Meeting will be included in the notice to call the meeting, which will be published in Svenska Dagbladet and Post- och Inrikes Tidningar on 2 January 2006. The notice will also be available at the company’s web site, www.nexus.se.