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Zwipe AS Board/Management Information 2019

Aug 16, 2019

3797_rns_2019-08-16_92134cbb-b91f-4d9c-b6f6-2589e52f791b.html

Board/Management Information

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Zwipe AS: New Chief Financial Officer

Zwipe AS: New Chief Financial Officer

Zwipe AS today announces that Lars Myren has been appointed CFO of Zwipe with for an interim period of minimum 6-9 months. He takes over the responsibilities of CFO from Lisbeth Breum on August 16, 2019.

Mr. Myren is an experienced CFO and strategy advisor with proven international leadership experience within the technology, manufacturing and energy sectors, to name a few. Past experience includes positions as CFO of Broadnet, the Elopak Group and Eltel Sønnico, and a series of interim top management roles. Mr. Myren has also served as Chairman of the Board for a range of privately held companies.

“We are happy to welcome Mr. Myren to the organization. He brings with him substantial experience, both as a CFO and within strategic business development, which fits well with Zwipe’s needs going forward as we prepare for the commercial scale-up of biometric payment solutions globally,” comments Zwipe CEO, André Løvestam.

For further information, please contact:

André Løvestam, CEO

Tel: +47 930 44 040

Email: [email protected]

About Zwipe

Zwipe is a technology solution provider that enables battery-less, ultra-low -power, self-contained biometric authentication solutions. Together with an ecosystem of partners including global brands within security, financial services and ID applications, Zwipe is "Making Convenience Secure" for banks, merchants and consumers. Using advanced fingerprint recognition while protecting personal information, Zwipe's solutions address the data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, Zwipe has spent the last 10 years developing its unique power harvesting technology platform in combination with security solutions based on international infrastructure standards.

To learn more, visit www.zwipe.com

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act