Zwipe AS - Board/Management Information 2019

CFO Change

OSLO, NORWAY - 3 JUNE 2019 - Biometric technology company Zwipe today announced

that Lisbeth Breum has notified the company that she is resigning from her

position as chief financial officer effective 31 August 2019 to assume a CFO

role in a company unrelated to biometrics, smart cards or payments.

"On behalf of the Zwipe team, I want to thank Lisbeth for her contributions

during formative years for Zwipe. We wish her all the best in her future

endeavors," said André Løvestam, Zwipe CEO. The company is in the process of

finding a new CFO and will announce this when concluded. "We have added new

capacities to both our technology and operations teams during the last year. The

new CFO will join a team built to drive the next part of our journey towards

international commercialization of Zwipe's leading solutions", Løvestam added.

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 SecureT" 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

Media Contact for Zwipe: André Løvestam, CEO, +47 930 44 040 [email protected]

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