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Omegapoint acquires Qurit AB

Omegapoint Group AB – a leading information security and secure-application development consultant company has acquired Qurit AB, a specialized IT-consultant company within the e-Health, Pharmaceutical and Life Science sector. Omegapoint will, based on the acquisition, accelerate the development of the business area: e-Health and Pharmaceutical, to address a rapidly growing need for expert competence related to secure application development and IT- security in the rapidly growing digitized Healthcare value chain.

"Through the acquisition of Qurit AB, Omegapoint position itself as a leading provider and, at the same time, builds considerable competence, capacity and resources in a sector where demand for digitization and IT-security is growing rapidly." says Johan Malmliden, President and CEO of Omegapoint Group AB. "The digitization of healthcare, general health related services and lifestyle-related issues represents some of the biggest challenges for society in the foreseeable future."

"The fact that Qurit becomes part of Omegapoint means we will jointly strengthen our offering considerably. The digitalization of the Healthcare sector increases demands on all parties involved. Qurit currently has the privilege of engaging in multiple strategically important customer projects within the pharmaceutical and E-Health sector. Presently we have excellent knowledge of how to realize business needs through cost-effective IT solutions but lack the deep knowledge that Omegapoint has in the field of security. Qurit also has limited capacity with an office too far from our key customers in Stockholm. Omegapoint is the perfect partner for Qurit as it creates a platform for jointly providing all stakeholders in the Healthcare eco-system with leading services and expertise." says Patrik Lannerström, CEO and co-founder of Qurit AB.

Qurit AB will continue to be operated as a subsidiary of Omegapoint Group AB. Qurit's CEO Patrik Lannerström will join the Group Management of Omegapoint Group AB.

For further information, please contact:

Johan Malmliden, President and CEO Omegapoint Group AB
E-mail: johan.malmliden@omegapoint.se
Mobile: +46 709 158 833

Thomas Ahlerup
Vice President Communications Omegapoint Group AB
E-mail: thomas.ahlerup@omegapoint.se
Mobile: +46 768 966 300

Please visit us at www.omegapoint.se

About Omegapoint Group AB
Omegapoint Group AB is expert consultants in information security and secure application development as well as a leading provider of Cyber Security solutions. Omegapoint was founded in 2001 and 60 percent of the company is owned by of the staff and 40 percent is owned by Priveq.

Omegapoint is a leading supplier to Nordic companies and organizations in industries such as healthcare, pharmaceuticals, banking and finance, insurance, media, telecom and automotive. Omegapoint also works with strategic assignments in governmental organizations and defense.

We help our customers digitize their business operations and to rapidly develop secure and efficient systems, processes and business. Omegapoint create the most and best value in projects where technology develops business and where system development and security meets.

Omegapoint had sales of MSEK 351.4 during 2017 and operating profit before goodwill amortization (EBITA) was MSEK 31.9. Omegapoint has offices in Stockholm, Gothenburg, Malmö and Umeå and employs approximately 300 people.

Visit us at: www.omegapoint.se LinkedIn: Omegapoint Group AB

About Qurit AB
Qurit AB was founded in Uppsala in 2011 by six people who previously worked together in different roles. The common denominator was that all the founders worked for a long-time with IT solutions in the pharmaceutical sector.

A common scenario that many of the industry's customers encountered was where they were stuck with a standard system that could not be further developed over time. The company that supplied the system often lost interest in the customer as soon as the system became operational.

This was the starting point when launching an IT consulting company who would be a leader in IT-related issues within the pharmaceutical and e-health market. In addition, the objective was to provide an efficient organization where the customer and the project are in focus, and where methods and tools are continually re-evaluated

Please visit Qurit AB: https://www.qurit.se/ LinkedIn:https://www.linkedin.com/company/qurit/

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About Priveq Investment
For 35 years, Priveq Investment has invested in profitable growth companies. The business concept is to generate value through long-term investments and active ownership in unlisted growth companies. Since 1983, approximately SEK 3,5 billion has been invested and Priveq Investment and its employees have carried out 124 investments and been involved in taking 25 companies to an IPO. The current portfolio consists of 17 companies which has a total revenue of approximately SEK 5.5 billion and 2,300 employees. Some of the current portfolio companies are 21 Grams, Danfo, Ports Group, QleanAir Scandinavia and Visual Art. Behind Priveq Investment is essentially a number of long-term, institutional pension funds in the Nordics and Europe, for example Skandia Liv, Fjärde AP-fonden, Kommunal Landspensjonskasse (KLP) and Europeiska Investeringsfonden (EIF).

More information is available at www.priveq.se.

Priveq Investment
Kungsgatan 24
111 35 Stockholm