Charismathics GmbH: successful conclusion of the first financing round

Munich/Hamburg, August 26, 2008

charismathics, the middleware company, announced today that it has successfully signed for additional capital as of June 2008. charismathics is a global leader of supplying IT security components and identity management software to integrators as well as software and hardware vendors and service providers.

The investors Neuhaus Partners GmbH, BayBG Bayerische Beteiligungsgesellschaft mbH and Bayern Kapital GmbH, as well as charismathics’ management showed up highly pleased with the conclusion of the contract referring to the tremendous community achievement. The additional funds provided in the context of the financing are to be invested for the further development of charismathics core product, “charismathics smart security interface – CSSI”, and the development of its world-wide sales activities. Serving the globe with unique products of its kind, its leading edge technologies enable identity management schemes to reduce their overall costs, to introduce open interface standards and to serve multiple tasks within a one-stop shop solution. charismathics´ expertise is a fully integrated and transparent interfacing between hardware and software tokens of all major hardware vendors, and IT networking environments.

Global market leadership

“We are very pleased that we could gain the confidence of our partners and we are now able to work on the strategic structure of the company solidly”, says charismathics´ Chief Executive Officer Sven Gossel. “Our market segment grows exponentially world-wide - we are delighted about the fact that charismathics again grows faster than the market. The positive and trend-setting development of identity management software in general and the constantly growing customer requirements to the products guarantee the global market leadership of charismathics. To strengthen this leadership and to develop our success-oriented market position will be the upcoming tasks of the next 18 months”, Gossel continues.

“Capital, knowledge and experience are the cornerstones of Neuhaus Partners. We consider our stakes as partners. Thus, companies like charismathics continue to realize their visions on their own, while our venture capital makes sure to gather momentum”, comments Thomas Golinski, Investment Manager at the lead investor, Neuhaus Partners.

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