Kent Sander (born 1953) was elected as chairman of the Board of Directors in 2009.

Other current positions: Other positions: Mr Sander is the Chairman of the Board of Mformation Technologies, Inc. and OnePhone Holding AB, a board member of KPN OnePhone Holding BV, Expander Wireless Nordic AB, KR Sander Associates AB, BrainHeart Partners AB and Deifiera Solna AB.

Education: Mr. Sander holds a Bachelor of Business Administration degree from Stockholm University.

Number of shares held: -*

Number of warrants held: 1,650,000*

Independent in relation to the company and its executive management: Yes

Independent in relation to major shareholders: Yes

Independent in relation to major shareholders: Yes

Eva Lindqvist (born 1958) was elected to the Board of Directors in 2007.

Other current positions:

Education: Ms. Lindqvist holds a Master of Science degree in Engineering from Linköping University in Sweden and a Master of Business Administration from the University of Melbourne in Australia.

Number of shares held: -*

Number of warrants held: 750,000*

Independent in relation to the company and its executive management: Yes

Independent in relation to major shareholders: Yes

Torbjörn Nilsson (born 1953) was elected to the Board of Directors in 2010.

Other current positions: Mr. Nilsson is a board member of Tactel Holding AB, Flexenclosure AB (publ), Clavister AB, TJN MediaCom AB.

Education: Mr. Nilsson holds a Master of Science degree in Engineering from Lund University and a Master of Business Administration degree from Stockholm University, both in Sweden.

Number of shares held: -*

Number of warrants held: 750,000*

Independent in relation to the company and its executive management: Yes

Independent in relation to major shareholders: Yes

Tom Nyman (born 1960) was elected to the Board of Directors in 2005.

Other current positions:Tom is currently chairman of the board at Birdstep AS, Adra Match AS and Netigate AB. He also serves on the boards of op5 AB and Pod Investment AB and is Chairman of the Nomination Committee at Transmode.

Education: Mr. Nyman holds a Master of Business Administration degree from Stockholm University.

Number of shares held: -*

Number of warrants held: -*

Independent in relation to the company and its executive management: Yes

Independent in relation to major shareholders: No

Gerd Tenzer (born 1943) was elected to the Board of Directors in 2008.

Other current positions: Mr. Tenzer is chairman of the board of the German companies Sutter Verzeichnisverlag GmbH & Co. KG and CryptSec GmbH. Mr. Tenzer is also a board member of the Luxembourgian company SES S.A. and of VascoDe Technologies Ltd., a company located in Tel Aviv.

 Education: Mr. Tenzer holds a Diplom Ingenieur from University of Aachen in Germany.

Number of shares held: -*

Number of warrants held: 550,000*

Independent in relation to the company and its executive management: Yes

Independent in relation to major shareholders: Yes

Axel Roos (born 1971) was elected to the Board of Directors in 2011.

Other current positions: Mr. Roos is a board member and CEO of POD Venture Partners AB. Mr. Roos is the chairman of Trälleborgsintressenter AB. Mr. Roos is a board member of Dyrken Aktiebolag, Aktiebolaget Skåneintressenter, Aktiebolaget Sydsvenska Intressenter and Gravhögen AB. Mr. Roos serves as deputy board member of Mediplast AB, OP5 AB and Fredrik Roos Stiftelse.

Education: Mr. Roos holds a Master of Laws degree from Lund University. Mr. Roos holds the titles Authorized Finance Analyst and Certified European Financial Analyst, after completing the Diploma Program for Financial Analysts at Stockholm School of Economics.

Number of shares held: - *

Number of warrants held: -*

Independent in relation to the company and its executive management: Yes

Independent in relation to major shareholders: No