The share capital increase following from the issuance of new shares has now been registered in the Register of Business Enterprises and the company has following the registration a share capital of NOK 9,508,788.56 divided on 65,058,124 shares with a par value of NOK 0.146158358. The new shares are subject to a 12 months lock-up.

For further information please contact:

Rune Martini, CEO, Simtronics ASA
Phone +47 48 07 80 80

Simtronics ASA (Oslo Stock Exchange: SIMTRO) works to prevent disasters from happening. The company is an international supplier of fire and gas safety systems, active fire fighting solutions and fire prevention systems. Simtronics' flame and gas detectors represent the most accurate, reliable and robust safety technology available. The Company's products are used by the oil and gas industry as well as in shipping, petrochemical and other process industries and in mining. Simtronics has a well established market base in Europe with Norway, France, UK and Germany as the single most important markets. Simtronics' heritage goes back to 1948.