Securitas Systems AB (publ.) is expanding in Europe and acquires 75 percent of the Italian company CIS SpA (CIS). CIS is a leading security systems integrator for the Italian banking sector. The annual sale of CIS in 2006 is estimated to approx. 126 MSEK (14 MEUR) and the acquisition is expected to contribute positively to the sales and result of the Group in 2007.

CIS has more than 20 years of experience from the security industry and is one of Italy’s leading suppliers of integrated security and surveillance services to the banking sector. The annual sale for 2006 is estimated to approx. 126 MSEK (14 MEUR) and the company has 70 employees. The purchasing price is estimated to 6-9x EBITDA and the price will be decided after closing of 2006.

”With the acquisition of CIS we strengthen our presence in mainland Europe and add Italy to the Systems map. The Italian market is dynamic and grows faster than the rest of Europe, although from a somewhat lower level. The acquisition of CIS is a natural step in Systems strategy to become market leader within specific segments with high growth and high security demands” says Juan Vallejo, CEO of Securitas Systems.

“CIS has during the last couple of years grown fast, in close cooperation with some of the Italian banks. As part of further strengthening the company and widen the service offering to our customers it is a natural step to become part of Systems, who already have a strong presence in bank security in Europe, having extensive outsourcing agreements with banks in many countries” says Silvio Dorato, main owner and CEO/Chairman of CIS Spa.

For further information:
Juan Vallejo, CEO +46 8 657 76 00
Peter Ragnarsson, CFO +46 8 657 76 00
Åsa Larsson, Head of Communication and IR +46 70 660 7433

This press release is also available at the webpage of Securitas Systems:
www.securitassystems.com

Securitas Systems AB (publ) is a world leading security systems integrator who offers complete security solutions for customers with diverse or complex security needs within market segments such as banking, healthcare, retail, and the enterprise community, to name a few. Security Solutions include access control, video surveillance, intrusion protection, monitoring and service and maintainance.  The company focuses on security solutions and only security solutions, operating in 17 European Countires including Hong Kong and Australia, with 50 locations in the USA. Securitas Systems is listed on the Nordic list (mid cap) within ticker SYSI. For further information on Securitas Systems please visit the following website www.securitassystems.com.