Statement re Cryptosoft and ITU

14 October 2015

Tern Plc

(AIM: TERN)

Cryptosoft Associate of ITU

Tern Plc ("Tern" or "the Company"), the AIM quoted investment company specialising in the cloud and mobile sector of the IT market, is pleased to announce that its data security company Cryptosoft  Ltd ("Cryptosoft"), a leader in policy driven data authentication and encryption services for connected Internet of Things ("IoT") and Machine-to-Machine ("M2M") devices,  has announced it has become an Associate of the International Telecommunications Union ("ITU"), a United Nations agency to establish increased global Internet security standards focused on the Internet of Things (IoT).

"With the influx of Internet-connected devices impacting our daily lives, it is crucial that security standards are put into practice.  Users should feel at ease that their personal data is safe, no matter where in the world they live," says Al Sisto, Chairman of Cryptosoft.

Cryptosoft has joined the ITU, particularly to work with ITU-S, the organisation that sets telecom standards, and ITU-D, to help find ways to use information and communications technologies (ICT) for social, economic, and human development. Cryptosoft CTO, Jon Penney, will be representing Cryptosoft at the ITU Internet of Things Forum in Geneva on 19th October.

Enquiries

Tern Plc                                                                      Tel. US [phone]
Al Sisto          

WH Ireland                                                                            Tel. [phone]
John Wakefield

Peterhouse Corporate Finance (Joint broker)                  Tel. [phone]

Lucy Williams / Duncan Vasey

About Cryptosoft   Cryptosoft is building trust in the IoT and M2M by simplifying the processes that a user needs for a robust, scalable and easy to use encryption service. The Cryptosoft platform provides users with the capability to secure their most important asset: their data, as it moves from device to device and in storage.   Cryptosoft's distributed agent architecture dramatically simplifies and reduces the costs associated with solving data security challenges.  Cryptosoft directly addresses the challenge of securing information within an increasingly connected world to ensure integrity, privacy and compliance.  This is done without disrupting existing workflows or re-coding existing applications using a standards based platform that delivers immediate value. (www.cryptosoft.com)   ITU   The ITU is a 150-year-old organisation that helps set standards for telecommunications technologies and supports development of telecoms in underdeveloped countries. ITU, based in Geneva, Switzerland, is a member of the United Nations Development Group.   ITU's membership includes 193 Member States and around 700 public and private sector companies as well as international and regional telecommunication groups.   Tern

Tern Plc acquires and invests in privately owned companies with self-owned IP, established products and customer bases. Its investment strategy is focused on taking an active role in its investee companies in order to improve the business model, accelerate growth, expand the business globally, and identify exit opportunities.

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Source: Tern Plc via Globenewswire

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