Crossword Cybersecurity plc: License agreement

FOR:  CROSSWORD CYBERSECURITY PLC

GXG SYMBOL:  CCP

April 24, 2015

Crossword Cybersecurity plc: License agreement

LONDON, UNITED KINGDOM--(Marketwired - April 24, 2015) -

Crossword Signs License Agreement With City University London to Commercialise Cyber Risk Assessment Research

Crossword Cybersecurity Plc ("Crossword" or "the "Company") the GXG Main Quote listed company with ISIN
B00BPFJXS57 announces today a license agreement to develop and market a cyber-risk assessment product, based on
research led by Professor David Stupples of City University London. Professor Stupples is a Non-executive
Director of Crossword Cybersecurity plc.

A key challenge facing Chief Information Security Officers (CISOs) is how to evaluate a company's overall risk
of being a victim of cyber-attack and where to focus their investment in cyber defenses. City University's
research, based on approaches to making risk-based safety decisions in the nuclear industry, is one of the
first structured approaches to quantifying the probability of cyber attack.

Professor Stupples, Director of the Centre for Cyber Security Sciences, City University said: "There has been
interest in our cyber risk research for some time from the finance, insurance and transport communities. I am
delighted about this deal as we needed a partner like Crossword, with the resources and expertise to develop a
product based on our research, so companies can put it into action."

Tom Ilube, Crossword's CEO, said "Combining City University's research with our cyber security software
development capability, we are building a world-class cyber risk assessment tool. This tool, which will be
delivered as a service (SaaS) available worldwide, will allow organisations to develop a picture of what real
cyber threats they face and advise them on how to prioritise investment."

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FOR FURTHER INFORMATION PLEASE CONTACT:

Tom Ilube, CEO, Crossword Cybersecurity Plc
www.crosswordcybersecurity.com
Tel: [phone]
Email: [e-mail]
Twitter: @crosswordcyber

OR

John Stevenson, Senior Communications Officer
City University
www.city.ac.uk
Tel: [phone]
[e-mail]

OR

GXG Corporate Advisor
Nick Michaels and Jon Isaacs
Alfred Henry Corporate Finance Limited
www.alfredhenry.com
Tel: [phone]

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Crossword Cybersecurity plc