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From:	 marketing@trustix.com
To:	 presslist@trustix.com
Subject: Trustix Press Release
Date:	 Thu, 30 Aug 2001 18:14:07 +0200 (CEST)

Trustix and Reitan Invest Announce Completion of Trustix Round C

Reitan Invest is lead investor in Trustix round C of financing

London, August 30, 2001 - Trustix and Reitan Invest announced today the 
completion of Trustix Series C round of financing, with Reitan Invest as the 
lead investor.

Trustix has raised a total of NOK 30 million in its Series C round of financing 
from four investors who participated in the round. Lead investor in Trustix 
round C is Reitan Invest. Another new investor in Trustix round C is Gjensidige 
NOR. Delphi and Convexa Capital both made follow up investments in this round. 
Convexa Capital was lead investor in Trustix round B and Delphi has earlier 
participated in Trustix A and B rounds. Convexa Capital remains the largest 
shareholder in Trustix after the completion of Trustix round C.

"We are extremely pleased with the strong interest Trustix has received from 
the investment community during this funding cycle," said Håvard Wollan, 
Trustix President and CEO. "As their financial commitment demonstrates, our 
investment partners have enthusiastically embraced Trustix as an emerging leader 
in the high-growth Linux systems management space."

"Trustix offers a unique solution and a compelling value proposition," said 
Kjell Magnus Reitan, Chief Executive of Reitan Invest. "We believe that Trustix 
has very good software technologies, a very strong team and a scalable business 
model with global reach. The company is well positioned to become the leader in 
the fast growing space of Linux systems management."

"The recognition from leading industry players like IBM, Bull and others 
clearly shows that Trustix has a leading edge in the Linux systems management 
space," Wollan replied. "The financing that we have now secured will enable us 
to maintain Trustix' leading edge by establishing the brand, rolling out 
integrated Linux solutions with partners and rapidly expanding our customer base 
across international markets."

In an earlier separate announcement from IBM, Trustix was announced as the 
winner of the 2001 IBM Solution Excellence Award in the category "Hot Linux 
Business Solution" for its XPloy systems management solution. Trustix XPloy is 
a systems management solution for Linux, providing a complete solution for 
scalable, secure and remote Linux systems administration and software 
provisioning. Trustix is partnering with IBM and other leading industry players 
in order to create integrated Linux solutions based on Trustix XPloy and 
partners' hardware and software solutions.

About Trustix (www.trustix.com)

Trustix is a leading provider of Internet infrastructure software and services, 
providing next generation solutions for software and contents provisioning and 
systems administration. Trustix XPloy is the award winning and leading systems 
management solution for Linux. Other products from Trustix include leading edge 
software provisioning technology TrIP, the XSentry firewall and security 
administrator and Trustix Secure Linux, the high performance, secure and stable 
Linux operating system developed by Trustix and used by customers worldwide. 
Trustix AS is a privately owned corporation with headquarters in Trondheim, 
Norway. For more information about Trustix, please visit the Trustix web site at 
www.trustix.com .

About Reitan Invest (www.reitaninvest.com)

Reitan Invest, with offices in London, New York and Trondheim, focuses on 
venture investments within information and communication technology. The company 
targets companies independent of their geographic location but maintains a focus 
on the Nordic region. Reitan Invest emphasises strict investment criteria, 
closely monitors portfolio growth and implements effective value realisation 
strategies to achieve a strong portfolio and a proven record in value creation 
and realisation.

About Convexa Capital (www.convexa.com)

Convexa Capital, with offices in Oslo and Fort Lauderdale, USA, is a venture 
capital company focusing on accelerating technology companies with international 
potential. Convexa focus on companies with unique technology in the areas of 
IT/telecommunication infrastructure technologies, software rental, wireless, 
access technologies and security. The company focus on active and top level 
support in the fields of strategic processes, private and public funding, 
partnering and recruiting all the way trhough IPO or merger/strategic sale. 
Convexa has broad experience in commercializing Scandinavian technology 
companies to international markets.

XPloy, TrIP, Trustix Secure Linux, XSentry and Manage your eBusiness! are 
trademarks of Trustix AS. Linux is a registered trademark of Linus Torvalds. All 
other trademarks, service marks and company names are the property of their 
respective owners.

Media contacts:
Håvard Wollan
Chief Executive Officer
Trustix
(+47) 92 88 33 83
havard@trustix.com

Kjell Magnus Reitan
Chief Executive
Reitan Invest
(+44) 2072976870