Current Report nr 5 / 2015 – New products launch – Citrix

Information about the launch of new products

Bittnet Systems S.A. (hereinafter referred to as “the Company”) informs the shareholders about achieving the Citrix Silver Solution Advisor certification. This certification is a recognition of the Company’s technical capabilities of positioning Citrix solutions to end customers.

Citrix is a global producer of high end IT solutions for virtualization, security and mobility & collaboration. The addition of a new world-class vendor in the Company’s portfolio part of the Company’s development strategy of continuous expansion of the products and services portfolio following industry-wide trends.

The new product lines that the Company has added to it’s portfolio are: AppDNA, CloudBridge, CloudPlatform, CloudPortal Business Manager, CloudPortal Services Manager, GoToMeeting, GoToTraining, GoToWebinar, Melio, NetScaler, NetScaler Gateway, ShareFile, VDI-in-a-Box and Workspace Suite.

Please find attached the Current Report  5 / 2015 .

Annual Report BNET 31.12.2014

Please find attached the Annual Report for Bittnet Systems for the full fiscal year 2014.

Annual_Report_2014_Bittnet_Systems SA -English

Support Documents for Annual Report Bittnet 2014

Current Report 4 – Correction to Financial Calendar 2015

In Current Report nr 3 / 2015 there has been a typo which has resulted in a different date of publishing the semi-annual report to be shown for the English version and the Romanian version.

Please find the correction: the semi-annual report will be published on August 28th, 2015.

150422 CR4 – correction to CR3 – financial calendar

Current report 3 / 2015 – Financial Calendar 2015

Bittnet Systems S.A. (hereinafter referred to as “the Company”) hereby informs about adoption of financial communication’s calendar. The Company will publish periodical reports in a following manner:

  • Annual report for 2014 year – April 30th, 2015
  • Half-year report for the first half of 2015 year – August 31st, 2015.

These dates have been chosen to be evening of the last working day of the week so as to allow the maximum possible time for information to be absorbed by the interested parties.

On the March 4th, 2015 the General Shareholder Meeting conducted an annual meeting and approved the financial statement for 2014 year.

140422 CR3 RO + EN – financiar calendar 2015

Current Report 2 / 2015 – supplemental info about CR 1

Please find attached additional information regarding the ownership disclosures of INC SA and Carpathia Capital SA:

150420 CR2 – RO+EN Supplementation to the current report no 12015

Current Report 1 / 2015

According to the art. 228 par. (3) of Law No. 297 of 28 June 2004 regarding the capital market, as amended and supplemented, Bittnet Systems S.A. (hereinafter referred to as “the Company”) hereby informs that on April 17th, 2015 the Company received from the shareholders INC S.A. and Carpathia Capital S.A. an ownership disclosures of changes in holdings of the Company votes below the threshold of 10%.

The aforementioned ownership disclosures are attached to this report.

CR1 – RO+EN – Notificare atingere praguri detinere

Management and Board

The operational management of the company is ensured by the two founders – Mihai Logofatu – acting CEO and Cristian Logofatu – acting CFO.

Starting with 2012, just after receiving the capital infusion from Razvan Capatina, Bittnet has developed an Advisory Board. This consists of highly regarded persons with great entrepreneurial and managerial experience:

  1. Sergiu NEGUT
  2. Andrei PITIS
  3. Dan STEFAN
  4. Dan Berteanu

The Advisory Board meets at least 4 times a year, hears management internal reports, guides and assists management in their strategic decisions. We are very fortunate that these people have agreed to tie their names to the Bittnet name and have allocated hundreds of hours of their time to our development. We feel that their combined experience has helped us tremendously during these 3 years and we count on their continued support for the new challenges that lie in front of us.

 

Auditors

The Company’s financial statements for 2011-2013 were audited by:

Information about Auditor

(Business) name: S.C. ACE Consult SRL
State where the registered office is located: Sibiu, Romania
Registered office and address of the company: Sibiu, C. Noica nr. 3
Fiscal Code/Unique Registration Code: 14469555
Trade Registry Code: J32/159/2002
License number: 523/2004

Dan Stefan – Member of Advisory Board

LinkedIn Profile

dz.linkedin.com/in/danstefan

Education:

  • 2001 – 2001                        Master’s Degree, International Business, University of Paris
  • 2000 – 2001                         Master’s Degree, International Economics, Universite d’Orleans
  • 1997 – 2001                        Bachelor’s Degree, International Trade, Academia de Studii Economice din Bucuresti

Professional experience:

  • 2006 – Present                 Autonom Rent a Car, Executive Director and Owner
  • 2007 – Present                 Autonom Lease, General Manager and Owner
  • 2002 – 2006                        IAC, Purchasing Consultant

Percent of shares held in the Company

Dan holds 36 486 number of the Company’s shares which account for 0,81% in share capital and 0,81% of total number of votes.

Additional Regulatory Disclosure Info

  • Dan does not perform any activities outside the Issuer which are significant for the Issuer.
  • Currently Active partner in Autonom Rent a Car and Autonom Lease.
  • Within the last five years indicated person has not been prohibited by the court to act as a member of managing or supervisory bodies in commercial law companies and partnerships.
  • Within the last five years there have been no cases of bankruptcy, compulsory administration or liquidation for entities in which the person was a member of managing or supervisory bodies.
  • Dan does not perform activities competitive to the activities of the issuer.

Andrei Pitis – Member of Advisory Board

Profil LinkedIn

ro.linkedin.com/in/andreipitis

Education:

  • 1995 – 1996 Master degree in Computer Science, Universitatea “Politehnica” din Bucuresti

Professional Experience:

  • 1995 – Present                 University Politehnica of Bucharest, Associate Professor
  • 2005 – 2010                        IXIA, Senior Director
  • 2013 – Present                 Vector Watch, Founder & CTO
  • 2012 – Present                 ANIS, President
  • 2011 – Present                 Clevertaxi, Board Member

Percent of shares held in the Company

Andrei holds 36 486 number of the Company’s shares which account for 0,81% in share capital and 0,81% of total number of votes.

Additional Regulatory Disclosure Info

  • Member of the following NGOs:President of ANIS – the national association of software producers, Member of TechAngels and Member of Innoviation Labs.
  • Currently Active partner in:Vector Watch, Clever Taxi and TechMind (Simple Systems). Previously active in: I-rewind.
  • Within the last five years indicated person has not been prohibited by the court to act as a member of managing or supervisory bodies in commercial law companies and partnerships.
  • Within the last five years there have been no cases of bankruptcy, compulsory administration or liquidation for entities in which the person was a member of managing or supervisory bodies
  • Andrei does not perform activities competitive to the activities of the issuer.