Mandatory notification of trades

On June 15, 2010, Lars Moldestad board member and
primary insider in Nio Security, Inc. subscribed for
265,000 shares in the private placement in Nio at a
price of NOK 1.40 per share. After the transaction,
Lars Moldestad and close associates holds 11,750,509
shares and 13,245,614 warrants to buy shares.

On June 15, 2010, Bellamare Resources Ltd, a company
controlled by Jon Skabo, board member and primary
insider in Nio, subscribed for 265,000 shares in the
private placement in Nio at a price of NOK 1.40 per
share. After the transaction, Bellamare Resources Ltd
holds 8,281,235 shares and 16,754,386 warrants to buy
shares.

On June 15, 2010, Espen Brodin, chairman & CEO and
primary insider of Nio, subscribed for 100,000 shares
in the private placement in Nio at a price of NOK
1.40 per share. After the transaction, Espen Brodin
will hold 100,000 shares and 600,000 warrants to buy
shares.

On June 15, 2010, Bawa AS, a company owned by close
associates of Bjarne Støtvig jr., board member and
primary insider of Nio, subscribed for 100,000 shares
in the private placement in Nio at a price of NOK
1.40 per share. After the transaction, close
associates of Bjarne Støtvig jr. will hold 780,829
shares and 600,000 warrants to buy shares.

On June 15, 2010, Tore Formo, CFO and primary insider
of Nio, subscribed for 100,000 shares in the private
placement in Nio at a price of NOK 1.40 per share.
After the transaction, Tore Formo will hold 754,483
shares, 10,834 options and 600,000 warrants, and
close associates of Tore Formo 320,372 shares.