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AVG Technologies N.V. Prices Initial Public Offering

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AMSTERDAM, and NEW YORK, Feb. 1, 2012 /PRNewswire/ -- AVG Technologies N.V. today announced the pricing of its initial public offering of 8.0 million ordinary shares at a price to the public of $16.00 per share.  The shares will begin trading on the New York Stock Exchange on February 2, 2012 under the ticker symbol "AVG."

A total of 4.0 million shares are being offered by AVG, and a total of 4.0 million shares are being offered by selling shareholders. In addition, certain selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 1.2 million shares to cover over-allotments, if any.  AVG will not receive any proceeds from the sale of shares by the selling shareholders.

The bookrunning managers of the offering are Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and Goldman, Sachs & Co.  Co-managers of the offering are Allen & Company LLC, Cowen and Company, LLC and JMP Securities LLC. 

The offering of these securities will be made only by means of a prospectus, copies of which may be obtained from the offices of Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, or by email at prospectus@morganstanley.com, or by telephone at (866) 718-1649; J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by telephone at (866) 803-9204; or Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, New York 10282, or by email at prospectus-ny@ny.email.gs.com, or by telephone at (866) 471-2526.

A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

ABOUT AVG

AVG's mission is to simplify, optimize and secure the Internet experience, providing peace of mind to a connected world.  AVG's powerful yet easy-to-use software and online services put users in control of their Internet experience.  By choosing AVG's software and services, users become part of a trusted global community that benefits from inherent network effects, mutual protection and support.  AVG has grown its user base to approximately 106 million active users as of September 30, 2011 and offers a product portfolio that targets the consumer and small business markets and includes Internet security, PC performance optimization, online backup, mobile security, identity protection and family safety software.

CONTACT:
Kekst and Company
Jeremy Fielding/Daniel Yunger
+1 (212) 521-4858 / +1 (212) 521-4879

Siobhan MacDermott
Investor Relations, AVG Technologies
siobhan.macdermott@avg.com
+1 (415) 299-2945
+ 420 725 695 132

SOURCE AVG Technologies N.V.



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