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                                           Καταστατικό Ανώνυμης  Εταιρείας
                            ARTICLES OF ASSOCIATION OF THE SOCIÉTÉ ANONYME
                                                UNDER THE NAME $$$
                                        SHARE CAPITAL € $, $$$,$$$.$$ EURO
                                           (SAR NUMBER $$$ /$$$ /$/$$/$$$)

                                                      CHAPTER A´
                                   FORMATION – NAME – SEAT – SCOPE – TERM

                                                         Article 1
                                                    Formation – Name

                        A  Société  Anonyme  is  hereby  formed  under  the  name  “$$$  and  with  the

                        distinctive title $$$.
                        For the relations of the Company with overseas, the name shall be used in a

                        true translation in the foreign language.

                                                         Article 2
                                                           Seat

                        As seat of the Company is designated the Municipality of $$$, Attica, where

                        the Company is brought before the Courts or Tribunals exclusively on any

                        dispute also in the cases of the special forum, in accordance with the Code of
                        Civil  Procedure,  pursuant  to  which  it  can  be  brought  before  Courts  and

                        Tribunals outside of its seat, unless otherwise stipulated by the Law.
                        The  Company  can  establish  branches,  agencies  or  merely  trade  agencies

                        thereof, anywhere in Greece and overseas, by virtue of a resolution of the
                        Board of Directors, which can simultaneously determine also the terms of their

                        direction and their general operation as well as the scope of their competence.


                                                         Article 3
                                                  Scope of the Company

                        1. The scope of objects of the company is the following: (a) the production,

                        manufacturing,  trading  or/and  sale  of  specialized  products  of  computer

                        security and computer networks, (b) the production, manufacturing, trading
                        and  sale  of  any  type  of  products  and  circuits  of  any  type  of  informatics

                        products  and  circuits,  which  are  used  in  the  systems  of  the  informatics
                        networks and computerization networks of enterprises, (c) the production of
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