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Disclaimer

The information on this web site has been prepared solely for information purposes. Furthermore Etsior makes no representation or warranty in any manner, expressly or by implication, as to the accuracy or completeness of the information provided in this Web Site.

Etsior expressly disclaims any liability for losses or damages, whether direct, indirect foreseeable or unforeseeable, incurred or suffered by any user of this Web Site or of the information provided in this Web Site. By accessing this Web Site, each user fully releases Etsior and all of its affiliates and their respective partners, directors, officers, employees and agents from any and all claims, right and recourses for such losses or damages.

No information provided in this Web Site regarding services or products shall constitute or be construed as an offer to sell or the solicitation of an offer to acquire securities or other instruments in any jurisdiction where such offer or solicitation is prohibited at law, and in particular in Switzerland, or in which the person making an offer or solicitation is not licensed or registered to do so or to any person to whom such offer or solicitation cannot be made at law. Any such prohibited offer or solicitation is void and Etsior will disregard any communication received in respect thereof.

This Web Site is not intended to be and shall not be construed as investment, financial or other professional or expert advice, nor shall it be construed as recommendation to sell or buy, any security or other instrument.

Users of this Web Site are urged to seek professional advice with respect to any of such matters.

This Web Site is established for general information purposes only and cannot be used to place orders to sell or buy securities or other instruments.

Confidentiality

This Web Site is not a secure medium for electronic communications. Any confidential, proprietary or sensitive information transmitted by a user by means of this Web Site may be read and/or copied by unauthorized persons.