During the last 12 months, MAX21 Management und Beteiligungen AG (ISIN DE000A0D88T9, Entry Standard, MA1 GY) has pursued the strategy to fully acquire and reorganize its two most promising portfolio companies, namely pawisda systems GmbH (pawisda) and LSE Leading Security Experts GmbH (LSE), which focus on the topics digital output management and internet security and authentication. With the complete takeovers