LightLab Sweden AB strengthens its organisation in Sweden and Taiwan

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LightLab Sweden AB, which is developing a new, energy-efficient lighting technology without mercury or other substances hazardous to the environment, has carried out a number of measures that are designed to strengthen and focus the organisation during the industrialisation phase.

Joakim Natt och Dag has joined the company in a consultancy capacity, located in Taipei. Joakim has extensive experience of purchasing and strategic supplier evaluation. For several years, Joakim has been responsible for strategic purchase of material and components and strategic supplier selection at Sony Ericsson.

Most recently Joakim has been stationed in Taipei, responsible for HTC's purchase function. Joakim is now established as an independent consultant to LightLab for a six month period, located in Taipei. Joakim will be responsible for supplier selection, materials purchasing and component supply for the company's reference platform.

With effect from the first of April, LightLab is moving its evaluation lab from Chalmers in Gothenburg to Linköping. This is being done in order to increase and intensify the company's activities together with the company's technical partner in Mjärdevi Science Park. In connection with these organisational changes, Qiu-Hong Hu is leaving the company on 31 March. Responsibility for research and development will come under Jonas Tirén, who is currently responsible for the development work.

Tor Ygdevik is also joining the company, with responsibility for overall project management in the development organisation.

Tor has previously been Managing Director and development manager of the Swedish subsidiary of Zarlink Semiconductors of Canada. Tor has widespread experience from management positions in development, marketing, project management and production. He was responsible for production at one of Ericsson's semiconductor factories at Kista for several years. Tor has 25 years' experience of the electronics industry and more than 15 years' international experience in microelectronics.

"At LightLab, we are into an intensive chain of industrialisation. It is both necessary and pleasing to be able to link internationally experienced managers with the company," says Jan-Erik Lennefalk, CEO of LightLab.

If you have any questions, please contact:

Jan-Erik Lennefalk, CEO 
Mobile: 46 (0) 702 51 91 92

Per Olsson, Investor Relations
Mobile: 46 (0)730 80 49 59
E-mail: per.olsson@lightlab.se

This is LightLab Sweden AB
LightLab Sweden AB (publ), www.lightlab.se, has developed an environmentally friendly energy-saving bulb for general lighting based on field emission and cathode luminescence. It is energy efficient and exhibits good values for colour balance and colour quality. The bulb does not contain any mercury, lead or other substances hazardous to the environment. Research is carried out in Gothenburg and laboratory production, testing and evaluation are carried out by a subsidiary in Taiwan, LightLab Asia. The technology behind the bulb is applicable in a host of other applications, each of which offers considerable potential. LightLab has over 4,000 shareholders. The company's shares are listed on NASDAQ OMX First North. The company’s certified adviser is Erik Penser Bankaktiebolag.

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