Proposal regarding new board members and chairman of the board of Teleca
Teleca AB (publ) announces that Teleca’s nomination committee, having discussed the matter with Teleca’s new largest shareholder Symphony Technology Group (STG), proposes two new board members to be elected at the extraordinary shareholders’ meeting on March 7, 2008.According to the proposal, Teleca's board would consist of six members (instead of earlier seven) plus any employee representatives. The new candidates, whose term of office would run until the close of the next annual general meeting, are Chet Kamat and John Tristan (J.T.) Treadwell, both representing Symphony Technology Group.