AudioDev appoints acting CEO

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AudioDev appoints acting CEO AudioDev's half-year interim report announced that Peter Ragnarsson will be leaving his position as CEO at AudioDev having accepted the post of CEO for Bell Group Plc, an acquisition of Securitas. Peter Ragnarsson starts his new job on September 1, and his last working day as CEO for AudioDev will therefore be August 31, 2004. The process of recruiting a replacement for Ragnarsson is underway, but until a new CEO can be appointed the Board has nominated Thomas Vonheim as acting CEO for AudioDev. Thomas Vonheim has been a Board Member of AudioDev since 1999. He has a solid background and extensive experience from leading positions in international engineering companies such as ABB and Alfa Laval, and being a Board Member is well acquainted with AudioDev as a company. Vonheim takes up his position on September 1. Contact us for more information: Sven Ohlsson, Chairman Tel: +46 (0)708-475301 Marielle Noble, Communications & Investor Relations Tel: +46 40 690 4905/ Mobile +46 709-694980 E-mail: marielle.noble@audiodev.com Thomas Vonheim Tel: +46 (0) 40 690 49 00 AudioDev in brief AudioDev is a world-leading manufacturer of test equipment for quality control of optical media such as CDs and DVDs. Net sales in 2003 were SEK 273.0 million with the largest markets being in the US, Asia and Europe. The head office is based in Malmö, Sweden. AudioDev has been listed on the Stockholm Stock Exchange since September 2000. AudioDev's products are sold under the brands CATS and Go!. The products in the CATS series are high precision analyzers for quality testing of all formats on the market. Go! is a new brand with products optimised for process control. AudioDev also offers an extensive service network, as well as customised training and independent test analyses via AudioDev's TestCenter. AudioDev's customers include Technicolor, Ritek Global Media, Microsoft, EMI, Moser Baer India, Pioneer, Cinram, Panasonic, and CMC. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/08/17/20040817BIT20120/wkr0001.pdf Download the pdf

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