Christer Sjöström - new CEO for AudioDev
Christer Sjöström - new CEO for AudioDev AudioDev's board have chosen Christer Sjöström, currently Executive Vice President of Europe at TAC AB, as the new CEO of AudioDev AB. Christer has been working within TAC AB since 1998, developing its European operations from sales of 800 million SEK to today's 2 billion SEK. Before his position at TAC, Christer has held a number of leading positions within ABB Stal, both in Sweden and in the USA. Christer holds a Master's of Science in Physics and an MBA from the University of Uppsala. "We are very glad to have been able to get Christer on-board. He has the experience and competence that perfectly matches the profile we were looking for" says Sven Ohlsson, Chairman of the Board, AudioDev AB. Christer will take up his new position as soon as possible, subject to negotiation with his current employer. Christer succeeds Thomas Vonheim, who has been acting CEO since September 2004. Thomas will return to his position as a board member after Christer takes up his duties at AudioDev. "It will be very interesting to lead AudioDev. The company is well positioned and has a strong financial position. I am convinced that my background and experience will fit AudioDev and contribute to its future development" says Christer Sjöström. Contact us for more information: Sven Ohlsson, Chairman of the Board AB Mobile. +46 (0)708-475301 E-mail: s.e.ohlsson@telia.com Marielle Noble, IR & Corporate Communication Tel.: +46 (0) 40 690 49 05 Mobile: +46 (0) 709 - 694980 E-mail: marielle.noble@audiodev.com 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/2004/11/01/20041101BIT20300/wkr0001.pdf