Ola Markusson new CTO for Bioservo Technologies

Bioservo Technologies AB (publ) has recruited Ola Markusson as a new CTO and member of the management team. Ola has extensive experience in product development and change management from larger organizations and will strengthen the development department to enable the company's continued growth.

Ola is most recently coming from the role of development director at DeLaval. There he has led the development work within, among other things, robot milking, software for operational management of dairy farms and other solutions for milking. Ola has led both local and global organizations for project management and systems engineering as well as development in software, mechanics, electronics and verification and validation.

Ola has a great interest and experience in change management, agile working methods and leadership development. He has a PhD in Control Engineering from KTH, Stockholm.

"In the expansive phase Bioservo is in with a growing product portfolio on an international market, we will benefit greatly from Ola's long leadership experience from larger international organizations," says Petter Bäckgren, CEO of Bioservo.

Ola Markusson replaces Martin Remning Wahlstedt, who after eight years at Bioservo leaves the company and starts working as a consultant. Martin has been a key player at Bioservo and contributed with broad competence and great commitment, we thank Martin for his important contributions and wish him all the best in future projects.

For further information please contact:
Petter Bäckgren, CEO
petter.backgren@bioservo.com
+46 8 21 17 10

Note: This information is such as is required by Bioservo Technologies AB under the EU Market Abuse Regulation. The information was submitted, through the care of the above person, for publication on 6 June 2022 at 10:30 (CET).

About Bioservo Technologies
Bioservo Technologies AB (publ) is a world leading company in wearable muscle strengthening systems for people in need of extra strength and endurance. All our innovative products and systems are designed to keep people strong, healthy and efficient.

The company has a unique global position within soft exoskeleton technology for the hand, both for industrial applications to improve the health for workers and to improve quality of life for people with reduced muscle strength.

Bioservo Technologies was founded in 2006 in collaboration between researchers at the Royal Institute of Technology and a doctor at Karolinska University Hospital. Bioservo Technologies is a Swedish public limited company with headquarters in Stockholm.

FNCA Sweden AB, +46(0)8-52800399, info@fnca.se is the company’s Certified Adviser on Nasdaq First North

For more information, please visit www.bioservo.com