Anders Lundström is proposed as a new board member of Enersize

On September 24, 2019, an Extraordinary General Meeting will be held at Enersize Oyj ("Enersize" or "the Company"). In accordance with paragraph 6 of the notice convened on September 3, 2019, it is proposed to this Extraordinary General Meeting that a fifth member of the Board be newly elected to the Board. Enersize today announces that Anders Lundström is proposed to be elected as a new ordinary Board member for the Company.

Anders Lundström, born in 1964, is a graduate of the Royal Institute of Technology in Stockholm. He is currently active as chairman of the board of W5 Solutions AB, a company that delivers high-tech solutions to, for example, the defense industry. Lundström's past experiences include the role of board member and CEO of Svenska Aerogel Holding AB, listed on Nasdaq First North Growth Market. During the period 2005-2010, Anders Lundström was CEO of Newbeam AB. He was 2001–2005 CEO and board member at PAf Rekrytering AB and 1998–2001 senior consultant at SEE Headhunting & Consulting. Prior to that, Anders Lundström held business leadership roles within the Poolia Group as well as at Rexroth Mecman.

Thomas Bengtsson, Chairman of the Board of Enersize, comments

We look forward to getting a person with Anders Lundström's dignity into the board of Enersize. He has a long experience from leading positions in high-tech companies and in-depth knowledge of business development and business strategies. We are confident that Anders will make a valuable contribution to Enersize's Board of Directors and be able to contribute to the Company's future development.

Certified Advisor 

Svensk Kapitalmarknadsgranskning AB

E-post: ca@skmg.se

Telefon: +46 11 32 30 732

For more information about Enersize, please contact: 

Anders Sjögren, CEO

Telephone: +46(0)730-763530

E-mail: anders.sjogren@enersize.com

This is a translation of news released in Swedish and the text in Swedish prevails.

Brief information about Enersize

With its patent-pending automated cloud-based services, Enersize can provide 10-50% energy savings in industrial compressed air systems. Enersize Q+ for measurement and monitoring. Enersize Enterprise for central monitoring of Q+ over several factories. Enersize LEAQS for leakage management. The combination of the company’s cloud services saves energy and CO2 emissions and is paid back in a matter of months. The company has more than 4000 customers worldwide. 10% of the industry’s energy consumption goes to compressed air, corresponding to about 2% of the world's total electricity consumption. The company is headquartered in Helsinki, have sales offices in Gothenburg and Shanghai and a development office in Lund. The company is listed on Nasdaq Stockholm First North Growth Market under the ticker: ENERS. www.enersize.com

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