Magnus Gudéhn – new Managing Director of subsidiary HiQ Cats

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Magnus Gudéhn, a salesperson and group manager at HiQ Data, is to be the new Managing Director of our subsidiary HiQ Cats from 1 October 2005.

Magnus Gudéhn holds an M.Sc. in Engineering from the Royal Institute of Technology in Stockholm and has over 18 years’ experience in IT consultancy. His previous roles have included systems developer, project leader, project manager and development manager. For the past six years Magnus has been working at HiQ Data Stockholm as a group manager and salesperson. In August 2004 HiQ International acquired the Stockholm-based IT consultancy CATS, Computer & Audio Technical Systems AB, a company founded by Dag Sundman. Since then the business at HiQ Cats has developed very strongly. HiQ Cats offers high-tech development – primarily within the financial and industrial segments – with clients such as OMX, leading commercial banks and the newspaper printing house Tidningstryckarna AB. “HiQ’s position within the financial sector has strengthened substantially over the past year and we feel that there are now great opportunities to expand our presence further within this interesting sector. I will be leaving the post of Managing Director of HiQ Cats, but am staying with HiQ to carry on working on precisely that – developing HiQ further as a quality supplier of IT services to the financial sector, a task in which I have great faith. I am handing over responsibility for HiQ Cats to Magnus Gudéhn, a highly experienced and skilled successor,” says Dag Sundman. “HiQ Cats is now a fully integrated subsidiary of HiQ and has developed very strongly over the past year. With his experience of our sector and his many years’ experience of leadership and setting an example within HiQ, Magnus will help broaden our business and maintain the positive development of the company,” says Lars Stugemo, President and CEO of HiQ International. For further information, please contact: Magnus Gudéhn, Managing Director HiQ Cats, tel.: +46 (0)8-588 90 000 Lars Stugemo, President and CEO, HiQ International, tel.: +46 (0)8-588 90 000 Annika Billberg, Head of Corporate Communications HiQ International, tel.: +46 (0)8-588 90 015, +46 (0)704-200 103

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