Micronic Mydata names Carina Wång Chief Financial Officer

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Täby, Sweden – March 17, 2011 - Micronic Mydata AB (publ), listed on NASDAQ OMX Nordic Stockholm, Small Cap: MICR, announced today that Carina Wång has been appointed the new CFO for Micronic Mydata AB. The appointment will take effect as of May 1, 2011. Carina holds Bachelor of Science in Business Administration and Economics, and for the past twenty years, she has held senior positions within economy and finance at Vattenfall, Telia and Boliden. Carina is currently employed at Investor AB as VP, Head of Business Controlling.

Carl-Johan Blomberg, Micronic Mydata’s current CFO, is leaving the company. Carl-Johan’s resignation will take effect in connection with Carina Wång taking over. Carl-Johan was appointed CFO for Micronic Laser Systems AB in July 2002.

 "During the period when Carl-Johan has worked for us, the company has gone from being a smaller technology company to one of today’s world leaders in supply of pattern generators and SMT equipment. Carl-Johan’s contribution to this development has been instrumental,” says Peter Uddfors, president and CEO for Micronic Mydata AB. “The solid knowledge Carina Wång brings with her from her various positions within economy and finance, as well as the smooth transition, will ensure continuity in the company’s business operations, while her experience will contribute to Micronic Mydata’s future business development.”

Contact at Micronic Mydata:
Peter Uddfors
President and CEO
+46 8 - 638 52 00

peter.uddfors@micronic-mydata.com

About Micronic Mydata AB
Micronic Mydata AB is a Swedish high-tech company engaged in the development, manufacture and marketing of a series laser based pattern generators for the production of photomasks and advanced surface mount technology (SMT) equipment for flexible production of electronics. The pattern generators are used by the world’s leading electronics companies in the manufacture of television and computer displays, semiconductor circuits and for advanced electronic packaging. The SMT equipment, including software applications, is used for surface mounting of electronic components and stencil free jetting of solder paste. The SMT equipment is used by large and small manufacturers of electronics in aerospace, aviation and telecom. Micronic Mydata headquarters is located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany Japan, Singapore, South Korea, Taiwan, the Netherlands, United Kingdom and the United States. For more information see our web site at: www.micronic-mydata.com

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