Nefab strengthens the management team

Nefab strengthens the management team Nefab's vision is to be a global partner for complete packaging solutions. The demand from Nefab's customers, primarily within the telecom equipment industry, has resulted in increased sales with about 30% so far this year compared to last year. The fast growth results in an increased demand for management resources. As from January 1st 2001 Christer Ohlson will enter a new established position as Vice President, business development. Christer has been working for Nefab for 20 years, mainly as Chief Financial Officer. Anna Stålenbring has been appointed to new Chief Financial Officer as from January 1st 2001. Anna has been employed by Nefab since 1994 as Accounting Manager and responsible for investor relations. For further information, contact President and CEO Lars-Åke Rydh, tel.+46- 70-592 45 70, e-mail lars-ake.rydh@nefab.se or Accounting Manager/IR-responsible Anna Stålenbring, tel 070-814 23 44, e-mail anna.stalenbring@nefab.se Jönköping 2000-10-23 Lars-Åke Rydh President and CEO Information about Nefab Nefab delivers complete packaging solutions to international industrial groups, primarily within the telecom equipment and automotive industry. Nefab operates within two business areas - NEFAB ExPak (collapsible export packaging systems) and NEFAB RePak (reusable transport-packaging and storage systems). Nefab has its own companies in Europe, North and South America and Asia. Annual sales are about SEK 1 BN. Nefab is listed on the OM Stockholm Exchange. Nefab AB (publ) Östra Storgatan 20 . P O Box 2184 . SE-550 02 Jönköping . Sweden Telephone +46(0)36-345050 . Telefax +46(0)36-150444. Organization No. 556226-8143 Homepage: www.nefab.com . E-mail: info@nefab.se The registered office of the board of directors is in Ovanåker, Sweden ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/10/23/20001023BIT00770/bit0001.doc http://www.bit.se/bitonline/2000/10/23/20001023BIT00770/bit0002.pdf