New Corporate Group Manager in Cyncrona

Clas Kagerup has been appointed new Corporate Group Manager for Cyncrona,
a company within OEM International AB. He will enter the position on July 1st, 2008.
Cyncrona is involved in production gear and inset merchandise
for the Nordic and Baltic electronics industry. The company turnover is
in the area of 200 MSEK with a work force of about 50 employees.

Clas Kagerup who, for the last 16 years has been employed within
the OEM Group has spent the last 5 years as the Managing Director for Cyncrona Sweden.
Clas Kagerup will remain as Managing Director for Cyncrona Sweden. He has a solid knowledge
and experience of the business and with his creativity and commitment he will
continue to develop the company.