Systemair informs about changes in the Group management

Systemair informs about changes in the Group management

The ventilation company Systemair informs that Peter Olofsson, VP Purchasing,
has chosen to leave Systemair. Peter Olofsson is succeeded by Taina Veittikoski,
who also will replace him in the Group management. Taina has a long carreer
within the Group in different leading positions like subsidiary MD and business
developer. 
At the same time the Group management is extended with Anders Ulff, current
Finance director, who has been appointed as Administrative director from April
1. Anders has been working in different positions within Systemair since 1999.

- With Taina Veittikoski and Anders Ulff, we will get a broader competence and
at the same time a rejuvenation of the Group management, says Gerald Engström,
CEO Systemair.


For further information please contact: 
Gerald Engström, CEO, +46 222 440 01, mobile +46 705 190 001 
Glen Nilsson, CFO, +46 222 44003, mobile +46 706 544 003 


Systemair in brief 
Systemair is a leading ventilation company with operations in 38 countries in
Europe, North America, the Middle East, Asia, Africa and Australia. The Company
had sales of approximately SEK 3.1 billion in the 2007/08 financial year and
currently employs about 1,950 people. Since it was founded in 1974, the Company
has increased sales every year and at the same time reported an operating
profit. During the past three years, the Company's growth rate has averaged
roughly 18 percent. The Group comprises about 50 companies. 
Systemair has well-established operations in growth markets. The Group's
products are marketed under the Systemair, Frico, VEAB and Fantech brands.
Systemair shares have been quoted on the Mid Cap List of the OMX Nordic Exchange
in Stockholm since October 2007.