Dag Sjöqvist has been appointed Group CFO. He brings extensive international experience in strategy, corporate finance and global M&A transactions. Most recently, Dag held the position as Group Vice President at the M&A and strategy department at ABB’s headquarters in Zürich. Dag has also been part of the core team to outline the corporate strategy for the ABB group.

“Syncron has an AAA credit rating, which demonstrates a strong financial foundation from which we can grow,”says Sjöqvist. “We have exciting opportunities ahead of us for international growth both organically and through acquisitions and I look forward to contributing with my international experience.”

Nina Nilsson, appointed Global Marketing Manager, has a background at Investor AB, the largest industrial holding company in the Nordic region, where most recently, she held a marketing and communications management position.

“I strongly believe in Syncron’s strategy to help global companies easily manage complex enterprise-wide supply chain processes”, says Nilsson. “With global leaders such as Volvo, Toyota, Scania, Mazda and Sandvik selecting Syncron as their partner, I am confident that the company will continue its success on the global SCM market.”

“The best in class experience Dag and Nina bring in their respective functions will be fundamental to our growing business going forward,” says Anders Grudén, CEO at Syncron. “These recruitments will be a great asset both to boost increased license sales and to support future acquisitions, as we continue our global expansion at an aggressive pace during 2008 and beyond.”

For more information, please contact:
Anders Grudén, CEO Syncron International AB
Mobile: +46 (0) 70 834 59 10
E-mail: anders.gruden@syncron.com

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