2011-10-20

Reinforcement of NOTE’s Industrial Plants

New Presidents with sector experience have been hired at NOTE’s units in Estonia and China. Erki Hirv is the new President of NOTE’s Industrial Plant in China, and joins NOTE from a position as CEO of Leab in Estonia, although also has previous experience as President of NOTE in Estonia. Rafet Peksen, formerly CEO of Powerwave in Estonia, is the new President of NOTE in Estonia.

“Our former Presidents know our business and our customers, and going forward, will be focusing on developing our business. Simultaneously, we have hired two highly skilled individuals to manage the future development of our Estonian and Chinese businesses. This is a natural step in our work of creating the prospects for greater efficiency, higher delivery precision and quality levels, which is intended to create an even stronger customer offering,” commented Peter Laveson, President and CEO of NOTE.

For more information, please contact:
Peter Laveson, CEO and President, tel. +46 (0)8 568 99006, +46 (0)70 433 9999
Henrik Nygren, CFO, tel. +46 (0)8 568 99003, +46 (0)70 977 0686

About NOTE

NOTE is one of the leading manufacturing partners for outsourced electronics production in the Nordics. NOTE produces PCBs, sub-assemblies and box build products. NOTE’s offering covers the whole product lifecycle, from design to after-sales. NOTE has a presence in Sweden, Norway, Finland, the UK, Estonia and China. In 2010, net sales were SEK 1,211 million; the group has approximately 1,000 employees. NOTE is listed on the NASDAQ OMX Stockholm Exchange. For more information, please go to www.note.eu (http://www.note.eu/).

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