Philip Mozes new President for Gunnebo Perimeter Protection


STOCKHOLM, Sweden, June 12, 2003 (PRIMEZONE) -- Philip Mozes, a 49 year-old Dutch citizen, has been appointed President of Gunnebo Perimeter Protection and a member of Gunnebo's Group management. He takes up his new positions on September 1, 2003.

Gunnebo Perimeter Protection develops, manufactures and sells complete perimeter protection systems for outdoor security such as gates, fencing, and alarm systems, including installation and service, as well as products for road safety. Gunnebo Perimeter Protection, whit head office in Holland, has an annual turnover of some MEUR 65 and 400 employees in ten countries.

Philip Mozes has long experience as an industrialist and has held several senior positions within the Gunnebo Group since 1996, most recently, with Gunnebo Physical Security, where he is President Region Northern and Eastern Europe with responsibility for marketing and sales.

"With his long experience from senior management positions on the security market, Philip Mozes is particularly well suited to further developing Gunnebo Perimeter Protection's business. Given the highly international character of Gunnebo's business it is natural that Group management reflects our international business," said Gunnebo's president and CEO Bjarne Holmqvist.

"I am really looking forward to work as head of Gunnebo Perimeter Protection with responsibility for a very exciting division with immense development potential," said Mozes.

Also on September 1, 2003, the current head of Gunnebo Perimeter Protection, Sven Boethius, will take up a position as Marketing Director within the Gunnebo Group's largest division Gunnebo Physical Security, where he will have marketing responsibility for the Safes business area.

"Sven Boethius' solid background within marketing and brand name strategy will be extremely valuable in maintaining and strengthening our position of global market leadership within Gunnebo Physical Security's largest business area," concluded Bjarne Holmqvist.

GUNNEBO AB (publ) Information

For further information

Bjarne Holmqvist, President and CEO, Gunnebo AB: +46 31 83 68 00, mobile +46 708 40 03 70, or +46 705 83 64 45; Philip Mozes, divisional manager Gunnebo Perimeter Protection: +31 203 988 988, mobile +31 621 23 75 71, or Janerik Dimming, director of corporate communications, Gunnebo AB: +46 31 83 68 03, mobile +46 705 83 68 03, or email janerik.dimming@gunnebo.se

www.gunnebo.se

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