SOLNA, Sweden, March 13, 2002 (PRIMEZONE) -- Claes Silfverstolpe has been appointed Chief Financial Officer of LGP Telecom Holding AB, with the effect from May, 2002. Claes Silfverstolpe's present position is within Know IT AB where he has acted as CFO since 2000.
Claes Silfverstolpe will attend his new position mid May and will be a member of the Group Management of LGP Telecom Holding AB. He has a solid background from IT, telecom and manufacturing industries. Claes has also been with Allgon AB as CFO during the years 1994 - 2000. Prior to that he was in various leading positions in the Atlas Copco group, e.g. in their organizations in Chile and Spain.
- We are very pleased to have Claes joining LGP Telecom Holding AB. His background knowledge and experience will be of great value for a successful development of our company, says Bengt Broman.
The LGP Group manufactures telecom products that improve radio coverage, capacity and data transmission speed in mobile communications networks. LGP conducts advanced research and development in the field of integrated radio and RF filter solutions and has production and global marketing and sales. LGP's customers are global network operators and system suppliers within all systems and standards. In its niche, the Group is also a leading contract manufacturer of advanced industrial components. The Group has five production units and about 720 employees. LGP Telecom is listed on the Stockholm Stock Exchange.
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