Opcon: Claes Palm appointed new CFO and deputy CEO of Opcon AB

Claes Palm has been appointed as the new CFO and deputy CEO of Opcon AB. Claes
Palm replaces Göran Falkenström, who is leaving Opcon and entering retirement.
Opcon has decided to wind up all remaining administration and operations in Åmal
where Goran Falkenström has been stationed.

The ending of activities in Åmal means that a total of three administrative
staff will leave their posts during the year. In addition, the office and other
external services in administration have been given notice. The measures are
part of a savings program announced in February that will generate annual
savings of around SEK 30 million.

Claes Palm, 51, most recently served as head of finance for Opcon's Swedish
subsidiaries. An economist, he studied at the University of San Diego, USA, and
has a strong background in finance consolidated with international experience.
He has previously worked for Ericsson, PK Banken (now Nordea), Frango and
Deloitte Consulting. Before joining Opcon, Claes Palm spent seven years as
Accounting Manager / Controller at Haldex.
For further information, please contact

Niklas Johansson, vice president, Investor Relations, Opcon AB, tel. 46 8-466 45
00, 46-70-592 54 53

Opcon AB, Box 15085, 104 65 Stockholm, Sweden
Tel. 46 8-466 45 00, fax 46 8-716 76 61
e-mail: info@Opcon.se

www.Opcon.se
The Opcon Group

Opcon is an energy and environmental technology Group that develops, produces
and markets systems and products for eco-friendly, efficient and resource
-effective use of energy.

Opcon has activities in Sweden, Germany and the UK. There are around 150
employees. The company’s shares are listed on Nasdaq OMX Stockholm. The Group
comprises one business area:

Renewable Energy focuses on the following areas: compressor technology,
electricity generation based on waste heat, bioenergy-powered heating and CHP
plants, pellets plants, handling systems for biomass, sludge and natural gas,
industrial cooling, flue gas condensation, treatment of flue gases and air
systems for fuel cells.