Knut Pogost appointed as new President and CEO of NOTE

Knut Pogost appointed as new President and CEO of NOTE

The Board of Directors of NOTE has appointed Knut Pogost as new President and
CEO of NOTE.

Currently, Knut Pogost is the Executive Vice President of NOTE responsible for
developing the group strategy. He takes up his new position immediately. Knut
has many years of experience holding senior management positions within the
electronics industry, among others from the Norwegian EMS-supplier Kitron and
the Canadian electronics distributor Future Electronics.

Bruce Grant, NOTE's Chairman of the Board comments:
“Since the new Board was elected in the spring of 2007, a methodical
restructuring program has been performed to realign our business - from a
traditional contract electronics manufacturer to a unique services provider on
the EMS market. Significant cost reductions have been carried through and the
major part of the manufacturing is now conducted in NOTE's international
subsidiaries. Our strategy and focus on Nearsourcing remains unchanged. We will
now increase our market offensive. Consequently, it is natural to transfer the
leadership of NOTE to Knut Pogost, who has broad experience of international
sales and marketing within the electronics industry.

The Board of Directors wants to show their appreciation to the former President
and CEO Arne Forslund for his well performed efforts initiating the extensive
efficiency and restructuring program, which has made the foundation of the new
NOTE”.

For more information, please contact:
Bruce Grant, Chairman of the Board, tel. +46 70 426 92 60 
Göran Jansson, Deputy Chairman, tel. +46 70 698 85 72

About NOTE 
NOTE's business concept is to offer services in the production and logistics of
electronics-based products. NOTE has a presence in Sweden, Norway, Finland, the
UK, Estonia, Lithuania, Poland and China. In 2008, net sales were SEK 1,710 m;
the group has approximately 1,200 employees. For more information, please go to
www.note.eu