Peter Uddfors appointed as new CEO for Micronic Laser Systems AB
Täby, Sweden - August 13, 2009 - Micronic Laser Systems AB (OMX Nordic Exchange
Stockholm, Nordic list, Small Cap, Information Technology: MICR), will conduct a
CEO change. New CEO of Micronic is Peter Uddfors who will succeed Sven Löfquist
latest on February 7, 2010.
Peter Uddfors is currently working at Cardo, where he is responsible for
division "Pulp and Paper Solutions." Peter has extensive international
experience from leading positions at Lorentzen & Wettre, Aldata Solutions and
Cardo AB. Peter holds an MSc in Mechanical Engineering from the Royal Institute
of Technology, Stockholm.
After 20 years in the company, including 9 years as CEO for Micronic, Sven
Löfquist has decided to leave the company. During Sven´s management Micronic has
developed into a leading global supplier in the semiconductor and display
industries. Micronic´s photomask products enables cost effective mass production
of electronics. I would like to thank Sven for his considerable efforts for
Micronic´s development,” says Rune Glavare, Chairman of Micronic Laser Systems
AB. Sven will continue to be engaged as Sr. Advisor in Micronic after
implementing the CEO change.
In July 2009 Micronic acquired MYDATA automation AB, which develops and
manufactures equipment for surface mount types of electronic components for the
electronics industry. The purpose of the acquisition is to broaden Micronic
product range and to provide the company with experience of volume production
series. The two companies will be integrated which will create new opportunities
but also challenges for the whole organization.
For further information please contact:
Rune Glavare
Chairman of Micronic Laser Systems AB
Telephone: +46 706 202454
Micronic Laser Systems AB is a Swedish high-tech company engaged in the
development, manufacture and marketing of a series of extremely accurate laser
pattern generators for the production of photomasks. The tech-nology involved is
known as microlithography. Micronic's product offering also includes metrology
systems for display photomasks. Micronic's systems are used by the world's
leading electronics companies in the manufacture of television and computer
displays, semiconductor circuits and semiconductor packaging components.
Micronic's subsidiary MYDATA automation AB designs, manufactures and markets
advanced systems for flexible production of electronics. MYDATA's systems
including software applications are used for stencil free jetting of solder
paste and surface mounting of electronic components. Micronic headquarters is
located in Täby, north of Stockholm and at present the Group has subsidiaries in
the United States, Japan, South Korea, Singapore, China, Taiwan, Germany,
France, United Kingdom and the Netherlands. For more information see our web
sites at: www.micronic.se respectively www.mydata.com
