Reinforcement of NOTE's Industrial Plants

Reinforcement of NOTE's Industrial Plants

During the autumn, NOTE has strengthened the commercial capacity of its
Industrial Plants. The former Presidents of NOTE's Estonian and Chinese
businesses will take on responsibility for these units' direct business,
but also reinforce the interface internally to other NOTE units.The
ambition is to create the prospects for sales growth in new types of
business where NOTE has not previously been competitive enough, and to
satisfy customers' logistical, commercial and technological needs even
better and faster to develop existing business relationships

New Presidents with sector experience have been hired at NOTE's units in
Estonia and China. Erki Hirv is the new President of NOTE's Industrial
Plant in China, and joins NOTE from a position as CEO of Leab in
Estonia, although also has previous experience as President of NOTE in
Estonia. Rafet Peksen, formerly CEO of Powerwave in Estonia, is the new
President of NOTE in Estonia.

“Our former Presidents know our business and our customers, and going
forward, will be focusing on developing our business. Simultaneously, we
have hired two highly skilled individuals to manage the future
development of our Estonian and Chinese businesses. This is a natural
step in our work of creating the prospects for greater efficiency,
higher delivery precision and quality levels, which is intended to
create an even stronger customer offering,” commented Peter Laveson,
President and CEO of NOTE.

For more information, please contact:
Peter Laveson, CEO and President, tel. +46 (0)8 568 99006, +46 (0)70 433
9999
Henrik Nygren, CFO, tel. +46 (0)8 568 99003, +46 (0)70 977 0686

About NOTE

NOTE is one of the leading manufacturing partners for outsourced
electronics production in the Nordics. NOTE produces PCBs,
sub-assemblies and box build products. NOTE's offering covers the whole
product lifecycle, from design to after-sales. NOTE has a presence in
Sweden, Norway, Finland, the UK, Estonia and China. In 2010, net sales
were SEK 1,211 million; the group has approximately 1,000 employees.
NOTE is listed on the NASDAQ OMX Stockholm Exchange. For more
information, please go to www.note.eu (http://www.note.eu/).