Changes in Aerocrine’s Executive Leadership Team

SOLNA, Sweden - April 16, 2015 - Aerocrine AB (Nasdaq Stockholm: AERO) is
pleased to announce the following organizational changes:

Morten Högholm Pedersen, MD PhD, will be joining the company in the role of
Chief Technology Officer effective June 1st.  Morten comes to Aerocrine from GN
Otometrics A/S in Denmark where he held a number of different positions, most
recently as VP Global R&D and Product Management.  It is expected that his
background in technology and technology development will further the development
of the NIOX family of products including work currently underway to explore the
home market.  Morten will report to Scott Myers, CEO of Aerocrine.

Caroline Andersson, Aerocrine’s General Counsel is being promoted to membership
in Aerocrine’s Executive Leadership Team effective immediately as recognition
for her continued contribution to the business.  Caroline will report to
Marshall Woodworth, CFO of Aerocrine.  In addition to her other duties and
responsibilities Caroline will continue to serve in her role as secretary to the
Board of Directors.

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Ken Marshall, President of Aerocrine Inc. and VP of Global Marketing will be
leaving Aerocrine and the management group effective April 30th.  The roles that
Ken filled will be handled by other members of the Executive Leadership team
including Scott Myers who will be directly overseeing US Operations.  Aerocrine
wishes to thank Ken for his many contributions to the growth and success of the
company and wishes him well in his future endeavors.

Following these moves the Executive Leadership Team of Aerocrine will be
comprised of seven members:

                             Scott Myers, President and CEO

                             Caroline Andersson, General Counsel

                             Mats Carlson, VP of Global Business Operations

                             Dr. Morten Pedersen, Chief Technology Officer

                             David Plotts, VP International Sales and Marketing

                             Dr. Kathy Rickard, Chief Medical Officer

                             Marshall Woodworth, Chief Financial
Officer

‘The hiring of Morten, the promotion of Caroline, and the further streamlining
of our organization will better prepare Aerocrine to accomplish our long range
goals’ said Aerocrine’s CEO Scott Myers.

For more information about Aerocrine please contact:

Scott Myers, Chief Executive Officer, Aerocrine AB, Phone: +1 970 368 0336

About Aerocrine

Aerocrine AB is a medical products company focused on improved management and
care of patients with inflammatory airway diseases such as Asthma. Within this
sector, Aerocrine is the world leader. Aerocrine markets NIOX MINO® and NIOX
VERO®, which enables fast and reliable point-of-care measurement of airway
inflammation. These products play a critical role in more effective diagnosis,
treatment and follow-up of patients affected with inflammatory airway diseases.
Aerocrine is based in Sweden with subsidiaries in the US, Germany, Switzerland
and the UK. Aerocrine shares have been listed on the Stockholm Stock Exchange
since 2007 (AERO-B.ST). For more information please visit www.aerocrine.com and
www.niox.com.