Teleca Appoints New CFO


MALMO, Sweden, March 10, 2003 (PRIMEZONE) -- Teleca today announced the appointment of Andreas Zartmann as new Chief Financial Officer effective from 7 May 2003.

Zartmann is currently business controller at Teleca AB, prior to that he held the same position at AU-System AB (publ). At the same time Lars Lofgren has been appointed new business controller at Teleca AB. Mr Lofgren is currently business controller at Sigma AB (publ) before which he was CFO at Maldata AB (publ).


For more information, contact: 
Nick Stammers, CEO, Teleca AB, +44-7768 32 35 35
Andreas Zartmann, Business Controller, Teleca AB, +46-702 177 513

Teleca is an international consulting company building and applying advanced technology. The company's business concept is to strengthen the customers' market position and time to market. Teleca builds and integrates solutions for technology and software intensive customers worldwide. Core values are honesty, reliability and hard work. The company has more than 2,400 employees with operations in 13 countries in Asia, Europe and USA. Teleca is quoted on the Attract40 list of Stockholmsborsen (Stockholm stock exchange). www.teleca.com.

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