SAF Tehnika Announces Appointment of Aira Loite to the Position of the Chief Financial Officer

Riga, 24 September 2007 - SAF Tehnika announces that as of 1 November this
year, Aira Loite, Director of Corporate Information and Control Unit at
Lattelecom and formerly a long-term Finance Manager at Microlink, is appointed
the company's Chief Financial Officer. Within a month, Aira Loite could also
occupy a position of a Board Member, thus replacing the former company's CFO
Aleksis Orlovs whose leave from the company is related to an opportunity of
launching a private business. 

 “Respecting the decision of our former CFO to take on a new challenge in his
career I am convinced that in the person of Aira Loite SAF Tehnika has been
joined by a knowledgeable manager with most extensive experience in the sector
of innovative technologies, which will be a great asset for the company,”
stressed SAF Tehnika Chairman of the Board, Normunds Bergs. At the same time
SAF Tehnika confirms that the expected changes in the company's management are
not related to the changes in the company's strategy of the product development
and international operations. 

The duties of Aira Loite at SAF Tehnika will include the finance and
administrative management and the investor relations. 

Before taking the new position Aira Loite worked from April 2006 to October
2007 for SIA Lattelecom - initially as the Corporate Management Director, but
after February 2007 as the Director of Corporate Information and Control Unit.
A. Loite was a Board Member and the Manager of Finance and Administration
Department at SIA Microlink Latvia from October 2000 to March 2006. Within the
period from March 2004 to October 2005 she simultaneously performed the duties
of the CFO for Microlink Group. A. Loite has higher education in mathematics
(University of Latvia, 1983-1988) and she is presently studying at Riga
International School of Economics and Business Administration within Salford
MBA program. 


For additional information:
Normunds Bergs
SAF Tehnika Chairman of the Board
Phone: + 371 67046840
Fax: +371 67046809
E-mail: normunds.bergs@saftehnika.com