2007-12-04

2007-12-04

Ortivus AB strenghtens board and management

The Board of Directors of Ortivus AB has appointed board member Jon Risfelt as
Deputy Chairman of the Board. The board has further decided to call in Peter
Edwall as observer. At the coming annual general shareholders meeting, the
election committee intends to propose Jon Risfelt as Chairman of the Board, and
Peter Edwall as a Board Member of Ortivus AB

Peter Edwall will, through his extensive experience from the financial and
capital markets, bring considerable competence to the ongoing restructuring and
focusing of the Company. Peter Edwall is also a major shareholder in Ortivus AB.

After having completed cost reductions, current CEO Walter K. Young, will now
return to his ordinary assignment as CEO for Ortivus successful operations in
North America. The board has per today appointed Bengt Arne Sjöqvist as acting
CEO for Ortivus AB, and has initiated the recruiting of a new CEO for the
Company. Mr Sjöqvist has been engaged in the Company since its initiation, and
has long commercial and technical experience from the various business areas of
Ortivus. 

The purpose of these changes is to strengthen board and management in relation
to the ongoing comprehensive restructuring and strategy changes. Chairman Akbar
Seddigh and Jon Risfelt will together with the other board members work closely
with the CEO and other management of the Ortivus entities. 


For further information:
Akbar Seddigh, Chairman, Ortivus AB, phone: 08-446 45 00

Ortivus AB is a Healthcare IT company that offers information and
decision-making support systems for Healthcare, Emergency Services and Public
Safety in Europe and North America. Ortivus AB is listed on the OMX Nordic
Exchange Small Cap list and was established in 1985. Ortivus has approximately
160 employees and subsidiaries in Denmark, Germany, Great Britain, Canada, and
the US.