Stockholm - The following decisions were made at the Annual General
Meeting (the "AGM") in Net Insight AB on 10 April 2008. The board of
directors' complete proposals has previously been published and is
available at the company's homepage, www.netinsight.net.
Determination of the annual report, allocation of result and
discharge from liability
The AGM decided to determine the income statement and balance sheet,
consolidated income statement and balance sheet for 2007. Furthermore
it was decided that that the profit of the year, SEK 42,552,341,
should be brought forward. The AGM decided to discharge the Board
Members and CEO from liability.
Number of board members, election of board members and fees to the
board members and auditors
The AGM decided the number of board members, appointed by the
shareholders' meeting, to be six members without deputies. Lars Berg
was re-elected as chairman of the board, board members Clifford H.
Friedman, Bernt Magnusson and Ragnar Bäck were re-elected. Gunilla
Fransson and Arne Wessberg were elected. Birgitta Stymne Göransson
and Marco Limena had declined re-election.
Gunilla Fransson is the managing director of Saab Communication. Arne
Wessberg is the president of Prix Europa and International Institute
of Communications, the chairman of the board of directors of
DigiTVPlus Oy and board member of Arcada and the Asko Foundation.
The AGM decided that the remuneration to the board should amount to
SEK 1,100,000 to be allocated with SEK 350,000 to the chairman of the
board of directors and SEK 150,000 to each other member of the board
of directors. Remuneration to the auditors, Öhrlings
PricewaterhouseCoopers, will be on current account.
Guidelines for remuneration and other terms of employment for the
group management
The AGM resolved to approve the board of directors' proposal
regarding guidelines for remuneration and other terms of employment
for the group management.
For more information, please contact:
Lars Berg, chairman of the board, Net Insight AB
Phone: +46 8 685 04 69, e-mail lars.berg@netinsight.net
Fredrik Trägårdh, CEO, Net Insight AB.
Phone: +46 8 685 04 00, e-mail: fredrik.tragardh@netinsight.net
About Net Insight
Net Insight delivers the world's most efficient and scaleable optical
transport solution for Broadcast and Media, Digital Terrestrial TV,
Mobile TV and IPTV/CATV networks.
Net Insight products truly deliver 100 percent Quality of Service
with three times improvement in utilization of bandwidth for
a converged transport infrastructure. Net Insight's Nimbra(TM)
platform is the industry solution for video, voice and data, reducing
operational costs by 50 percent and enhancing competitiveness in
delivery of existing and new media services.
World class customers run mission critical video services over Net
Insight products for more than 100 million people in more than 25
countries. Net Insight is quoted on the Stockholm Stock Exchange. For
more information, visit www.netinsight.net
