21st of August 2008
- New Chief Financial Officer to take Opus to OMX
Following the acquisition of former American partner SysTech International
during this spring, Opus Prodox AB (publ) now expands its management team with a
new CFO. The appointment of a new CFO is done partly to meet the tougher
requirements that follows from a listing on OMX Small Cap, but also to
strengthen the organisation ahead of the expected growth that the Group faces
during the coming years.
Opus is an industrial high-tech manufacturer of equipment for environmental- and
safety testing of vehicles with operations in more than 50 countries all over
the world. The Group consists of ten companies with approx. 150 employees in
total and now Tomas Jonson, with several years of experience in the financial
markets, is recruited as CFO. Tomas Jonson joins Opus September 1st and comes
directly from Nordea Corporate Finance. Prior to that Tomas worked at The Royal
Bank of Scotland (RBS). Amongst Tomas first assignments will be to take Opus
from First North to OMX Small Cap during this fall.
- During this spring I have worked closely with Opus and gotten to know the
company well, says Tomas Jonson. Opus is a very interesting company with secure
revenues, high profit margins and strong growth potential in a promising
industry. Therefore it is with great pleasure and excitement I now join the
Group and take part of the coming year's expansion, Tomas ends.
Tomas Jonson has worked with corporate finance in Stockholm for approx. four
years. Tomas has a Bachelor's degree in Business from The London School of
Economics and Political Science (LSE). His main tasks at Opus will be to lead
the Group's finance function and work with the company's new business
opportunities and future potential acquisitions. In addition, Tomas will
together with Opus CEO be responsible for the company's investor relations
activities and financial reporting as well as meeting with research analysts.
- It is with great pleasure I now welcome Tomas onboard Opus management team. In
the coming process of taking Opus to OMX we will have great support from our
financial adviser, Nordea Corporate Finance, but of course having Tomas onboard
as CFO will be an additional asset to us. Following the acquisition of SysTech
we have a totally different position globally and it is therefore completely
rational that we now strengthen the company's management team. Tomas will be a
highly valuable complement to the existing management team and I look forward to
being colleagues, says Magnus Greko, CEO and President of Opus.
This press info is also available in Swedish at www.opus.se
For additional information, please contact:
Magnus Greko, CEO and President
Opus Prodox AB
Phone: +46 (0) 31 748 34 91, +46 (0) 705-58 45 91
E-mail: magnus@opus.se
WEB: www.opus.se
Opus Certified Adviser is:
Thenberg & Kinde Fondkommission AB
Box 2108
403 13 Göteborg
Phone: +46 317455000
Opus in Brief:
The business idea of Opus Group is to develop, produce and sell products within
Automotive Test Equipment, Vehicle Inspection Systems and Fleet Management for
the global market. The products include emission analyzers, diagnostic
equipment, brake testers, wheel alignment, automatic test lines, vehicle
databases, operation of vehicle inspection, fleet management systems, electronic
driver log systems and alco-locks. The Group sells its products in more than 50
countries all over the world and currently employs around 150 persons. The
turnover for 2007 was 193 MSEK pro forma (including acquisitions). Opus share is
listed on First North (Stockholm Stock Exchange) under the ticker OPUS.
