New CEO appointed and Q3 trading update


New CEO appointed and Q3 trading update

• Hans Gieskes has been appointed President and Chief Executive Officer of
Cision, effective immediately. 

• Cision's underlying EBIT, excluding restructuring charges, is estimated at
approximately SEK 20 million for the third quarter.

New CEO appointed 

Cision's board of Directors has appointed Hans Gieskes as President and Chief
Executive Officer of Cision, effective immediately. 

“Hans Gieskes has a proven track record of managing critical change processes in
an international setting. He brings strong industry experience, combined with
excellent leadership skills”, says Anders Böös, Chairman of the Board of Cision.


Hans Gieskes, 54, is a twenty year Reed-Elsevier veteran and a former CEO of the
LexisNexis Group, which at the time was a $1.3 billion business with more than 8
000 employees. He is a Dutch citizen, who has lived and worked for ten years
both in the US and the UK. 

Hans Gieskes will be based at Cision's offices in Stockholm and Chicago. 

Trading update

Cision's performance in the third quarter has been unsatisfactory mainly due to
continued weak performance in the UK as a result of production disruptions
earlier this year. The US operations have been affected by a weaker US economy
and a slower development for broadcast monitoring. Underlying EBIT for the third
quarter, excluding restructuring charges, is estimated at approximately SEK 20
million. 

The full interim report for Q3 is going to be presented on October 23rd. 


The Board of Director



For further information, please contact:

Anders Böös, Chairman of the Board of Cision
Erik Forsberg, CFO Cision
Phone +46 8 507 410 11


Cision AB (publ) 
SE-114 88 Stockholm, Sweden
Telephone: +46 (0)8 507 410 00
www.cision.com


Cision improves clients' performance through integrated services and software
solutions for reputation and campaign management, media monitoring and research
of media contacts.
Cision AB is quoted on the Nordic Exchange and has approx. 17 000 shareholders.
The company has around 2,600 employees and a turnover of SEK 1.9 billion in
2007. Cision operates in the US, UK, Sweden, Canada, Germany, Norway, Finland,
Denmark, Portugal, Lithuania, the Netherlands and China and has partners in
another 125 countries.

Attachments

10072036.pdf