- New Managing Director at Applicon ehf.

The Board of Applicon ehf. has hired Ingimar G. Bjarnason as the Managing
Director of Applicon ehf. in Iceland, this will be from immediate effect.
Ingimar worked at Nyherji's Sofware Department from February 1998 and continued
at Applicon ehf. until August 2006, when he became the Managing Director of
Applicon Solutions Ltd. in UK. Ingimar holds a C.Sc degree in Industrial
Engineering from the University of Iceland since 1998 and a MBA degree from
IESE Business School in Barcelona since 2003. 


Kristjan Johannsson who has been the Managing Director for Applicon ehf. since
it was established in 2006 and earlier Director of the Software Department of
Nyherji hf. will now leave the company.  The Board of Applicon would like to
sincerely thank Kristjan for his contribution to building up the company and
wish him all the best in the future.