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.