Stockholm, Sweden - 14 October 2011
At the extraordinary general meeting on 7 April 2011, it was decided that
Transmode at the annual general meeting 2012 shall have a nomination committee
consisting of four members, one to be appointed by each of the three
shareholders controlling the greatest number of votes and the chairman of the
Board of Directors. Transmode's nomination committee for the 2012 Annual General
Meeting consists of Tom Nyman (POD Venture Partners AB), Olle Nordström (Amadeus
Capital Partners Ltd.), Mats Andersson (Nordeas fonder) and Kent Sander
(chairman of the Board of Directors at Transmode Holding AB).
The nomination committee's task is to present proposals to the Annual General
Meeting for Chairman of the Annual General Meeting, Chairman of the Board of
Directors, members of the Board of Directors and auditors, as well as fees and
other remuneration to each member of the board and any remuneration for
committee work and audit fees. Furthermore, the nomination committee shall make
a proposal for nomination procedure for the nomination committee for the annual
general meeting 2013.
Shareholders wishing to make proposals to the nomination committee can do so by
e-mail to NominationCommittee@transmode.com . At the first meeting of the
Nomination Committee the Chairman of the Nomination Committee will be appointed
and contact details will be posted on Transmode's website.
The information in this announcement is required to be disclosed by Transmode
Holding AB under the Swedish Securities Markets Act (Sw. lagen om
värdepappersmarknaden). This information was released for publication at 09:00
AM CEST on 14 October 2011.
For more information please contact:
Ola Elmeland
Vice President Marketing & Communications
Transmode Systems AB
Telephone: +46 8 506 882 71
Email:ola.elmeland@transmode.com
About Transmode
Transmode is a global provider of packet-optical networking solutions that
enable fixed line and mobile network operators to cost effectively address the
capacity needs created by the rapid growth in video and data traffic. These
solutions are important building blocks in next-generation high-speed optical
networks that support services such as broadband backhaul, mobile data backhaul,
video delivery services and cloud computing. Transmode's solutions are based
onWavelength Division Multiplexing (WDM) and packet optical transport
technologies, which are designed to increase the capacity, flexibility and
functionality of optical metro core and metro access networks. Transmode's
Intelligent WDM (iWDM(TM)) approach gives key advantages to customers, such as
ultra-low latency, low power consumption and innovative network design.
Transmode is headquartered in Stockholm, Sweden and is listed on the NASDAQ OMX
Stockholm Exchange (TRMO). Since 2000 the company has installed more than
20,000 systems for over 300 fixed and mobile network operators, service
providers, large enterprises and public institutions in over 40 countries across
the globe.
For additional information about Transmode, please visit www.transmode.com.
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