New CEO for CybAero


CybAero´s Board of Directors appoints Rolf Schytt Chief Executive Officer
effective May 16. He will succeed Mikael Hult, who has been CEO since 2004. From
2010-2013 Mikael Hult was Chairman of the Board.
Mikael Hult has been responsible for the development of CybAero and its products
for more than 10 years. In 2015 he entered into a strategic relationship with
Albright Stonebridge Group to assist in identifying new customers and ensuring
the Apid One System is positioned as the world´s leading remotely piloted
helicopter system.

”In view of the big changes that CybAero is undergoing with its increased focus
on production and deliveries to our large customers it is logical that our Chief
Operations Officer Rolf Schytt is now taking full responsibility for product
development, production, marketing and sales. He has the right background and
experience to meet the company´s technical and commercial challenges,” says
Claes Drougge, CybAero’s Chairman of the Board.

”We thank Mikael Hult for his dedication and commitment to CybAero. He has been
a visionary who has led CybAero to a position as one of the leaders in a fast
growing industry,” Drougge said.

Rolf Schytt, 56, joined CybAero 2014 as the company’s COO he is a civil engineer
from the University of Linköping. He has been Head of Production Development at
Saab AB and Head of Product Development at Stiga Industries. After that he has
gained 13 years of experience as CEO for three companies:

Animex AB, Motalaverken AB and Swedish Expander AB.
For more information, please contact:
Rolf Schytt, CEO CybAero AB, phone: +46 (0)13-465 29 00 email:
rolf.schytt@cybaero.se

Web: www.cybaero.se        Videos: www.youtube.com/cybaero
About CybAero
CybAero develops and manufactures Remotely Piloted Aircraft Systems (RPAS) for
safer and more effective aerial operations in various environments, including
those hazardous in nature. The company has made a great international impact
with its APID One helicopter, which can be adapted for both military and
civilian applications such as coastal and border surveillance, search and rescue
missions, and mapping. CybAero’s head office is located in the Mjärdevi Science
Park in Linköping, Sweden. The company has around 50 employees and has been
listed on the Nasdaq First North since 2007. FNCA Sweden AB is the company's
certified adviser.

Attachments

05169871.pdf