The Board of Directors of Opticom ASA and its subsidiary company Thin Film Electronics ASA announce that Managing Director Stein Onsrud, due to differences in opinion with respect to certain company strategy and the functional roles between Managing Director and The Board of Directors, has resigned from his position in the company with effect from 1st February 2000.Thomas Fussell, Chairman of Opticom and TFE said, "It is with regret that we accepted Stein´s resignation. We wish him all the bestin his future endeavours".
The Directors are pleased to announce that Robert Keith has agreed to act as Managing Director of TFE until a permanent replacement can be appointed. There will be minimal interruption on the activities of TFE.