Bernt Ingman will take up new Position at Electrolux, Jonas Samuelsson has been Appointed CFO at Munters


STOCKHOLM, Sweden, Nov. 7, 2005 (PRIMEZONE) -- Munters Chief Financial Officer (CFO) Bernt Ingman has been appointed CFO at Electrolux Outdoor Products, planned to be listed on the stock-exchange in the middle of next year. Outdoor Products has yearly sales of about 30 SEK billion and employs 12.000 in 40 countries.

Bernt Ingman started with Munters 1997, in connection with the stock market listing, and has been responsible for finance, treasury, IT and also for acquisitions and investor relations.

Jonas Samuelsson has been appointed CFO at Munters. Jonas has experience from a variety of areas within General Motors and Saab Automobile in Sweden and USA. Today Jonas is Executive Director Vehicle Sales, Service & Marketing Finance, General Motors North America, based in Detroit.Jonas Samuelsson will start his new position on December 15, 2005. Bernt Ingman will leave his position at the same date.

"We congratulate Bernt to his new position in a large Group which is in a period of significant opportunities and challenges. We welcome Jonas Samuelsson to Munters. We are impressed with Jonas career in a huge international Group and think his experience from many different situations will be valuable in Munters continuous development. We wish both Bernt and Jonas the best of luck in their new positions and we sincerely thank Bernt for his significant contributions", says Lennart Evrell, CEO of Munters.

Lennart Evrell President and CEO

Munters is the world leader in humidity control with services and products for water and fire damage restoration, dehumidification, humidification and air cooling. Customers are found in a wide range of segments, the most important being insurance-, utilities-, food-, pharma- and electronics- industries. Manufacturing and sales are carried out via the Group's own companies in more than 25 countries in Europe, Americas, and Asia. The Group has 3,064 employees and net sales of SEK 4,543 million. Munters is listed on Stockholmsborsen, the Stockholm Stock Exchange. For more information see www.munters.com

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