New organization strengthens execution capability

New organization strengthens execution capability

As of January 1 2009, Cision will adopt the following organizational changes:

• Cision's European subsidiaries to form one division, Cision Europe
Cision's European subsidiaries will be combined into one division, Cision
Europe. Peter Granat, currently Executive Vice President for Cision North
America, has been appointed to the new role as CEO for Cision Europe, based in
London, UK. The current Managing Directors for Germany, Portugal, the United
Kingdom, the Nordics as well as the Managing Director for Strategic Sales will
report directly to Peter Granat. Several shared service departments currently
part of Cision's head office functions will also be integrated into the Cision
Europe organization. 

• New group management team
As a consequence, Cision's head office functions will be reduced and the new
group management team will comprise only the group's CEO, CFO, and the division
CEOs for Cision North America and Cision Europe. The new group management team
will be supported by the group CIO and the Senior Vice President Human 
Resources. The current Senior Vice Presidents for Corporate Communications and
Strategic Projects will leave Cision.

“The formation of Cision Europe and the creation of a smaller head office
organization will ensure improved cost efficiencies and more rapid execution of
Cision's change agenda. I am also very pleased to have Peter Granat lead Cision
Europe. Peter has been instrumental in growing our North American business to an
industry leader with very solid operating margins. His experiences from
successfully launching our new service platform CisionPoint in the US will also
be very valuable for our European business” says Hans Gieskes, CEO of the Cision
Group.  

For further information, please contact:

Hans Gieskes, President and CEO
Phone +46 8 507 410 11


Cision AB (publ) 
SE-114 88 Stockholm, Sweden
Phone: +46 (0)8 507 410 00
www.cision.com

Cision empowers businesses to make better decisions and improve performance
through its CisionPoint desktop software solutions for corporate communication
and PR professionals. Powered by local experts with global reach, Cision
delivers relevant media information, targeted distribution, media monitoring,
and precise media analysis. Cision has more than 2,600 employees in Europe,
North America and Asia, and has partners in 125 countries. Cision AB is quoted
on the Nordic Exchange with a turnover of SEK 1.9 billion in 2007.