Mattias Klintemar New CFO

Mattias Klintemar New CFO

Mattias Klintemar has been appointed new CFO with effect from January 15, 2010.
In the interim Carl G. Sköld will be Acting CFO.

Mattias Klintemar has been CFO and Vice President of Hexaformer AB, a provider
of transformer technology, since 2006. His previous experience includes working
as CFO/COO at ABG Securities and as a Project Leader, Corporate Finance at ABG
Sundal Collier, Deputy CFO at HSBC/Midland Bank, and as a consultant and auditor
at Arthur Andersen.

Mattias Klintemar, born 1967, holds an M.Sc. in Economics and Business from
Karlstad University specializing in accounting and finance. 

“In Mattias Klintemar we have found a competent head for our finance function.
Mattias has extensive experience of financial control and will be a valuable
addition in our efforts to focus our operations on our core business,” Martin
Valfridsson, CEO of Morphic Technologies AB, says.
Prior to Klintemar's appointment Carl G. Sköld will be Acting CFO. Sköld has
many years' experience from finance functions in a large number of companies.
Since 2002 he has been working as a consultant in his own company, CGS
Management AB, and has in this context also worked as a contracted CFO for
several other companies, including Enea, Seelig & Co, BTJ Group, Teleca and
Resco.

For further information, please contact:
Johannes Falk, +46 (0)706 76 7393

This is Morphic
Morphic Technologies is an engineering group operating in the field of
environmental technology. The Group's core business is its fuel cells operation,
which comprises production of complete fuel cells as well as key components and
technologies for hydrogen production. Morphic Technologies' B shares are listed
on the OMX Nordic Exchange.