WindSim AS Appoints John Olaf Romma Chief Executive Officer


TONSBERG, NORWAY--(Marketwire - Sep 26, 2012) - WindSim AS, a global leader in wind flow modeling, today announced that John Olaf Romma has been appointed as new Chief Executive Officer effective January 1, 2013. The appointment of Mr. Romma, a leading technical software executive, signals a renewed focus on product innovation to drive user experience and revenue for one of the world's known wind flow modeling brands.

Romma said, "I am excited to join WindSim AS at such an opportune time in its history. The company has an impressive depth of talent and capabilities, a very strong client base, and a wide-open market. My goals will be to build on these strengths, drive revenue growth in our existing markets, and build commercial success in a range of new service areas and markets."

Mr. Romma brings over 10 years of executive leadership experience from the high-growth technology industry. He previously served as Executive Vice President in SPT Group. SPT Group is a leader in dynamic modeling of multiphase flow and reservoir optimization through renowned software products and a global team of professionals. SPT Group was acquired by Schlumberger in 2012.

"We're excited to have someone of John Olaf's caliber and experience to propel WindSim AS through its next stage of growth," said Dr. Arne Gravdahl, the current CEO and founder. "John Olaf has a proven track record in taking similar technical software products through aggressive expansion, and has demonstrated his ability to identify the core strengths and assets of a company, and execute a long-term strategic plan to seize new opportunities."

WindSim AS, which helps wind energy industry leaders in designing more profitable wind farms, has already experienced rapid growth over its more than ten-year history. In that time period it has expanded into an industry leader with a global footprint. The company regularly appears on national and regional lists of fastest growing companies.

Mr. Romma joined WindSim AS in 2010 as Chief Operational Officer, and will formerly take the position as CEO from January 1, 2013. The current CEO and founder, Dr. Arne Gravdahl, will take the position as Chief Technical Officer.

"WindSim AS earns its reputation of delivering high quality flow modeling software based on Computational Fluid Dynamics, CFD. As the wind energy industry has matured the demand for our solutions have been growing. We benefit from this situation today and broadly extend our product and service offering," said Dr. Gravdahl.

Mr. Romma earned a M.Sc. from NTNU in Trondheim Norway in 1993.

About WindSim AS
WindSim develops and delivers advanced software solutions and consulting services that help worldwide wind energy industry leaders design more profitable wind farms. WindSim, the company's flagship product, is a world-class software solution based on CFD that combines advanced numeric processing with compelling 3D visualization in a user-friendly interface.

Founded in 1993, WindSim is privately-held and venture-backed with offices and partners in Brazil, China, Costa Rica, Greece, India, Italy, Korea, Norway, Serbia, Spain, Turkey and USA.

For more information, visit www.windsim.com

WindSim and the WindSim logo are trademarks of WindSim.

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