Swedish growth company Scalado appoints new CEO

On June 1st 2010 Håkan Persson will join Scalado as new CEO replacing Kim Wiencken who will continue his work at Scalado at the Board.  Håkan will continue Scalado's international expansion into existing and new markets. Scalado is already a world leader in image management for any devices where its unique imaging technologies are embedded in over 500 million mobile phones and almost as many sensors and ISPs. During the past year Scalado expanded in both the US and Asia, including a strategic partnership with Qualcomm Incorporated, the world's largest manufacturer of mobile phones and networking equipment.

"I am very impressed with Scalado's growth rates and financial performance as well as its market position in a highly global competitive market. I believe that Scalado's potential is virtually unlimited and our continued success will be the result of the creativity, dedication and hard work of all involved. Scalado will be very exciting company to work for, a place where superior competencies, team spirit, fun, success and reward will go hand-in-hand" says Håkan Persson, new CEO of Scalado.

Håkan Persson has more than 25 years of international sales and management experience within the IT industry. He started his career with IBM back in 1985 and returned to IBM in 2008 as a result of the acquisition of Telelogic AB. Currently Håkan works as director at IBM responsible for IBM Software Group in Sweden. Håkan has a profound business experience from listed as well as unlisted companies and is highly familiar with setting and executing international growth strategies. He is further a distinct team player who strives to make every team member grow and is also very skilled in bridging the gaps between employees in different countries.

Per Aspemar, Chairman of the Board continues: "We are very pleased in welcoming Håkan on board as our new CEO. Scalado is one of the fastest growing IT companies in Europe and we have been keen to find a seasoned CEO who will be able to lead the company to its next level".

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