Aspiro appoints new CFO.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--March 7, 2000 Aspiro has today appointed Stefan Lindquist as the group's new chief financial officer. Lindquist, who is a well-known figure in the telecoms sector, comes most recently from the Swedish mobile telecom operator Europolitan where he was head of finance and accounting. Stefan Lindquist, 53, has previously held the position of financial manager at a number of well known companies in southern Sweden, including Gotic, Thorn Jarnkonst and ACB ACB American Council of the Blind ACB Asia Commercial Bank ACB America's Community Bankers ACB Adjusted Cost Base ACB Alliance for the Chesapeake Bay ACB Amphibious Construction Battalion (US Navy) ACB Australian Cricket Board (Alfa Laval Alfa Laval AB is a Swedish company, founded in 1883 by Gustaf de Laval and Oscar Lamm. The company is a leading producer of specialized products and solutions used to heat, cool, separate and transport products such as oil, water, chemicals, beverages, foodstuffs, starch and Cardo Biotechnic). His most recent appointment was as head of finance and accounting at the leading Swedish mobile telecoms operator, Europolitan, where he had been employed since 1995. During Stefan Lindquist's time at Europolitan the company grew from sales totaling SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 0,7 billion and some 350 employees to net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of over SEK 4 billion and approximatelly 850 employees. - We are extremely happy that Stefan Lindquist is joining Aspiro. His solid knowledge and experience of mobile telecoms and controlling finances in a fast-expanding, listed group of companies is a valuable asset to Aspiro. Both myself and the two other co-founders of Aspiro have personal experience of working with Stefan and we look forward to becoming colleagues again, says Aspiro's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Jorgen Adolfsson. - Working for a dynamic company like Aspiro will be both enormous fun and very challenging. I see Aspiro's target-oriented strategies for building up the company internationally as especially interesting. I am convinced that Aspiro is involved in exactly the right field of business, something that will be the next step in the development of mobile telecoms, namely, developing and packaging mobile services, says Stefan Lindquist About Aspiro Aspiro develops wireless applications and services, using WAP (1) (Wireless Access Point) See access point. (2) (Wireless Application Protocol) A standard for providing cellular phones, pagers and other handheld devices with secure access to e-mail and text-based Web pages. , SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. , GPRS (General Packet Radio Service) The first high-speed digital data service provided by cellular carriers that used the GSM technology. GPRS added a packet-switched channel to GSM, which uses dedicated, circuit-switched channels for voice conversations. and other innovative technologies. Aspiro offers operators, content providers and mobile organizations a wide range of solutions, from pre- packaged WAP services to strategy consulting involving value-added services. Founded in 1998 Aspiro is today one of the world leaders of mobile applications and services. The company has over 100 employees and offices in Sweden, Norway, Luxembourg, USA and Hong Kong. Aspiro's business concept, organization and operations are based on many years of experience gained in the wireless telecommunications and IT industries. For further information about Aspiro, please visit www.aspiro.com . Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/03/07/20000307BIT00910/bit0001.DOC http://www.bit.se/bitonline/2000/03/07/20000307BIT00910/bit0002.pdf |
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