Biora convenes Extraordinary Shareholders' meeting.Business Editors MALMO, Sweden--(BUSINESS WIRE)--Dec. 14, 2001 The Board of Directors of Biora (Nasdaq BIORY, SSE (1) An earlier full-screen editor in OS/2. (2) (Streaming SIMD Extensions) A series of additional instructions built into Pentium CPU chips for improved multimedia performance by performing mathematical operations on multiple sets of data at the : BIOR)resolved to convene an Extraordinary Shareholders' Meeting shareholders' meeting n. a meeting, usually annual, of all shareholders of a corporation (although in large corporations only a small percentage attend) to elect the Board of Directors and hear reports on the company's business situation. on Tuesday, January 22, 2002 at 10:00 am at Medeon Science Park, Malmo, Sweden to elect additional members to the Board of Directors. The notice is attached hereto here·to adv. To this document, matter, or proposition. hereto Adverb Formal or law to this place, matter, or document Adv. 1. . In addition, Tomas Hammargren has informed the Board that he will resign as a Director effective the end of the year due to other responsibilities. Shareholders representing approximately 27% of the Biora ordinary shares propose both to replace Tomas Hammargren and to expand the Board's size and diversity by electing three new members to the Board. Pursuant to the proposal, Nils Bohlin Nils Ivar Bohlin (July 17, 1920 – September 26, 2002) was a Swedish inventor who invented the three-point safety belt while working at Volvo. Born in Härnösand, Sweden, he received a Bachelor of Science in mechanical engineering from Härnösand Läroverk in 1939. , Jan Kvarnstrom and Lars Spongberg are nominated for election as ordinary members of the Board for a term until the next ordinary shareholders' meeting in April. Nils Bohlin , 49 years old, is Executive Vice President of Arthur D. Little Arthur D. Little, Inc. is the world's first management consulting firm. Founded in 1886 by Arthur Dehon Little, an MIT chemist who discovered acetate, and co-worker Roger Griffin, in Cambridge, Massachusetts, Arthur D. Little pioneered the concept of contracted technology research. (ADL) where he works on a global basis within the Health Care sector focusing on strategies and organization. Nils Bohlin leads ADL's global biotechnology initiative, which consists of a network of consultants in the area of Life Science. Jan Kvarnstrom, 53 years old, is chairman of Castellum AB. He is also a member of the Boards of Swedecarrier AB, Nobel Biocare AB and Geveke B.V., among others. Jan Kvarnstrom has previously been 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. of Securum and Esselte. Lars Spongberg, 55 years old, is a special partner at Nordic Capital, a venture capital company. Lars Spongberg has extensive experience in Swedish industry including senior positions in the Electrolux Group, Svenska Handelsbanken, the Autoliv Group, Spectra Physics and Allgon. Biora develops manufactures and sells biology based products for the treatment of dental diseases. The principal product, Emdogain, which is approved for sale in Europe, North America and Japan, naturally regenerates the supporting structure that the tooth has lost due to periodontal disease Periodontal Disease Definition Periodontal diseases are a group of diseases that affect the tissues that support and anchor the teeth. Left untreated, periodontal disease results in the destruction of the gums, alveolar bone (the part of the jaws where . Biora's American Depository Shares are listed on the NASDAQ National Market in the US and Biora's ordinary shares are listed on the "O-list" of the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. in Sweden. This press release may contain certain forward- looking statements that relate to future events or future business and financial performance. Such statements can only be predictions and the actual events or results may differ from those discussed. The Company cautions that these statements are subject to important factors that could cause actual results to differ materially from those expressed or implied in such forward looking statements and are more fully discussed in periodic reports filed with Securities and Exchange Commission. |
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