AVTECH announces a change to its management Team

AVTECH Sweden AB (publ) (”AVTECH” eller ”Bolaget”) today announces that Niklaes Persson assumes the position of Business Unit manager of AVTECH’s Business Unit Research and Development. Niklaes holds a Master of Science from the Royal Institute of Technology (KTH), Stockholm and is currently active as a pilot on A321 and A330 for a large commercial airline.

Niklaes Persson has since 2010 been active in AVTECH on operative Air Traffic Management concept and development strategies, as well as through participation in focused research and development projects. Niklaes will in his new position as Head of AVTECH’s Business Unit Research and Development focus on AVTECH’s product developments, including strengthening and expanding Aventus NowCast.

”We are very happy that we have been able to secure Niklaes as our new Head of Research and Development”, says Christer Staaf, the CEO of AVTECH. “Niklaes possesses a number of qualifications and experiences that are of great importance to AVTECH and its focus on a few products and future platforms. Niklaes’ combination of having flight operative experience together with his scientific proficiency is unique, and we look forward to a fruitful collaboration. I also want to take the opportunity to thank our former head of research and development, Anders Palm, for the work that he has done over many years to build the technical foundation for where we are today”, finishes Christer Staaf.

For more information, please contact

Christer Staaf, CEO, +46 (0) 8 544 104 80

About AVTECH Sweden AB (publ)

AVTECH develops products and services for digital Air Traffic Management (ATM). Its customers include the global aviation industry; e.g. airlines, airports, aviation authorities, technology companies and airline manufacturers. By using AVTECH’s products and services, each individual flight as well as the entire airline operation can be optimized in terms of cost, noise and emission, efficiency, punctuality and safety. The head office is in Stockholm, Sweden with subsidiaries in Toulouse, France and Dubai, U.A.E. AVTECH Sweden AB is listed on NASDAQ OMX First North and has appointed Mangold Fondkommission AB as Certified Adviser.

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