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2017-02-01

Clavister: Johan Öhman appointed as new CEO at Clavister in preparation for listing change and growth

Clavister has had significant success with a number of major clients
and partners, such as Nokia, Canon and Intel in recent years. The
company now wants to increase the focus to realize and maximize this
potential. New CEO appointed Johan Öhman, which provides the company
with valuable experience. Jim Carlsson, Clavister's current CEO,
takes on his own initiative, the role of Senior VP of Strategic
sales.

Clavister (NASDAQ: CLAV) today announced that the Board has recruited
Johan Öhman as the new CEO. Johan will take over on March 6th, 2017.
Johan will continue and grow the company towards continued growth and
profitability, as well as prepare for future listing change.

Johan has extensive experience in developing companies to high growth
and profitability, including as CEO of NetEnt. Johan has experience
of running a business in a regulated market. Jim Carlsson,
Clavister's current CEO will work to develop Clavister opportunities
with existing key customers and partners and build on the personal
relationships he has built, both internationally and nationally. Jim
will retain his significant shareholding and warrants in Clavister
and will initially work alongside the new CEO.The Board welcomes
this.

"It is a very exciting task and I am proud to have been entrusted by
the Board to lead Clavister into the next stage. The demand for IT
security solutions is growing steadily, including the digitization
and the increasing data traffic. I see many similarities between
Clavister and the journey I had on NetEnt. Clavister has a strong
product offering, both within the Enterprise market and for the
Telecom segment where the company is uniquely positioned. I am
convinced that the efforts made will bear fruit in the years to come,
"says Johan Öhman.

"Clavister's operations have long lead times, but the company has now
managed to position itself in the security field like few others. It
is also a great pleasure to work with Johan and share his experiences
as an experienced CEO of a listed company. For my own sake I look
forward to adding more time on sales and strategic alliances with the
opportunities we have - we are just at the beginning of a very
exciting journey, "says Jim Carlsson.

Johan Öhman was CEO of NetEnt (NASDAQ: NET-B) 2006-2011. Under his
leadership, the company became the market leader in its industry
segmant and grew consistently faster than the market and with high
profitability. The company was listed on the NASDAQ OMX Stockholm in
January 2009. Johann has also extensive experience from the telecom
software company where he worked with business development,
international sales and strategy execution.

Johan Öhman has a master's degree in economics from Lunds University
and an MBA from the University of Reading / Henley MC.

//Ends

For more information about this press announcement contact:

Jim Carlsson, CEO
+46(0)8-545 298 00
jim.carlsson@clavister.com

Bjorn Norrbom, CoB
+46(0)8-545 298 00
bjorn.norrbom@clavister.com

For more IR information, please contact:
Peter Dahlander, IR contact person
46(0)8-545 298 00
ir@clavister.com (nikolas.georgii@clavister.com)

About Clavister

Clavister is a leading security provider for fixed, mobile and virtual
network environments. Its award-winning solutions give enterprises,
local and federal governments, cloud service providers and telecoms
operators the highest levels of protection against current and new
threats, and unmatched reliability. The company was founded in
Sweden in 1997, with its solutions available globally through its
network of channel partners. Clavister is a member of Intel's
Network Builders program (networkbuilders.intel.com), a
cross-industry initiative that enables telcos to build and manage
business-critical infrastructures, with lower capital and operating
costs. For more information about Clavister, visit www.clavister.com

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http://news.cision.com/clavister/r/johan-ohman-appointed-as-new-ceo-at-c...
http://mb.cision.com/Main/9441/2177986/622008.pdf

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