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Ericsson: Ericsson appoints Robert Puskaric new Head of Business Unit Modems

* Robert Puskaric appointed Senior Vice President and Head of Business Unit
* Appointment effective as of May 7, 2014
* Modems enters new phase as the first product M7450 is commercially

Ericsson (NASDAQ:ERIC) appoints Robert Puskaric Senior Vice President and Head
of Business Unit Modems. He will remain part of Ericsson's Global Leadership
Team. Puskaric brings extensive experience from modems business where he was
head of Ericsson Mobile Platforms 2006-2009. Robert Puskaric succeeds Mats
Norin, who has headed the integration of the modems business into Ericsson
after the dismantling of the joint venture ST-Ericsson.

Hans Vestberg, President and CEO of Ericsson, said: "Robert brings relevant
experience and strong business acumen as the modems business enters a new and
exciting phase. We now have one of the industry's most advanced LTE thin
modem and are trialing with the first customers. Mats Norin has been
instrumental in successfully bringing the M7450 to market and establishing
the modems business as an integrated part of Ericsson."

Robert Puskaric has been Head of Ericsson's region Northern Europe and Central
Asia and member of Ericsson's Global Leadership Team since 2010.

Robert Puskaric said: "I am excited to take on this role and to return to the
modems business. Modems will be an important part of realizing our vision of
a Networked Society where anything that benefits from being connected will be
connected. I am looking forward to joining the highly skilled team at Modems
and ensure together that we successfully bring our portfolio to market."

Puskaric was born in Helsingborg, Sweden in 1969, and graduated with a
Bachelors of Business Administration degree from the School of Economics and
Management at Lund University, Sweden, in 1996.

Since August 2013, Ericsson has an LTE thin modems business with industry
leading technology and intellectual property. The operation was integrated
into Ericsson after the split-up of the joint venture ST-Ericsson last year.
Modems are part of Ericsson's vision of 50 billion connected devices and the
ambition is to be a top-three supplier in the thin modems market. The first
product, Ericsson M7450, was released for commercial use in the fourth
quarter last year. Work is ongoing with a tier one smartphone manufacturer to
integrate M7450 in their devices. Net sales are expected in the second half
of 2014


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Ericsson is the driving force behind the Networked Society - a world leader in
communications technology and services. Our long-term relationships with
every major telecom operator in the world allow people, business and society
to fulfill their potential and create a more sustainable future.

Our services, software and infrastructure - especially in mobility, broadband
and the cloud

- are enabling the telecom industry and other sectors to do better business,
increase efficiency, improve the user experience and capture new

With more than 110,000 professionals and customers in 180 countries,

we combine global scale with technology and services leadership. We support
networks that connect more than 2.5 billion subscribers. Forty percent of the
world's mobile traffic is carried over Ericsson networks. And our investments
in research and development ensure that our solutions - and our customers -
stay in front.

Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales
in 2013 were SEK 227.4 billion (USD 34.9 billion). Ericsson is listed on
NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.







Ericsson Corporate Communications
Phone: +46 10 719 69 92

Ericsson Investor Relations
Phone: +46 10 719 00 00

Photo 2 of Robert Puskaric
Biography Robert Puskaric
Ericsson appoints Robert Puskaric new Head of Business Unit Modems
Photo of Robert Puskaric


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ericsson via Globenewswire


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