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HERE: HERE appoints Edzard Overbeek as new CEO

HERE / HERE appoints Edzard Overbeek as new CEO. Processed and transmitted by
NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the
content of this announcement.
Berlin, Germany - HERE, the location cloud company, today announced that
Edzard Overbeek has been appointed CEO to lead the company as a newly
independent entity.

Overbeek, 48, joins HERE following its recent successful acquisition by a
consortium of shareholders currently consisting of AUDI AG, BMW Group and
Daimler AG. He will start at HERE on March 1, 2016.

"I am very excited to have been chosen to lead this outstanding company at a
very special point in time," said Edzard Overbeek. "The HERE location cloud
is poised to be at the heart of new kinds of services that will genuinely
change people's lives - everything from autonomous cars and smart cities to
digitizing enterprises."

Speaking on behalf of the consortium of companies invested in HERE, Prof.
Rupert Stadler, Chairman of the Board of Management of AUDI AG, Klaus
Fröhlich, Member of the Board of Management of BMW AG for Development, and
Prof. Dr. Thomas Weber, Member of the Board of Management of Daimler AG,
responsible for Group Research&Mercedes-Benz Cars Development, said: "As a
proven leader and with a strong track record, Edzard Overbeek is in our view
well suited to drive the business and technology agenda for HERE for the
benefit of all of its customers across the many industries it serves. We are
delighted that he is on board."

Overbeek is currently Strategic Advisor at Cisco, a company at which he has
held several senior executive roles since 2000. Most recently he was
responsible for the Global Services organization with over $12 billion in
revenues and 15,000 employees. Before that he served as President of Cisco's
Asia Pacific, Japan and Greater China region, overseeing strategy and
execution across all customer segments and strategic partner engagement.
Prior to Cisco, he held leadership positions in companies including Fujitsu
and Siemens.
Media Enquiries:

HERE Communications

About HERE

HERE, the location cloud company, enables rich, real-time location
applications and experiences for consumers, vehicles, enterprises and cities.
HERE is backed by a consortium of leading automotive companies. To learn more
about us, including our work in the areas of connected and automated driving,

HERE CEO Edzard Overbeek


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: HERE via Globenewswire


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