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OPCON: Opcon: Claes Palm appointed new CFO and deputy CEO of Opcon AB

Claes Palm has been appointed as the new CFO and deputy CEO of Opcon
AB. Claes Palm replaces Göran Falkenström, who is leaving Opcon and
entering retirement. Opcon has decided to wind up all remaining
administration and operations in Åmal where Goran Falkenström has
been stationed.

The ending of activities in Åmal means that a total of three
administrative staff will leave their posts during the year. In
addition, the office and other external services in administration
have been given notice. The measures are part of a savings program
announced in February that will generate annual savings of around SEK
30 million.

Claes Palm, 51, most recently served as head of finance for Opcon's
Swedish subsidiaries. An economist, he studied at the University of
San Diego, USA, and has a strong background in finance consolidated
with international experience. He has previously worked for Ericsson,
PK Banken (now Nordea), Frango and Deloitte Consulting. Before
joining Opcon, Claes Palm spent seven years as Accounting Manager /
Controller at Haldex.

For further information, please contact

Niklas Johansson, vice president, Investor Relations, Opcon AB, tel.
46 8-466 45 00, 46-70-592 54 53

Opcon AB, Box 15085, 104 65 Stockholm, Sweden
Tel. 46 8-466 45 00, fax 46 8-716 76 61

The Opcon Group

Opcon is an energy and environmental technology Group that develops,
produces and markets systems and products for eco-friendly, efficient
and resource-effective use of energy.

Opcon has activities in Sweden, Germany and the UK. There are around
150 employees. The company's shares are listed on Nasdaq OMX
Stockholm. The Group comprises one business area:

Renewable Energy focuses on the following areas: compressor
technology, electricity generation based on waste heat,
bioenergy-powered heating and CHP plants, pellets plants, handling
systems for biomass, sludge and natural gas, industrial cooling, flue
gas condensation, treatment of flue gases and air systems for fuel


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