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2016-05-04

TagMaster AB: TagMaster strengthens its organization further with hiring of a group CFO

Press release, Stockholm, Sweden, May 4, 2016

TagMaster, the leading producer of advanced RFID products & ANPR
cameras for long range vehicle identification in Traffic Solutions
and Rail Solutions, strengthens its organization by appointing
Margaretha Narström as group CFO.

"TagMaster is in a rapid expansion phase and have a growth strategy
containing further acquisitions to build a relevant position as
technology provider towards Smart Cities solutions. Last year we
acquired CitySync Ltd in UK and last week we announced our intent to
acquire Balogh in France. We are very glad that Margaretha will join
us and feel confident she will add extensive experience that will
help us execute our strategy" says Jonas Svensson, CEO, TagMaster

Margaretha Narström has a broad financial experience working with
controlling, qualified accounting, consolidation, audit, tax and with
financial project management. She started her carrier at the Swedish
tax authorities then spending 10 years as auditor at Deloitte where
she became chartered accountant 2007. Most recently she worked as
business unit controller and manager at the financial center at JM AB
a large, public traded, Swedish housebuilder where she worked during
7 years.

For further information, please contact

Jonas Svensson, CEO, +46 8-6321950, jonas.svensson@tagmaster.com

About TagMaster

TagMaster is an application driven technology company that designs and
markets advanced identificationsystems and solutions based on radio &
vision technology (RFID & ANPR) for demanding environments. Business
areas include Traffic Solutions and Rail Solutions providing
innovative mobility solutions, sold under the brands TagMaster &
CitySync, in order to increase efficiency, security, convenience and
to decrease environmental impact within Smart Cities. TagMaster has
dedicated agencies in the US and in China and exports mainly to
Europe, Middle East, Asia and North America via a global network of
partners, systems integrators and distributors. TagMaster was founded
in 1994 and has its headquarters in Stockholm. TagMaster is a public
company and its shares are traded on First North stock exchange in
Stockholm, Sweden.For more information about TagMaster, please visit
www.tagmaster.com

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http://news.cision.com/tagmaster-ab/r/tagmaster-strengthens-its-organiza...
http://mb.cision.com/Main/1590/2001961/510786.pdf

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