24/04/2013

Net Insight AB : Fredrik Tragardh leaves Net Insight for new position

Fredrik Tragardh leaves Net Insight for new position

STOCKHOLM, Sweden - Net Insight, a leading provider of efficient and scalable transport solutions for media, IP and broadcast networks, today announces that Fredrik Tragardh; Chief Executive Officer, leaves Net Insight for new position.


After 11 years, with more than seven as CEO, Fredrik Tragardh leaves the company at the end of the second quarter of 2013 for a leading position with Ekman & Co AB.

"I want to thank Fredrik for his efforts over the years. During his time as CEO, Net Insight has evolved into a company with a global customer base, competitive products and a strong balance sheet. Now that Fredrik wants to take on a new challenge with a highly respected international trading house, I wish him well", says Lars Berg, Chairman of the Board.

Fredrik Tragardh continues in his position until the end of the second quarter 2013.

Net Insight AB discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on April 24, 2013 at 08.45 CET.

For further information, please contact:
Lars Berg, Chairman the Board at Net Insight, +46 8 685 04 69, lars.berg@netinsight.net

                                                                                                                                                                                                                                         
About Net Insight

Net Insight delivers the world's most efficient and scalable transport solution for Broadcast and IP Media, Digital Terrestrial TV and IPTV/CATV networks.

Net Insight products truly deliver 100 percent Quality of Service with three times improvement in utilization of bandwidth for a converged transport infrastructure. Net Insight's Nimbra(TM) platform is the industry solution for video, voice and data, reducing operational costs by 50 percent and enhancing competitiveness in delivery of existing and new media services.

More than 175 world class customers run mission critical video services over Net Insight products in over 60 countries. Net Insight is quoted on the NASDAQ OMX, Stockholm.
For more information, visit www.netinsight.net

CEO leaves Net Insight for a new position