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The Management Associate in full time role for UFIS Airport Solutions

20 December 2006

Anders Sagadin takes full time role in UFIS

STOCKHOLM, SWEDEN & OSLO, NORWAY, December 20, 2006 - The Management AB, today announced that UFIS Airport Solutions AS (UFIS), the leading provider of Collaborative Airport Management for the global Airport Community, that Anders Sagadin, with its more than 20-years' experience from the Software industry, has been named President and CEO.

"I am very pleased that a person of Anders Sagadin's reputation has agreed to lead UFIS; he will bring great leadership and international experience and his knowledge will be of great value for the company," UFIS's Chairman Arthur J. Olafsen said.

"He knows what it takes to run an international software business and build brands, having spent the last decade in senior positions. He has a passion for the customer that is unsurpassed, and an understanding of how to execute on technology vision that drives revenue growth," said Anders Rudlang, co-founder of The Management.

"I'm excited to be joining UFIS and becoming part of the Company's excellent team," Mr. Sagadin said. "I have observed UFIS for some years and have been impressed by the depth of its software and solutions portfolio for the global Airport Industry and its position in the marketplace."

About UFIS Airport Solutions:
UFIS has been providing integrated solutions for multi-airport operations for the global airport community for more than two decades. UFIS is an industry leader in enabling its customers to carry out Collaborative Airport Management. UFIS's products and solutions are highly scalable and designed to be used in a wide variety of airport projects - from small improvement projects, through major extensions right up to major projects as part of new airport construction.


For more information, please contact:

Anders Sagadin or Anders Rudlang, The Management AB.

anders.sagadin@themanagement.com, Phone +46 8 410 064 70
anders.rudlang@themanagement.com, Phone +47 90 05 80 20

The Management AB, a Venture Management Corporation with its primarily focus in the Software Industry, takes positions through Interim Management roles or via direct investments in turn-around prospects to utilize on its immense experience from decades of successful management and deep understanding of the Industry and deep cross-cultural awareness.

Anders Sagadin takes full time role in UFIS (pdf)

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