The board of directors of Teleca has appointed René Svendsen-Tune as the new president and CEO. He will take up his new post on 1 June 2006.

René, who is 50 years old, a Danish citizen and a graduate electrical engineer specialised in electronics, is currently part of the top management of Nokia Networks, Nokia’s telecom networks division, where he is senior vice president of Customer & Market Operations. He has global responsibility for Nokia Networks’ customer organisation, including marketing, sales and services. He also has budget responsibility for a business unit with a turnover of 6.6 billion euros in 2005 and a global workforce of 7,000.

René’s main long-term task will be to lead the development and expansion of Teleca Mobile.

Dan Olofsson, chairman of Teleca’s board of directors, comments:

“René has experienced a very successful career, not least at Nokia, where as on of few ‘non-Finns’ he is part of the top management of Nokia Networks. He has experience of managing organisations that sell both products and services in a global market. This in combination with personal characteristics such as listening and analytical and executive implementation makes him an ideal choice to lead Teleca forwards. The change of CEO is a result of Teleca’s intention to focus on Teleca Mobile, see separate press information published in connection with this information.”

René Svendsen-Tune comments:

“Teleca is a company with world-leading expertise in several exciting areas, especially in the mobile technology sector. I’m looking forward to getting involved and leading Teleca in a very interesting phase of the company’s development.”

For more information contact:
- Dan Olofsson, Chairman of the Board, Teleca AB, telephone:
- René Svendsen-Tune, mobile:
- Johannes Rudbeck, Investor Relations Manager, Teleca AB, mobile:

Teleca is a world-leading consulting company that develops and integrates advanced software and IT solutions. Teleca helps its customers shorten development times and use the most suitable technology more effectively. The company consists of about 3,800 experts based in 17 countries in Asia, Europe and North America. Teleca is quoted on the Stockholm Stock Exchange’s Attract 40 list. http://www.teleca.com