CLX Communications appoints new CFO

"I am very glad to welcome Roshan Saldanha to CLX. His experience from a larger, international enterprise will be a valuable addition as we continue to strengthen our business and prepare for future growth", says Oscar Werner, Chief Executive Officer of CLX Communications AB. "I also want to take this opportunity to thank Odd Bolin, our outgoing CFO, for his significant contribution over the past years."

Roshan Saldanha joined Tele2 in 2007 and became CFO of Tele2 Sweden in 2016. Before Tele2, he worked on a range of international financial assignments for Arthur Andersen and the Kinnevik Group. He is a Chartered Accountant with the Institute of Chartered Accountants of India and holds a Masters of Commerce degree from the University of Mumbai.

"I'm very glad to join CLX and contribute to its future progress. I see CLX as one of Sweden's most successful tech companies: in ten years, the business has grown to nearly 4 billion SEK in revenues with EBITDA well above 300 million SEK and close to 500 employees. It is a very impressive achievement and I much look forward to join the management team. The market is developing rapidly and CLX is well positioned with new and innovative products for rich media messaging, voice and personalized video", says Roshan Saldanha.

For further information, please contactThomas HeathChief Strategy Officer and Head of Investor RelationsCLX Communications AB (publ)Mobile: +46-722-45 50 55E-mail: [email protected]^[1]

About CLX Communications

CLX Communications (CLX) is a leading global provider of cloud-based communication tools for enterprises and mobile operators. CLX's mobile communication services enable businesses to quickly, securely and cost-effectively reach their customers through mobile messaging, voice and video. The CLX platform powers business-critical communications throughout the world, and the company has grown profitably since its foundation in 2008. The Group is headquartered in Stockholm, Sweden, and has presence in a further 20 countries.

CLX Communications' shares are traded at NASDAQ Stockholm: XSTO: CLX.

Every care has been taken in the translation of this press release. In the event of discrepancies, however, the Swedish original will supersede the English translation. This information was submitted for publication under the auspices of the above contact on 12 December 2018 at 08:45 CET.

121218_New_CFO_ENG: http://hugin.info/173289/R/2228642/875333.pdf^[2]

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This announcement is distributed by West Corporation on behalf of West Corporation clients.The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.Source: CLX Communications AB (publ) via Globenewswire

Topic: Press release summary http://www.acnnewswire.com From the Asia Corporate News Network

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References

1. ^{^} [email protected] (www.acnnewswire.com)
2. ^{^} http://hugin.info/173289/R/2228642/875333.pdf (hugin.info)