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2018-09-24 08:30 CEST
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Efecte Plc: Niilo Fredrikson has started as CEO

EFECTE PLC -- COMPANY ANNOUNCEMENT -- 24 September 2018 at 9.30

Efecte Plc: Niilo Fredrikson has started as CEO

Niilo Fredrikson has today started as the new CEO of Efecte Plc.

As announced earlier, Niilo Fredrikson has at the same time resigned from Efecte Plc's board of directors. The board will continue with the remaining members until the next Annual General Meeting.

Further enquiries:

Niilo Fredrikson
CEO
Efecte Plc
niilo.fredrikson@efecte.com
+358 50 356 7177

Hannu Nyman
CFO
Efecte Plc
hannu.nyman@efecte.com
+358 50 306 9913

Certified Adviser:
Evli Bank Plc, tel +358 40 579 6210

Efecte Plc

Efecte is a Finnish software company that provides cloud-based service and identity management software solutions, as well as related consultancy services. They simplify and improve the efficiency of managing the services, IT systems and infrastructure in an organization. Measured by number of customers, Efecte is one of the leading software vendors in its field to large, medium-sized and public organizations in Finland and the Nordic countries. The Company was founded in 1998. In addition to Finland, it has operations in Sweden, Denmark, and Germany. Efecte employs around 100 professionals and had a turnover of 10.6 million euros in 2017.

www.efecte.com

HUG#2217193