GWS Production AB (ticker: GWS) today announced that the board of directors has appointed Magnus Hultman chief executive officer as the company expands its ambitions and enters a new growth phase.

Mr. Hultman, born in 1974, has a deep understanding of customer needs and an extensive track record of starting and growing companies. He will start working as CEO from August 1. GWS’s current CEO, Andreas Rodman, who has been CEO since the start and also co-founded the company, will support Mr. Hultman during the transition and plans to remain at GWS to support the company’s bold growth plans.

Mr. Hultman is the co-founder and previous CEO of Strossle International, a media-technology company founded five years ago. Strossle now has 12 million euros in revenue and 70 employees across 10 different markets. He also founded and was CEO of Smartclip Nordics, an online video network. In three years, Mr. Hultman built and sold the company with a revenue of 200 million kronor and 25 employees in four Nordic markets.

“GWS has ambitious growth plans and Magnus is the perfect leader to help the company reach its full potential. Magnus skills and entreprenueral experience in sales and marketing to create fast growing companies is exactly what GWS needs now,” said GWS Chairman Semmy Rülf. “Andreas has done a fantastic job bringing GWS to where we are today and positioning us for future success. He remains a valuable asset for GWS and its plans to accelerate growth.”

“My goal is to support GWS reach its full potential and stepping to the side is the smart move,” said Andreas Rodman. “I helped GWS grow to where it is today, and now as we set our eyes on a larger market it makes sense to bring in a talent as Magnus to help us reach that next level. I look forward to continuing to be an integral part of the GWS team for the foreseeable future.”

“Becoming the CEO of this interesting company is something I am very grateful for. My entire career has been about nurturing great ideas, products and services and make them reach their potential. I look forward to start working with the GWS team,” said Magnus Hultman.

 

For additional information, visit www.globalwarningsystem.com or contact:

GWS Chairman Semmy Rülf: +46 (0) 709 312 730.  Semmy.rulf@gmail.com

 

About GWS Production AB and Safeture

GWS, Global Warning System, was founded in 2009, triggered by the experience with a global SARS epidemic, the 2004 Indian Ocean tsunami and the 2008 Mumbai terror attacks. The company offers a unique security platform: Safeture, which is the new, complete way to take control of employee safety with a state-of-the-art technology. The GWS share is listed on NASDAQ First North Stockholm (ticker: GWS). Erik Penser Bank AB is the Certified Adviser. Ph: +46 8-463 83 00 E-mail: certifiedadviser@penser.se.

 

This press release is information that GWS Production AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 09.00 am CET on 2019-04-26.