Transmode recruits Johan Wilsby as new CFO

Stockholm, Sweden - 7^th February 2013 - Transmode, a global supplier of packet optical networking solutions, today announced that it has recruited Johan Wilsby to be its new CFO. Johan will be part of the management team and report to CEO Karl Thedéen after he takes up the position in the second quarter of 2013.

Johan Wilsby joins Transmode from Hewlett-Packard where he was most recently Director Finance & Administration of the operations for Nordic and Baltics. He has a master's degree from the Stockholm School of Economics and has extensive experience from senior positions in finance in the IT sector. Prior to joining Hewlett-Packard in 2007, he worked for Microsoft from 1994, where he was Director Finance & Administration for Western Europe from 2004 to 2007.  

"We are very pleased that Johan has now chosen to join us at Transmode. Transmode has grown rapidly in recent years and the business has become increasingly international. Johan brings a solid knowledge of finance and management in an international high tech business, which is extremely important for the implementation of our long-term strategy focused on continued geographic expansion, innovative products and efficient operations", said Karl Thedéen, CEO of Transmode.

Johan Wilsby succeeds Tomas Kihlstrand who will return to his consultancy practice as announced in a previous press release.

A photo of Johan Wilsby can be downloaded here:
Transmode_ Johan_Wilsby_baraBild.jpg
Photographer: baraBild

For more information please contact:

Ola Elmeland
Vice President Marketing & Communications
Transmode Systems AB
Telephone: [phone]
Email: [e-mail]

About Transmode
Transmode is a global provider of packet-optical networking solutions that enable fixed line and mobile network operators to cost effectively address the capacity needs created by the rapid growth in video and data traffic. These solutions are important building blocks in next-generation high-speed optical networks that support services such as broadband backhaul, mobile data backhaul, video delivery services and cloud computing. Transmode's solutions are based on Wavelength Division Multiplexing (WDM) and packet optical transport technologies, which are designed to increase the capacity, flexibility and functionality of optical metro core and metro access networks. Transmode's Intelligent WDM (iWDM(TM)) approach gives key advantages to customers, such as ultra-low latency, low power consumption and innovative network design.

Transmode is headquartered in Stockholm, Sweden and is listed on the NASDAQ OMX Stockholm Exchange (TRMO). Since 2000 the company has installed more than 30,000 systems for over 400 fixed and mobile network operators, service providers, large enterprises and public institutions in over 40 countries across the globe.

For additional information about Transmode, please visit www.transmode.com

Press release PDF

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Source: Transmode via Thomson Reuters ONE

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