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2013-03-27 15:00:00 CET 2013-03-27 15:00:41 CET REGULATED INFORMATION Össur hf. - Changes board/management/auditorsOssur Hf : New Corporate Finance leadershipAnnouncement from Össur hf. No:11/2013 Reykjavik, 27 March 2013 New Corporate Finance leadership Hjörleifur Pálsson, CFO, has decided to leave Össur after leading the Corporate Finance division for 12 years. Sveinn Sölvason has been appointed CFO and will become a member of the Össur Executive Management. These management changes will become effective as of 30(th) of April. Sveinn joined Össur in 2009 as director of Treasury, Corporate Development and Investor Relations. Sveinn holds a Master's Degree in Finance and Accounting (Cand.Merc.FIR) from Copenhagen Business School. Prior to joining Össur Sveinn worked in business development at Marel and has an extensive experience in the banking and finance industry with companies including; Kaupthing, Goldman Sachs and HSH-Nordbank. Jón Sigurðsson, President & CEO, comments:"Sveinn brings with him extensive expertise in the field and has been a valuable member of the management team in Össur for four years. I'm excited to work with him in his expanded role and having him on the executive Management. For more than 12 years Hjörleifur has been an instrumental force in growing Össur and building the company for the future. Hjörleifur's leadership has made great contributions to the business and helped shape our company culture. On behalf of all Össur employees I thank him for his years with Össur." Össur press releases by e-mail If you wish to receive Össur press releases by e-mail please register at the following web-site: http://www.ossur.com/investormailings. About Össur Össur (NASDAQ OMX: OSSR) is a global leader in non-invasive orthopaedics that help people live a life without limitations. Its business is focused on improving people's mobility through the delivery of innovative technologies within the fields of braces, supports, prosthetic limbs and compression therapy. A recognized "Technology Pioneer", Össur invests significantly in research and product development; its award-winning designs ensuring a consistently strong position in the market. Successful patient and clinical outcomes are further empowered via Össur's educational programs and business solutions. Headquartered in Iceland, Össur has major operations in the Americas, Europe and Asia, with additional distributors worldwide. www.ossur.com Forward-Looking Statements This press release includes "forward-looking statements" which involve risks and uncertainties that could cause actual results to differ materially from results expressed or implied by these statements. Össur hf. undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement. [HUG#1688601] |
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