Axis names Ray Mauritsson as new CEO

Axis' Board of Directors has today appointed Ray Mauritsson as new CEO of Axis. He will take office on February 24.

Ray Mauritsson, 40, has been with Axis since 1995. Over the years he has held a number of executive positions within the company and he is currently responsible for Axis' global OEM and technology sales. Ray Mauritsson holds an MSc in Engineering Physics from Lund Institute of Technology, and an Executive MBA from EFL, Lund, Sweden.

The Board of Directors has also appointed Jörgen Lindqvist, CFO, and Anders Laurin, responsible for Axis' global products and solutions sales, as Executive Vice Presidents of the company.

"We have found the ideal management team to increase our efforts in successfully implementing our strategies with a clear focus on the growing Video segment," said Mikael Karlsson, Axis' Chairman of the Board. "Ray has the market-oriented approach that, combined with a deep technological understanding and international experience, is necessary to lead a global company like Axis forward."

"It is very inspiring for me to take over the lead from Peter Ragnarsson," said Ray Mauritsson, new CEO of Axis. "Today Axis is a solid and profitable company. My main goal is to ensure that we continue a positive progress in line with our existing growth strategies."

About Axis
Axis increases the value of network solutions. The company is an innovative market leader in network video and print servers. Axis' products and solutions are focused on applications such as security surveillance, remote monitoring and document management. The products are based on in-house developed chip technology, which is also sold to third parties.
Axis was founded in 1984 and is listed on the Stockholmsborsen (XSSE:AXIS). Axis operates globally with offices in 14 countries and in cooperation with distributors, system integrators and OEM partners in 70 countries. Markets outside Sweden account for more than 95 % of sales. Information about Axis can be found at www.axis.com

For further information, please contact:
Mikael Karlsson, Chairman of the Board, Axis AB
Phone: + 46 46 272 18 34, E-mail: mikael.karlsson@axis.com

Ray Mauritsson, newly appointed CEO, Axis AB
Phone: +46 46 272 18 34, E-mail: ray.mauritsson@axis.com

Anne Rhenman, Director Investor Relations and Corporate Communications, Axis Communications
Phone: + 46 708 90 18 29, E-mail: anne.rhenman@axis.com

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