AVTECH announces management changes

AVTECH Sweden AB (publ) ("AVTECH" or "the Company") today announces the following management changes:

David Rytter, the former Technical Head within the Aventus NowCast Business Area has entered into a newly created position as Chief Technical Officer for all technical areas within AVTECH.

Anders Palm, the former Head of the Consultancy Business Area, has left his full time employment and current position within AVTECH. Anders Palm will be part of a group of part-time engaged consultants that is currently being established within the Company.

Christer Fehrling, the CEO of AVTECH, says: ”Appointing David Rytter as the CTO of AVTECH will help coordinate the technical resources within and outside of the Aventus NowCast Business Unit, which David successfully has been the technical leader of during the last years. David’s proven capability to manage complex technical development assignments will be one of several key success factors in the important work that lays ahead during the remainder of 2016, and it is with great confidence that I now see David assume this expanded responsibility”, finishes Christer Fehrling.

For more information, please contact

Christer Fehrling, CEO, +46 (0) 8 544 104 80

About AVTECH Sweden AB (publ)

AVTECH develops products and services for digital Air Traffic Management (ATM). Its customers include the global aviation industry; e.g. airlines, airports, aviation authorities, technology companies and airline manufacturers. By using AVTECH’s products and services, each individual flight as well as the entire airline operation can be optimized in terms of cost, noise and emission, efficiency, punctuality and safety. The head office is in Stockholm, Sweden with subsidiaries in Toulouse, France and an associated company in Dubai, U.A.E. AVTECH Sweden AB is listed on NASDAQ OMX First North and has appointed Redeye AB, tel: +46 8 545 013 30, as Certified Adviser.