Clavister Appoints IT and Security Business Veterans to Its Board of Directors

Clavister (STO:CLAV)

Clavister (NASDAQ: CLAV), a leader in high-performance network security, today announced the appointment of Björn Norrbom and Ilkka Hiidenheimo to its board of directors, to assist the company in achieving further international growth.

Hiidenheimo brings more than 30 years’ experience in IT business and computer security to the board, having previously founded Stonesoft Corporation, a network security solutions vendor in Finland, in 1990. Hiidenheimo served as Stonesoft’s Chief Technical Officer for 14 years before becoming CEO in 2004, leading the company until its acquisition by McAfee in 2013. He is currently chairman of Hiidenkivi Investment Oy and a member of the board of directors at Teos Oyj, Envault Corporation and Tietotalo Oy.

Norrbom joins the Clavister board of directors with extensive experience in IT and telecom business management. Norrbom held his first management role at IBM spending 16 years at the company, before becoming a director and member of the country management team at DEC, now HP. He has also held executive level roles at Cap Gemini, where he served as President, and Telia, where he was President of several subsidiaries and held a number of Board positions. He also served as Executive Vice President for Qatar Telecom. Since leaving Telia Norrbom has served on numerous boards of directors at listed and non-listed companies in Sweden including LGP Telecom, TimeSpace Radio, SiversIMA, and others.

"We are pleased to welcome Björn and Ilkka to the Clavister board of directors,” commented CEO Jim Carlsson, "Their knowledge of the IT security sector will prove invaluable in ensuring that Clavister continues to grow internationally, providing additional strategic support that will help ensure we continue to achieve market success.”

"I look forward to joining the board of an ambitious and innovative company such as Clavister,” commented Hiidenheimo, "Clavister is well positioned to grow and gain market share and I am delighted to have the opportunity to work with the company’s management team and helping the company expand internationally.”

Commenting on his appointment Norrbom said: "Clavister has an excellent market proposition which gives it a strong competitive advantage against its competitors. I am looking forward to working with the management team to deliver further successes internationally and enhancing the company’s standing as leading provider of robust next-generation security solutions.”

In the past 12 months Clavister has secured new deals across the globe including new customer wins and partnerships in Brazil, Malaysia, Germany, Japan, America, Netherlands, Croatia, Turkey and Belgium. In 2015 the company has released new additions to its next-generation security gateways including the entry level W30 and the E80, a security gateway that delivers enterprise-class capacity and unmatched price/performance capability to SME and branch office deployments.

About Clavister

Clavister is a leading security provider for fixed, mobile and virtual network environments. Its award-winning solutions give enterprises, cloud service providers and telecoms operators the highest levels of protection against current and new threats, and unmatched reliability. The company was founded in Sweden in 1997, with its solutions available globally through its network of channel partners.

Clavister is a member of Intel’s Network Builders program (networkbuilders.intel.com), a cross-industry initiative that enables telcos to build and manage business-critical infrastructures, with lower capital and operating costs. Clavister is traded at NASDAQ OMX Stockholm and has more than 4500 shareholders. For more information about Clavister, visit www.clavister.com

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