HiQ International: Magnus Gudéhn New Managing Director of HiQ Stockholm

Regulatory News:

HiQ International (STO:HIQ):

Magnus Gudéhn is appointed as the new Managing Director of HiQ Stockholm. Magnus has many years of leadership experience from HiQ and will take up his position with immediate effect.

”Magnus Gudéhn has been a leadership profile at HiQ since the mid 90s. Today he works as a Business Area Manager and together with the co-workers at HiQ Stockholm he has positioned HiQ Stockholm at a strong market position,” says HiQ’s President and CEO Lars Stugemo.

”I have had several different positions at HiQ and I’ve been a part of developing HiQ into a leading IT and management consultancy company since 1995. I’m very motivated to keep developing HiQ Stockholm in my new role as Managing Director,” Magnus Gudéhn says.

Magnus Gudéhn assumes his position as new Managing Director of HiQ Stockholm directly. Bo Ringdahl is leaving the company at his own request, for a leading position in another industry. He will assist Magnus Gudéhn in needed handovers.

”I want to thank Bo Ringdahl for 17 highly successful years at HiQ, whereof 7 years as Managing Director of HiQ Stockholm. I also want to welcome Magnus to his new position. I have great confidence in Magnus and am looking forward to seeing him and his team take HiQ Stockholm to the next level,” Lars Stugemo concludes.

HiQ is required by Swedish law (the Securities Market Act and/or the Financial Instruments Trading Act) to publish this information. This information was released for publication at 07:55 CET on 17 October 2013.

HiQ simplifies and improves using hi-tech solutions within communications and software development. The company is a leader in these areas and has the Nordic region as its home market. HiQ employs more than 1,300 staff and has offices both in the Nordic countries and in Russia. HiQ is also listed on the NASDAQ OMX Stockholm Mid Cap List. For more information, please visit www.hiq.se.

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