CLX Communications AB (publ): announces changes in executive management

Friday, March 17, 2017 16:00 CET


Stockholm, Sweden - CLX Communications AB (publ.) - (XSTO:CLX), a leading global provider of cloud-based communication services, announces a change in its executive management. Kjell Arvidsson, Vice President of Corporate and Business Development has decided to leave his operating role within CLX Communications AB.

"I've spent most of my career in the telecom industry, the last 8 years with CLX, which I also co-founded. After the last intense years, I have decided that now is the time for me to step down." says Kjell Arvidsson.

Kjell is leaving his role in the latter part of April, but will remain as a board member.

"Kjell has played a crucial role in building the company CLX has become. I want to thank Kjell for the invaluable contributions and wish him all good and success." says Johan Hedberg, President and CEO, CLX Communications AB.

For further information, please contact

Thomas Ahlerup
Chief Investor Relations Officer
CLX Communications AB (publ.)
Mobile                +46-768-966300
E-mail                thomas.ahlerup@clxcommunications.com

About CLX Communications

CLX Communications (CLX) is a leading global provider of cloud-based communication services and solutions to enterprises and mobile operators. CLX's mobile communication services enable companies to quickly, securely and cost-effectively communicate globally with customers and connected devices - Internet of Things (IoT). CLX's solutions enable business-critical communications worldwide via mobile messaging services (SMS), voice services and mobile connectivity services for the IoT. CLX has grown profitably since the company was founded. The Group is headquartered in Stockholm, Sweden, and has presence in a further 20 countries.

CLX Communications' shares are traded at NASDAQ Stockholm - XSTO:CLX.

To learn more please visit: www.clxcommunications.com

Important information

This communication may contain certain forward-looking statements. Such statements are all statements that do not relate to historical facts and include expressions such as "believe", "estimate", "anticipate", "expect", "assume", "predict", "intend", "may", "presuppose", "should" or similar. The forward-looking statements in this release are based on various estimates and assumptions that in several cases are based on additional assumptions. Although CLX believes these assumptions were reasonable when made, such forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that are difficult or impossible to predict and that are beyond CLX's control. Such risks, uncertainties and important factors could cause the actual results to differ materially from the results expressly or implicitly indicated in this communication through the forward-looking statements. The information, perceptions and the forward-looking statements in this release apply only as of the date of this release and may change without notice. Every care has been taken in the translation of this press release. In the event of discrepancies, however, the Swedish original will supersede the English translation.

This information was submitted for publication under the auspices of the above contact on 17 March 2017 at [16:00] CET.