<b>Gothenburg, Sweden</b> – ArcCore AB appoints Mr Magnus Lindahl as new CEO. Mr Lindahl is a seasoned executive with 20 years of experience in the automotive industry in roles as executive manager, product management and project management. With an extensive experience from the automotive electronic and software industry and having worked with world leading Tier1s and OEMs, like Delphi and AB Volvo, Mr Lindahl is a further contribution to the successful ArcCore team.

”ArcCore has developed rapidly during the past 24 months. Our international reach and recognition and the strong increase in demand of embedded software and services from ArcCore is timed perfectly with the recruitment of Magnus Lindahl. Magnus will contribute with management and automotive experience, and will together with the rest of the ArcCore team ensure continued rapid growth. Chairman of ArcCore board, Mr Ulf Ivarsson

"I’m excited to take the role as CEO for ArcCore, a company bringing highly innovative products and a modern business model with a large potential to the automotive market and in a phase of a rapid international expansion" says Mr Magnus Lindahl

"The appointment of Mr Lindahl as new CEO brings a profound executive experience from the global automotive market and enables ArcCore to leverage further on the rapidly growing worldwide interest for ArcCore’s open solutions. It is an important step in the strategic plan that we launched for ArcCore mid-2012″ says Mr Michael Svenstam, 3core AB and Didier Schreiber, Fouriertransform AB the two owners of the company
<b>Contact</b>
Mr Ulf Ivarsson, Chairman of Board, mobile +46 705 912 895
Mr Magnus Lindahl, CEO, mobile +46 727 101 200

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