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SAF: SAF Tehnika appoints Edgars Ricevs as Vice President Sales and Marketing

Spekuliantai.lt | 2013-02-11 | NASDAQ OMX biržų naujienos | perskaitė: 716
Raktiniai žodžiai: SAF Tehnika, SAF
SAF: SAF Tehnika appoints Edgars Ricevs as Vice President Sales and Marketing

SAF Tehnika Company Announcement 11.02.2013

SAF Tehnika appoints Edgars Ricevs as Vice President Sales and Marketing

Riga, Latvia, 2013-02-11 15:31 CET (GLOBE NEWSWIRE) -- SAF Tehnika announces
that as of 1 March this year, Edgars Ricevs, at present CEO of Stream Networks,
will join SAF Tehnika as the company's Vice President Sales and Marketing.
Within a month, Edgars Ricevs will also occupy a position of a Board Member,
thus replacing the former company's Vice President Sales and Marketing Janis
Ennitis whose leave from the company is related to an opportunity of developing
a private business.

"Respecting the decision of Janis Ennitis to take on a new challenge in his
career I am convinced that in the person of Edgars Ricevs SAF Tehnika has been
joined by a knowledgeable manager with most extensive experience in the sector
of innovative telecommunication technologies, which will be a great asset for
the company," stressed SAF Tehnika Chairman of the Board, Normunds Bergs. At
the same time SAF Tehnika confirms that the expected changes in the company's
management are not related to the changes in the company's strategy of the
product development and its international operations.

The duties of Edgars Ricevs at SAF Tehnika will include sales and marketing
management by strengthening those activities worldwide, investigating new
opportunities and developing managed services business in North America.

Edgars Ricevs currently is performing as a CEO of SIA Stream Networks (since
August 2008) – wireless broadband access provider in Northern Europe. E. Ricevs
was also a COO and CTO of pan-Baltic alternative carrier Norby Telecom (March
2007- August 2008) and, he also was holding a CEO position at SIA Telecentrs
(April 2002 - August 2008). Within the period from February 1996 to March 2002
he performed the duties of the Head of Microwave department for Microlink
Latvia. E. Ricevs holds bachelor degree in computer science from Ventspils
University College (2004-2006) .

Aira Loite
Member of the board, COO
Phone: +371 67046833
e-mail: aira.loite@saftehnika.com

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