Telepo appoints Lars Wahlström as new CEO

Stockholm, September 1, 2009 – Telepo has appointed Lars Wahlström from Oracle as its new CEO. Lars Wahlström has extensive IT and telecoms experience and has, for the past nine years, held senior management positions in business development and sales at Oracle. Telepo has been rapidly expanding to new markets and has seen consistent growth from increased sales of enterprise communication software to operators and service providers. The recruitment of Lars Wahlström is a strategic part of Telepo’s continued expansion and growth.

At Oracle, Lars Wahlström led the construction of its Telecoms business as Group Vice President for the Global Telecom and Media Industry Business Unit. In addition, he was responsible for Supply Chain and Master Data Management within the EMEA region.

Commenting on the hire, Hans Ahlinder, Chairman of the Board for Telepo, emphasized that this is a strategic recruitment. ”Lars Wahlström joins us from one of the largest and most profitable IT companies in the world, and he has managed several acquisitions of telecoms and media companies. We are very pleased that one of the most prominent managers in our industry is joining Telepo. He has the right background and knowledge to continue our expansion to new markets and increase sales to operators and service providers.”

Lars Wahlström commented, “Telepo is very well positioned for further growth. We offer mature products for mobile and unified communication solutions which enterprises can subscribe to in the same way as other Software-as-a-Service solutions. These services are becoming even more attractive for enterprises of all kinds. They are also becoming increasingly important for operators who can offer them to their enterprise customers, thereby enabling increased revenues and customer loyalty.”

“I was especially attracted by the company’s clear leadership in unified communications as a service and the professionalism within Telepo”, Lars Wahlström continues.

Lars Wahlström has a degree in Business Administration from the University of Stockholm. He has a large family with five children and enjoys outdoor sports, such as bicycling, canoeing and sailing.

Lars-Michaël Paqvalén, co-founder and previous CEO of Telepo, is moving on to be the CEO of Global Wallet. He still remains a member of the Board of Directors as well as one of the main share holders of Telepo.

Commenting on the move, Hans Ahlinder said, “Lars-Michaël Paqvalén has decided to step down as CEO of Telepo. Lars-Michaël is one of the company founders and he has taken Telepo to a leading position in enterprise communication solutions. We thank him for his accomplishments and wish him the best in his new initiatives.”

 

About Telepo

Telepo is the leading provider of software for enterprise mobility and Unified Communication solutions for small to large-sized businesses and service providers worldwide. The rapidly expanding clientele and partner network includes many FORTUNE 500 companies and service providers. Telepo has received many major awards, such as the GSM Association’s award at the Mobile World Congress for the Best Mobile Enterprise Software and the EU’s highest technology award. More information is available at www.telepo.com.

 

Telepo contacts:

Lars Wahlström, CEO

Tel: +46 8 5065 2750

lars.wahlstrom@telepo.com

 

Mikael Westmark, Press contact

Tel: +46 8 5223 7801

mikael.westmark@telepo.com

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