Netmore Group AB (publ) is strengthened with Henrik Sund for the Connected Industry business area

March 2, 2020

Netmore Group AB (publ) is strengthened with Henrik Sund for the Connected Industry business area

Netmore has for many years, based on knowledge of radio technology, gained the confidence to build and establish several different private mobile radio networks for advanced customer needs. Interest is growing for this area and, ahead of the upcoming 5G license process, there is a strong desire for regulators to make room for this in Sweden. As has now happened in other countries such as England, Germany and others. Henrik Sund is now responsible for the continued development of this area as head of the Connected Industry business area.

The solutions for Connected Industry, which will create secure digital flows, will require stable connection in the industrial property and in the various control systems used in all critical processes. Netmore’s solutions for connecting and integrating are part of what will accelerate the offering of industrial smart solutions to this segment. In order to take advantage of the opportunities that, among other things, the collaboration agreement with Elisa Corporation can create, and to ensure that we establish ourselves within Industry, Henrik Sund is hired to the Netmore Group to strengthen management and accelerate the establishment.

“We are very pleased to be able to connect Henrik Sund to the Netmore Group. Henrik has a long and solid background to run and develop companies and businesses. His experience from CapGemini and as responsible for establishing Nokia Networks Managed Services and with several additional CEO assignments, most recently as CEO of NetInsight with responsibility for a turnaround and focus will be an asset to the group. ” -Erik Hallberg, CEO Netmore Group AB

“I have had the privilege of following the Netmore Group for a while and see a great potential in Netmore’s IoT concept for real estate and smart communities. Creating a unit for industry that will use the parts and agreements that are already in place and being able to evaluate several new strategic choices is really a benefit.” -Henrik Sund

Henrik Sund begins his assignment on March 2, 2020. Henrik will also be part of the company’s management.

For more information,

Erik Hallberg CEO Netmore Group AB,

Henrik Sund, Head of Connected Industry,

Netmore Group AB is an IoT operator that develops a comprehensive solution for cities, industries, properties and homes. Together with our partners we build a safe and sustainable ecosystem for Internet of Things, locally, nationally and global. Netmore Group was formed in 2010 and since 2017 listed on the Nasdaq First North Growth Market.

G&W Fondkommission is the Company’s Certified Adviser regarding the listing at Nasdaq First North Growth Market.

Tel: 08-503 000 50, e-mail: