FlatFrog

FlatFrog appoints new VP of Operations

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FlatFrog Laboratories AB, a leader in disruptive optics-based multi-touch subsystems backed by Nordic venture fund Sunstone Capital, has announced the appointment of Cai Remitz as VP of Operations.

Mr Cai Remitz, M.Sc. Industrial Engineering & Management, has been appointed Vice President of Operations and member of the management board of FlatFrog, reporting to the CEO. He will start in his new position on 3 January 2009. His responsibilities will include the strategic planning and leadership of the company's procurement, logistics and industrialization activities.

With more than 12 years of experience in the areas of consumer electronics procurement, quality and production, Cai brings solid expertise to drive FlatFrog's global expansion in the rapidly growing multi-touch market. Cai joins FlatFrog from a 12 year stay at SonyEricsson and Ericsson, where he held senior responsibilities in project management, industrialization and logistics.

"I've had the good fortune to work with one of the best consumer electronics companies in the market," states Cai Remitz. "FlatFrog really brings something unique to the table in terms of an unmatched value proposition addressing an immense and growing global multi-touch market. I'm thrilled to join the team that is building the technology platforms defining the next generation of multi-touch displays. Our plans are literally to play a category-leading role in how tomorrow's multi-touch systems are built and to support the massive and accelerating market for interactive, user-friendly natural gesture based applications."

"We are very happy about the appointment of Cai as VP Operations at FlatFrog," says Christer Fåhraeus, acting CEO and Chairman of FlatFrog. "His operational experience in consumer electronics sourcing, quality and production are crucial and instrumental in order to bring our unique technology to the fast growing multi-touch market with an unprecedented combination of price, performance and features."

For questions please contact:

Christer Fåhraeus
Acting CEO and Chairman
Flatfrog laboratories AB,
+46-705-609000

ABOUT FLATFROG LABORATORIES AB

Co-founded in 2007 by optics expert Ola Wassvik and serial entrepreneur Christer Fåhraeus, FlatFrog is revolutionizing the touch industry by providing the industry's first true multi-touch systems in a slim form factor. FlatFrog's optics-based multi-touch subsystems offer unparalleled performance specifications for displays ranging from 5" to 100". The company's OEM and integrator customers incorporate FlatFrog technology into such products as multi-touch tabletops, digital signage and whiteboards, point-of-sale, gaming and medical displays, and consumer electronics such as note-/ net-book computers, desktop monitors and multi-touch input pads. FlatFrog is a privately held company headquartered in Lund, Sweden, just across the bridge from the Copenhagen Airport. For more information, please visit www.flatfrog.com

ABOUT SUNSTONE CAPITAL

Sunstone Capital is a Nordic-based early stage venture capital investor founded by an international team with more than 200 years of combined entrepreneurial, operational and financial experience. With over EUR 400 million in funds under management, Sunstone focuses on developing and expanding early-stage Technology and Life Science companies with strong potential to achieve global success in their markets. For more information, please visit www.sunstonecapital.com

FlatFrog is a trademark of FlatFrog Laboratories AB