Generic recruits Gustav Molander as Sales Director

Generic has hired Gustav Molander as Sales Director. Gustav joins Generic from Netsize where he was Nordic Sales Director. Gustav will also be a member of the management team of Generic.

"We are very pleased to have Gustav Molander join Generic. Gustav's deep experience in our field strengthens our team and will be a valuable addition to the company's future development" says Jonas Jegerborn, CEO of Generic Sweden AB (publ).

Generic Sweden AB (publ) was founded in 1993 and is today a pure telecom business specializing in alarm, SMS and fax services with the highest reliability. The telecom business is a specialized telecom operator with its own network for critical communications. Services and products are offered in the Minicall and Messit product areas. The telecom business had a turnover of approximately SEK 50 million in 2017 and has 15 employees. The share is traded on NASDAQ First North under the ticker GENI and Mangold Fondkommission is the company's Certified Adviser. Further information about the company is available at www.generic.se.