New President Munters MCS

Morten Andreasen has been appointed President Moisture Control Services (MCS) Division, and member of Munters Group Management. He will assume his position April 1, 2008.

Munters (STO:MTRS) is organized in three global Divisions; Dehumidification, MCS and HumiCool. The MCS Division has yearly net sales of 2 600 MSEK and 1 850 employees. MCS offers property damage restoration as well as temporary services for coatings, construction drying, and climate control applications.

Mr. Andreasen has extensive experience from the service business, whereof several years in various management positions at SAS Service Partner, Top Flight Catering and LSG Sky Chefs. He is presently Chief Operating Officer at LSG Sky Chefs with responsibility for the region including Nordic, Eastern Europe and Middle East. The region supplies services to airlines through 14 operating companies at airports in 10 countries and employs more than 3000 employees.

"The MCS division success is of vital importance to the success of the Group. Morten will bring a broad international experience combined with a deep understanding of service operations. This, combined with his strengths in Key Account management, will further develop MCS position as a leading service provider in the consolidating market, says CEO Lars Engstrom".

Munters is a global leader in energy efficient air treatment solutions and restoration services based on expertise in humidity and climate control technologies. Customers are served in a wide range of segments, the most important being insurance-, utilities-, food-, pharma- and electronics industries. Manufacturing, sales and service operations are conducted through the Group's own companies in 30 countries. The Group has approx. 3,900 permanent employees in 30 countries and next sales of SEK 5,712 million. The Munters share is listed on the Nordic Mid Cap list. For more information see www.munters.com.

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