SERSTECH AB: New VP Strategic Alliances and Management Acquisition of 400.000 Shares

On Monday, September 3, Johan Raneke will start at Serstech and be responsible for the acquisition and development of strategic partners. Johan acquired 200.000 Serstech shares during the summer and has a total holding of 200.000 shares in Serstech.

"Johan brings a vast experience of building relationships with international partners and will contribute to our accelerated growth. I am very happy that Johan decided to join our team and also for his financial commitment to our success", says Stefan Sandor, Serstech CEO.

Stefan Sandor has today acquired another 200.000 shares in Serstech at the average price of 2.00 SEK. Stefan now owns 800.000 shares, or approximately 1.25% of the company.

For further information please contact:
Stefan Sandor,
CEO, Serstech AB
phone +46 739 60 60 67
e-mail: ss@serstech.com
or visit www.serstech.com

About Serstech AB
Serstech delivers solutions for chemical identifications and has customers across the world, mainly in the safety and security industry. Typical customers are customs, police authorities, security organisations and United Nations. The solutions and technology are however not limited to security applications and potentially any industry using chemicals of some kind could be addressed by Serstech's solution. Serstech is traded at Nasdaq First North and you find more information about the company at: www.serstech.com. Certified advisor to Serstech is Västra Hamnen Corporate Finance AB.