“As a fast growth company, it is critical to our successful expansion – and to our customers and partners – that we continuously execute on the right strategies. We are confident that our two new directors complement our board of directors' skills and experiences, and will provide valuable perspectives”, said Stefan Albertsson, CEO of Addsecure.

He continued: “We very much look forward to working with Katarina Bonde and benefiting from her extensive experience with SaaS (recurring revenue) business models, and in building international technology businesses, organically and through M&A. Marlene Forsell’s strong financial background based on long-standing CFO experience at large companies, will equally serve Addsecure on our growth path to build a strong company”.

Katarina Bonde is an experienced international business leader, entrepreneur, and investor. She is currently Chairman of the Board of Mentimeter, Flatfrog Laboratories, Stratsys and a board director of Mycronic, and Stillfront Group. Previous board assignments include Opus Group, Nordax Group, Micro Systemation, Fingerprint Cards, the Sixth AP Fund, part of the Swedish public pension fund system, and ORC Software.

“I’m proud to be elected Chairman of the Board for Addsecure and excited to contribute to the next chapter in the company’s success,” said Katarina Bonde. “Addsecure’s IoT solutions make the world safer and smarter for our customers and we will continue to expand through innovation, investments and acquisitions. Addsecure has already grown four times in size in the last four years, but I believe it has the potential to grow much further and I’m looking forward to working with the board and management team to accomplish this."

Marlene Forsell serves on the board of Scandinavian Tobacco Group, Kambi Group PLC, Nobia AB, Lime Technologies and Index Pharmaceuticals AB. In the past she occupied the position of Chief Financial Officer and Senior Vice President at Swedish Match AB.

At present the Addsecure board consists of Katarina Bonde (Chairman); Marlene Forsell; Michael Groeber, Castik Capital Partners; Krzysztof Jedrzejek, Castik Capital Partners; Philipp Paul, Castik Capital Partners; Andrew M. Reynolds (independent); Rob Nicewicz, Abry Partners; and Brian St. Jean, Abry Partners.