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GN Netcom Brings New CEO On Board

Industry Veteran, Mogens Elsberg, Brings Extensive Experience & Leadership To Executive Team

Nashua, NH – September 10, 2009 – On August 10, 2009 Mogens Elsberg took over the position as CEO for GN Netcom, the world leader in innovative headset solutions through its Jabra branded products. Elsberg also joined GN Store Nord’s executive management based in the company headquarters in Copenhagen, Denmark.

“We are very pleased to welcome Mogens and look forward to having him as the CEO of GN Netcom. Mogens has broad experience from global technology companies as well as extensive knowledge of the market in which GN Netcom operates and competes. This will serve us well as we conclude our restructuring initiative and start focusing on growing the company,” says Per Wold-Olsen, Chairman of GN’s Supervisory Board.

Elsberg joins GN from Pensio, a full-line supplier of payment solutions, where he served as interim CEO and co-owner. Prior to that, Elsberg held senior positions at Microsoft (2005-2008) where he was responsible for global business applications totaling over one billion dollars in revenue. From 2001 to 2004, Elsberg was the CEO of Aston Business Solutions where he restructured the company and restored profitability, and from 1997 to 2000, he held multiple positions within IBM’s Global Services organization.

“GN Netcom has the most competitive headset solution portfolio available given our new product introductions this year and I am pleased to be joining the organization,” said Elsberg. “Our goal is to focus our efforts on becoming the #1 market leader in North America and to continue to be first-to-market with customer-ready solutions by working with today's mobile and Unified Communication leaders.”

About GN Netcom
Through its Jabra brand, GN Netcom is a world leader in innovative headset solutions. With sales offices around the world, GN Netcom develops, manufactures and markets a broad range of wireless headsets for mobile users and both wireless and corded headsets for contact center and office-based users. GN Netcom’s business activities also include its original equipment manufacturing (OEM) business. GN Netcom is a subsidiary of GN Store Nord A/S which has been helping people communicate since 1869 and is a listed company on NASDAQ OMX Copenhagen.

© GN Netcom A/S. All rights reserved. Jabra © is a registered trademark of GN Netcom A/S. All other trademarks included herein are the property of their respective owners.

Contact
Stacey Clement
360 Public Relations for Jabra
sclement@360publicrelations.com
617-585-5774


8/09/2009 
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