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Date: 21st March 2007
Title: Transmode strengthen its Board of Directors with Eva Lindqvist  

Transmode, a leading provider of Multi-Reach Optical Networking Solutions, today announced that Eva Lindqvist, most recently President TeliaSonera International Carrier, has joined the company's Board of Directors

"I am delighted to welcome such a strong industry veteran as Eva to the Transmode Board," said Rune Hurtig, Chairman and acting CEO. "Eva brings many years of senior management experience and a global network of industry contacts."

Eva Lindqvist joins the Transmode Board of Directors as an independent board member and brings over 25 years of senior management experience from TeliaSonera and Ericsson. In her most recent role, Ms Lindqvist was President of TeliaSonera International Carrier from 2002 to 2006, where she was responsible for all international carrier activities within the TeliaSonera Group. Prior to this role, Ms Lindqvist held other senior management positions within TeliaSonera. Before joining TeliaSonera in 2000, Ms Lindqvist was employed by the Ericsson Group for 18 years where she held leading positions in Japan, Australia and the US.

Ms Lindqvist holds a Master of Science from Linköping Institute of Technology, Sweden, and a Master of Business Administration from Melbourne University, Australia.

"I am thrilled to be joining the Transmode Board at such an exiting time," said Eva Lindqvist. "The company is undergoing a rapid period of expansion and I look forward to playing my part in shaping the future of the organisation."

Eva Lindqvist joins the existing Transmode board members; Rune Hurtig (Chairman), Mats Dahlin (Independent), Simon Cornwell (Amadeus Capital Partners), Tom Nyman (Pod Holding), Alex Rogers (HarbourVest), Magnus Öberg (Founder) and Shamil Chandaria (Investor).

In a further announcement today, Transmode announced a growth acceleration funding round of $12 Million.

About Transmode 
Transmode is a leading provider of Optical Networking solutions. Innovations such as intelligent WDM (iWDM), which dramatically lowers operational cost, and highly modular multi-reach DWDM, which reduces network CAPEX and complexity, have contributed to success at a global level, with a customer base of more than 150 network operators, service providers, enterprises and public institutions across Europe, the Americas and Asia.

Transmode is the only company with the full spectrum of Optical Networking solutions based on WDM, designed to cater for the needs of Network Operators and Enterprises alike without compromising on functionality or cost-efficiency. Transmode’s product portfolio addresses Optical Networking requirements from regional networks, through metro core and access networks, all the way down to the customer premises.

For more information about Transmode, please visit http://www.transmode.com