C-RAD

Board/Management Information • Oct 28, 2016

Press release 2016-10-28

CFO to leave C-RAD

The CFO, Erling Tomasson, will leave C-RAD on December 2, 2016 to take a CFO position at another company. Erling has been released from his duties as CFO. Therése Björklund took over with immediate effect as Interim CFO. Therése has been working for C-RAD in the position as Chief Accountant. The recruitment process for a new CFO is ongoing.

"Erling joined C-RAD in 2013 in the position as CFO. During this period the company has seen a substantial growth and an international expansion within America, Europe and Asia. As a member of the management team he has contributed to the achievements. I want to thank him for his work and wish him all the best for the future." says Tim Thurn, CEO C-RAD AB.

About C-RAD

C-RAD develops innovative solutions for use in advanced radiation therapy. The C-RAD group offers products and solutions for patient positioning, tumor localization and radiation treatment systems. All product development is conducted in three fully owned subsidiaries: C-RAD Positioning AB, C-RAD Imaging AB and C-RAD Innovation AB, all of which are located in Uppsala, Sweden. C-RAD has established three companies for direct sales: C-RAD Inc. in the US, C-RAD GmbH in Germany and C-RAD WOFE in China. Cyrpa International SPRL, a Franco-Belgian laser company, is a wholly owned subsidiary whose operations are integrated. C-RAD AB is listed on NASDAQ Stockholm. For more information on C-RAD, please visit www.c-rad.com

For further information:

Tim Thurn, CEO C-RAD AB, Phone +46-18-666930, Email investors@c-rad.com

This information is information that C-RAD AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication at 09:00 CET on October 28, 2016.