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Medistim Board/Management Information 2010

May 25, 2010

3662_rns_2010-05-25_018ba639-02b7-47af-aa1b-3980305718e2.html

Board/Management Information

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MediStim ASA has hired a new CEO for its subsidiary MediStim Kirop AS

CEO in MediStim KirOp AS, Nils-Erik Simonsen, has

after 25 years in office decided to retire at the end

of 2010. Simonsen is one of the founders of the Kir-

Op AS which was acquired by MediStim in 2006.

Kir-Op AS was established in 1985 and specialized in

distribution of medical devices, including surgical

operation equipment and research equipment for the

ophthalmologic market in Norway. Today the company is

among leading distributors in the country. MediStim

Kirop AS has 15 employees and is located on Etterstad

in Oslo. In addition to being a distributor for a

number of international companies in the Norwegian

market, MediStim Kirop also sells MediStim's

proprietary products for quality assurance of cardiac-

, vascular- and other surgery.

In the position as new CEO in MediStim Kirop AS, the

company has hired Ole Jørgen Robsrud. Robsrud

(f.1969) comes from the position as CEO in HemoCue

Norway, a company that sells diagnostic analysis

equipment for the health sector. He also has 13 years

of experience in the pharmaceutical company Pfizer,

where he has held a variety of management positions

in sales and marketing. Ole Jørgen Robsrud has an MBA

from BI. New CEO will, in addition to the daily

management of the subsidiary, have a central task in

developing all aspects of the business, including

strategic sales, supplier management and optimizing

internal processes. Ole Jørgen Robsrud will take

office at October 1st.