Lauritzen Foundation and LF Investment ApS have hired Fredrik Siwmark as CFO

Lauritzen Foundation and LF Investment ApS have hired Fredrik Siwmark as CFO as of the June 1st, 2010. Fredrik is 38 years old and graduated as M.Sc. in Business Administration from Copenhagen Business School in 1997. During the last 10 years, Fredrik has worked for TDC where he occupied various positions within Mergers & Acquisitions, finance and strategy. Prior to TDC he worked within corporate banking at DnB NOR in Oslo.

Fredrik will primarily work with the operation and development of LF Investments venture companies - including Kayxo A/S being a software developer on the way to an international market.

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Yours faithfully,

LF Investment ApS

Bent Østergaard
Managing Director