Mr. Eriksson has until now held the position as Regional General Manager of Transcom’s North Region which includes all operations in Sweden, Norway and Denmark. Prior to joining Transcom in 2010, Mr. Eriksson was CEO of Poolia AB, a publicly traded staffing company, where he successfully restructured operations and managed through the economic downturn. Prior to Poolia, Mr. Eriksson spent 15 years with Securitas in a number of senior leadership positions, including President of the company’s European Cash Handling Division.  Mr. Eriksson holds a Degree in Business Administration and Economics from Karlstad University, Sweden.

Mr. Eriksson’s appointment is effective November 18, 2011.

William M. Walker, Transcom’s Chairman of the Board noted: “The Board of Directors of Transcom is delighted to announce Johan Eriksson’s appointment as President and CEO following a thorough search process that included high quality internal and external candidates. Johan knows Transcom, he knows our client needs, he has prior public company CEO experience, and he has a proven track record as a leader of operational excellence. The Board of Directors is very pleased to have Johan in this new role.

On behalf of the Transcom Board I would also like to thank Pablo Sánchez-Lozano for his dedicated work as President and CEO of Transcom over the past 2 years.  We wish him all the best in his future endeavors.”

Johan Eriksson, Transcom’s new President and CEO, commented: “I am looking forward to the opportunity to lead Transcom, working together with our clients, our committed employees, the executive team and the board to develop our business and drive performance improvements. Immediate focus areas include business development to support growth, operational excellence, and the continued execution of the restructuring program announced this summer”.

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For further information, please contact:

William Walker, Chairman of the Board                        +1 301 215 5533

Johan Eriksson, CEO of Transcom                               +46 70 776 80 22

Stefan Pettersson, Head of Investor Relations             +46 70 776 80 88