SMARTRAC to Appoint Clemens J. Joos as New CEO

SMARTRAC N.V. announced that Clemens J. Joos shall be appointed CEO and chairman of the Management Board. The Supervisory Board has decided to propose the formal appointment as Director A and Member of the Management Board at the SMARTRAC Annual General Meeting of Shareholders to be held on June 18, 2013.

Joos has a profound resume in the industry equipment, healthcare and consumer electronics areas, having served in international executive and senior-level roles in Asia, Europe and the United States. His wide-ranging experience gives him a well-rounded view in competitive, innovative and rapidly changing market environments. He holds a diploma in business administration from the University of Applied Science in Offenburg and a master in organizational psychology from the University of Applied Science Erding, Germany.

“We are very grateful that during the now ending transition phase Christian Uhl and Nigel Sealey have managed and led the company successfully as co-chairmen in addition to their roles as CFO and COO respectively,” Prof. Dr. Fahrholz, chairman of the Supervisory Board, stated. “Clemens Joos has an impressive background with deep international leadership experience in sales, marketing, and innovation management. We are very pleased to propose his appointment to the general meeting and we are very confident that he has both the competence and experience needed to lead SMARTRAC in the next corporate phase.”

“The Management Board highly welcomes the appointment of Clemens Joos,” said Uhl and Sealey. “We look forward to supporting him in further strengthening the company’s market position, innovative character, and focus on its customer’s needs.”