Appointment Expected to Be Effective Later This Month
Eden Prairie, Minn., USA, November 2, 2000 - FieldWorks, Inc. (OTCBB: FWRX), announced today that the companys board of directors has named Thomas Sparrvik president and chief executive officer, effective and contingent upon the closing of the companys recent, previously announced transactions with Kontron Embedded Computers AG and the receipt of required authorizations and approvals from the U.S. Immigration and Naturalization Service.
David G. Mell will continue to serve as president and CEO of FieldWorks until the closing of the Kontron transactions, expected later this month. Mell will continue to serve as a director of the company following the closing.
A Swedish national, Sparrvik, 35, is an experienced senior executive with a successful record of directing sales, administration and other operations at technology companies. Previously, Sparrvik was managing director at Laserstans AB, Sweden, a manufacturer of precision metal goods for industry. Prior to that, he was managing director at Betech Components AB, Sweden, a supplier of industrial computers, displays and automation products. He is formerly a project manager for the Swedish Defense Materiel Administration (FMV), an agency that defines, develops, procures and delivers the materiel systems of the Swedish Armed Forces.
Sparrvik holds an MBA from the Warwick Business School, University of Warwick, Coventry, England; an MSc in electrical engineering from Lund University, Lund, Sweden; and a BA in electrical and telecommunications from Pauli College, Malmoe, Sweden.
FieldWorks, Inc., founded in 1992, designs, sells and supports computer solutions in field environments including transportation, public service, military/government and heavy equipment industries worldwide. FieldWorks provides a complete solution to customers that includes product customization, integration and customer support services. FieldWorks products are designed and produced in compliance with its formal quality system, which is certified to the international ISO9001 quality. The company is based in Eden Prairie, Minnesota.
FieldWorks headquarters are at:
7631 Anagram Drive, Eden Prairie, MN 55344
Internet Address: www.field-works.com
Telephone: (612) 974-7000
Fax: (612) 974-7199
Forward-looking statements in this news release, if any, are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the statements, including the impact of changing economic or business conditions, the impact of competition, the availability of financing, the success of products in the marketplace, other risk factors inherent in the computer industry and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.