New CEO in Todos Data System AB

Todos Data System AB takes the next step in becoming the leading provider of authentication solutions for Internet banking and e-commerce. May 1 Ove Wedsjö joined Todos as CEO.

Gothenburg, Sweden, May 17, 2008 --(PR.com)-- Todos announces a new CEO. Todos Data System AB takes the next step in becoming the leading provider of authentication solutions for Internet banking and e-commerce. May 1 Ove Wedsjö joined Todos as CEO. Ove Wedsjö has a background in global sales with experience from different management positions. Most recently in Cash Guard as CEO and in Ericsson as Vice president Ericsson Enterprise, responsible for global sales and marketing. Ove Wedsjö has a long international experience as a supplier of IT solutions to the Banking industry.

Maw-Tsong Lin, the founder and previous CEO of Todos, will focus on the Asian market as President of Todos Asia. Maw-Tsong Lin will, with his deep knowledge and experience take the responsibility to reinforce and leverage Todos position as the leading supplier in Asia.

"By strengthening global management and a strong focus on the rapidly growing Asian market we will secure our ambitious growth target", says Christina Detlefsen, Chairman of the Board.

For further information please contact:
Mrs Christina Detlefsen, Director of the Board, Todos Data System AB
Telephone: +46 (0) 31 775 88 00

About Todos
Todos is a Swedish company dedicated to providing authentication solutions for Internet banking and e-commerce. Todos have world leading competence in designing and delivering user friendly, secure, robust and cost efficient solutions. Since 1990 Todos have been designing and marketing chip card based security products mainly to the international financial sector.

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Contact
Todos Data System AB
Christina Detlefsen
+46 31 775 8800
www.todos.se
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