STOCKHOLM -- Ulf Ewaldsson is appointed Senior Vice President, Chief Technology Officer, Head of Group Function Technology & Portfolio Management at Ericsson (NASDAQ:ERIC), effective from February 1. Ewaldsson brings to this position more than 20 years of experience in product management, industry development and customer relationship.

Ulf Ewaldsson is currently Head of Product Area Radio within Ericsson's Business Unit Networks and a member of Ericsson's research board. In this position he has been instrumental in defining the creation of some of the products that reflect Ericsson's technology leadership such as HSPA and LTE in the Radio Access Network (RAN), the multi-standard radio base station RBS6000 and the Antenna Integrated Radio Unit: AIR.

Ulf Ewaldsson graduated with Master's degrees of Science in Engineering and Business Management from Linköping Institute of Technology in Sweden. He started within Ericsson in 1990 and had since held various management positions in the group including Head of Ericsson in different countries and key customer accounts. As part of his assignments he has been based in China, Japan, Hong Kong and Hungary.

Ulf Ewaldsson will be a member of Ericsson's Executive Leadership team and will be based in Stockholm, Sweden. Therefore he will not take on the role as Head of Ericsson Silicon Valley, which Håkan Eriksson also had.

Ericsson AB (Nasdaq: ERIC)