Hans Naess Appointed New CFO of Heliospectra AB

GOTHENBURG, Sweden and SAN FRANCISCO, March 4, 2019 /PRNewswire/ -- Heliospectra AB (publ) (OTCQB: HLSPY, FIRST NORTH: HELIO), a world leader in intelligent lighting technology for greenhouse and controlled plant growth environments, has appointed Hans Naess as the new Chief Financial Officer (CFO) of Heliospectra AB. Hans has acted as interim CFO since September 24, 2018. He began the role as CFO on March 1st, 2019.

Hans has 30 years of experience working as Auditor, CFO and Finance Director with global, market-leading companies, including CMA-CGM, Zimmer Biomet, Global Blue, and PWC. Prior to Heliospectra, Hans served as Finance Director at Volvo Buses.

"As a leader within the green tech and horticulture lighting industry, Heliospectra has a world-class portfolio of lighting solutions, control systems, and services targeted to help growers in a sustainable way increase yield and produce crops of highest quality. By adding financial services we will be able to work even closer with growers around the world and support them with their day-to-day operation. I look forward to joining the team and to contributing to Heliospectra's path of profitable growth," said Hans Naess, CFO Heliospectra AB.

"I am very happy to welcome Hans to Heliospectra and our management group. Hans has solid experience in finance and his background matches Heliospectra's culture well. His strong focus on financial stability and his drive to develop and build financial services make Hans a strong leader and asset as the company continues our expansion for 2019 and forward," said Ali Ahmadian, CEO, Heliospectra AB.

Hans has acted as interim CFO since September 24, 2018, and entered the position as CFO of Heliospectra on March 1st, 2019.

Contact:

Investor Relations:

Ali Ahmadian, CEO of Heliospectra | +46-(0)-72-203-6344 | ir@heliospectra.com

Redeye is Heliospectra Certified Advisor for Nasdaq First North -www.redeye.se

Certifiedadviser@redeye.se | +46-(0)-8-121-576-90

http://www.heliospectra.com

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SOURCE Heliospectra