LIFE: Lifecare enhances team with strong financial experience

Lifecare is pleased to announce Kine Hereid as its new Controller and head ofInvestor Relations. Previously she was CFO at Borea Asset Management for 17years.

Hereid is a graduate from the Norwegian School of Economics (NHH - Siviløkonom)and has vast experience with tasks such as accounting, reporting, controllingand analysis.

At Lifecare she will be responsible for facilitating and executing accounting,financial development strategy, as well as reporting to strengthen our investorrelations and communications.

"Adding a permanent team member with financial management responsibilitiesrepresents another strategic step to building a solid permanent organisation. We are very excited that Kine joins Lifecare and she brings exactly theexperience and skills that we need in this important next phase ofcommercializing our diabetes technology," says CEO Joacim Holter.

For more information, please contact:Joacim HolterCEO, 40 05 90 40