Olav Sandnes has given notice to resign

Olav Sandnes has given notice to resign from his position as Chief Financial Officer of Funcom N.V. He will continue in his current position until a new CFO is announced and to assist in the transition period.

Olav Sandnes has been employed by Funcom since 2006. He is leaving the company in order to take up a new position in a different industry.

"Olav Sandnes has made important contributions in Funcom, particularly in respect of developing the Company’s financial reporting, controls and management systems and as a member of the management team", comments Trond Aas, CEO of Funcom.

“Funcom is a Company with a substantial potential based on a unique combination of skill sets in a fast growing global market. I wish Trond Aas and the rest of the organization all the best in realizing the full potential of the Company, comments Olav Sandnes.

Any enquires may be addressed to:
Trond Arne Aas, CEO.       
Tel: + 47 22 92 59 00
Olav Sandnes, CFO. Tel: + 47 92 22 55 40

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