"Today LumenRadio is profitable and experiencing strong growth as our wireless products are becoming the preferred choice of lighting professionals. To keep up with demand and manage the continued success we are appointing Alexander Hellström as our new CEO to lead us through this next phase of growth", explains Per Hulthén, co-founder and former CEO of LumenRadio.
Hulthén transitions to a new role in the Board of Directors of LumenRadio where he will continue to lead the development of wireless control for building automation.
Alexander Hellström comes with a career spanning from senior management at Capgemini, CEO at Experis IT and CEO of Primas Invest and is well versed in technology and managing growth in emerging markets.
"LumenRadio has an admirable reputation as the recognized leader in professional wireless lighting controls. Of course we will continue to expand in our core entertainment market. However, we look beyond and will now build on this success to expand into other markets such as general lightning and building automation. It doesn't matter if it's devices in a building communicating with each other, or machines communicating with other machines - we have the patents and innovations that make it possible to finally cut the cable", says Alexander Hellström, new CEO of LumenRadio.
Hellström adds, "We are also expanding our in-house development team to further strengthen the technology lead we have over our competitors in the rapidly developing wireless market. Our ambition is to become the worldwide leader in reliable wireless communication for the professional market."
(Jim Evans)
