Envirotainer's Board of Directors has appointed Niklas Prager, currently Chairman of the Board, as the company's new CEO, effective February 1st 2011. He succeeds Thomas Persson, who will remain with the company as Senior Advisor on special projects and serve on the Board of Directors.

David Holm-Ovr'n, Board Director representing Envirotainer's majority shareholder, AAC Capital Partners, said: "Thomas has led Envirotainer to four years of excellent growth, and has extensive industry knowledge. We are very happy to be able to keep him in the organization and to benefit from his services as a senior resource within business development. His continued commitment to this company helps ensure continuity and the company's future development.'

"I look forward to supporting the company in my new role. In the last four years, the strong development of our business has shown that what Envirotainer offers is a commercially sound "win-win" situation for both the company and our customers and partners. We are excited by the vast potential for Envirotainer in the market to establish and develop further cooperation with shippers, airlines and forwarders," said Thomas Persson.

Mr. Holm-Ovr'n added: "Niklas has a long and successful background in the Pharmaceutical and Medical Technology industries, including executive positions at MSD and Pfizer. We are looking forward to the strategic insight and leadership experience he will bring to the organization in his new role. I am certain that Envirotainer, under his leadership, will continue to bring forth industry-leading and value added products and services for our customers and partners.'

Niklas Prager said: 'I am proud to lead Envirotainer as a company at the forefront of innovation and being the global industry leader in active temperature controlled containers for airfreight. The company has proven time and again that our focus on developing products and services that meet the needs of our customers and partners, and provide tangible value in their logistic chains, is the right path for sustainable revenue and income growth. I have great confidence in Envirotainer and in the potential of the outstanding products and services we offer. Combined with our disciplined focus, our global network, continued investments in new technology and the dedication and talent of the people throughout the organization, I am convinced that we have everything it takes to make the company even more successful in the years to come.'