Patrick Nordwall new acting CEO at Kontanten

Stockholm, 2 September 2013

Patrick Nordwall has been appointed acting CEO for Swedish ATM operator Kontanten. Patrick is one of four founders of the company and has previously held the position as Head of Business and Service Development.

Mariana Burenstam Linder, Chairman of the Board at Kontanten:"We are very pleased that Patrick has accepted the position as new acting CEO. He is well oriented in the industry, knows the company thoroughly and can continue the important development of new services."

Kontanten was founded in 2005 and is the leading deployer of ATMs in the Nordic market, independent of banks or other financial institutions. The company has 630 ATMs in Sweden, making the company the second largest ATM operator in the country.  Kontanten is the only independent ATM operator in the Nordics with a total of almost 1 000 ATMs in Sweden, Norway and Finland.

Patrick Nordwall, acting CEO Kontanten: " I am happy to accept the challenge. The work we together have put down in development of new services has been stimulating and it will be rewarding to implement them further, now in a new role as acting CEO."

Gunnar Jacobson, former CEO and co-founder, leaves the company.

For more information contact:

Patrick Nordwall, acting CEO Kontanten, +46 70-266 69 33, [email protected]

Mariana Burenstam Linder, Chairman of the Board at Kontanten, +46 70-595 22 50

About Kontanten
Kontanten AB is the leading deployer of ATMs in the Nordic market, independent of banks or other financial institutions. The business concept is to give the consumers easy and secure access to cash and to be present in high traffic locations, for instance in supermarkets, malls, and gas stations all over the Nordic region. Kontanten has deployed ATMs since 2005 and is present in all major Swedish cities. Kontanten entered the Finnish market through the subsidiary Eurocash Finland Oy in 2008 as the first and only independent ATM deployer in Finland. After the aquisition of 300 ATMs from Point in Norway, Kontanten is present in three countries with close to 1000 ATMs. Kontanten is the second biggest ATM operator in the Nordics and the only independent player.