30 Apr 2008 at 17:39 GMT+2
Regulatory press release

HMS Networks AB: Minutes from Annual General Meeting in HMS


HMS Networks AB (publ.) held its Annual General Meeting on April 30,
2008. The Meeting resolved in favor of all proposed matters in
accordance with the proposals of the Board of Directors. The main
contents of the most important resolutions are described below.
 
Resolution regarding dividend
The Meeting resolved to approve the Board of Directors' proposal of a
dividend for fiscal year 2007 of SEK 1.0 per share. May 6 2008 was
set as the record date for the dividend. It is expected that the
dividend will be disbursed by VPC AB on May 12, 2008.
Resolution regarding adoption of the income statement and balance
sheet
The Meeting resolved to adopt the income statement and balance sheet
of HMS Networks AB submitted by the Board of Directors as well as the
consolidated income statement and balance sheet. The Board and the
President were discharged from liability for the 2007 fiscal year.
Resolution regarding election of the Board, auditors and fees
The Annual General Meeting resolved in accordance with the Nominating
Committee's proposals, namely

* that five (5) Board members should be elected and no deputy
  members,
* that the following Board members should be re-elected: Ray
  Mauritsson, Sebastian Ehrnrooth and
  StaffanDahlström
* that Göran Sigfridsson is elected as new board member
* that Urban Jansson should be re-elected as Chairman of the Board
* that fees totaling SEK 525 000 shall be paid to the Board to be
  distributed among members who are not employees of the Company,
  with SEK 225 000 to the Chairman and SEK 100 000 to each Board
  member.

  It was noted that Öhrlings PricewaterhouseCoopers AB, with the
  Authorized Public Accountant, Olof Enerbäck as auditor in charge,
  was appointed as auditor at the Annual General Meeting 2005, for a
  period of four years.

  Resolution regarding guidelines for determining salaries and other
  remuneration to the President and other members of company
  management
  The Meeting approved the Board's proposal of guidelines for
  determining salaries and other remuneration to the President and
  other persons in company management.

  Resolution regarding criteria relating to appointment of members to
  the Nominating Committee, etc.
  The Annual Meeting adopted the Board's proposal of criteria
  relating to appointment of members to the Nominating Committee.

  All of the Annual Meeting's resolutions were passed with the
  requisite majority.
 
For further information please contact:
Gunnar Högberg, CFO and Investor Relations, telephone: +46 35 17 29
95, email [email protected]
 
HMS Networks is a world-leading supplier of communication technology
for industrial automation. Sales totalled SEK 270 m in 2007. Over 90%
of these sales were to customers located outside Sweden. All
development and the major portion of manufacturing is carried out at
the head office in Halmstad. Sales offices are located in Tokyo,
Beijing, Karlsruhe, Chicago, Milan and Mulhouse. HMS has 155
employees and produces network interface cards and products to
interconnect different networks under the trademark Anybus®. The
network interface cards are embedded in automation equipment such as
robots, control systems, motors and sensors. This allows
subcomponents in machines to communicate with one another and with
different networks. HMS was formed in 1988 and has had an average
organic growth of 30% annually over the last 10 years. HMS is listed
on the OMX Nordic Exchange in Stockholm in the Small Cap, Information
Technology sector