Report from the Annual General Meeting 2008

Report from the Annual General Meeting 2008

Press Release

April 24th, 2008


The shareholders of AudioDev AB (publ) have today, April 24, 2008, held their
AGM in Malmö, Sweden. 

The AGM adopted the annual report and consolidated accounts and decided in
accordance with the Board and CEO's proposal that no share dividend be paid for
2007. The AGM approved the discharge from liability for Board members and CEO
for the financial year. 

In his report, AudioDev's CEO, Christer Sjöström gave an account of business
activities for 2007. He then presented the interim report for the first quarter
of the year. In the presentation he stressed the importance of continuing
development work in the thin film business as a way of expanding the market for
AudioDev's technology. The market for thin film measurement is assessed as being
extremely important for AudioDev's future growth. Last year's investments in new
applications have received a good response in the quarter, while market scanning
witnessed a breakthrough and the indications for new orders were very
encouraging. Moreover, he pointed out that the format war between the two
blue-laser based formats, BD and HD DVD, is now over and that one of the major
factors of uncertainty on the market has thereby been removed.

A resolution was passed for the Board to be made up of five ordinary members
without any deputies. The elected chairman was Jan Barchan, and the other Board
members Göran Barsby, Per Ludvigsson, Thomas Vonheim and Sigrun Hjelmquist were
all re-elected. Remuneration was set at SEK 200,000 to the chairman and SEK
150,000 to each of the Board members. 

A resolution was passed on guidelines for remuneration to leading officials in
line with the proposal from the Board. The proposal has been published in full
in the Directors' Report section of the annual report. 




For more information please contact:
Christer Sjöström, CEO, Tel: +46 (0)40-690 49 00

AudioDev discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at 5.55 p.m. on April 24th 2008.


AudioDev is a world leading supplier of complete solutions for quality control
of optical media and of inspection systems for quality assuring the manufacture
of thin layers and films. The group's products for quality assurance and
production efficiency are marketed under the brands ETA™, CATS™ and GO!™. The
customer base includes companies involved in the manufacturing of optical media,
flat panel displays and other industrial applications where thin layers need to
be checked for quality with respect to colour determination, measuring thickness
and density. AudioDev has a complete offering that includes high precision
analyzers, analyzers for production control, extensive customer support,
training and TestCenters across the world.

Net sales in 2007 were SEK 111.2 million, with the largest markets being in the
US, Asia and Europe. The head office is based in Malmö, Sweden AudioDev has been
listed on the OMX Nordiska Börs Stockholm exchange since September 2000.