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Frequentis AG: Constantin von Reden appointed new Managing Director of FREQUENTIS Comsoft from May 2021

New Managing Director FREQUENTIS Comsoft

New Managing Director FREQUENTIS Comsoft

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Vienna / Karlsruhe (pta008/15.04.2021/08:00 UTC+2) Constantin von Reden, Air Traffic Management (ATM) professional and currently Vice President Air Traffic Control/Air Defence (ATC/AD) at Rohde & Schwarz, will succeed Thomas Hoffmann as Managing Director of Frequentis Comsoft in Karlsruhe, Germany, as of 1 May.

"With Constantin von Reden, we have again acquired an excellent ATM professional for the management of Frequentis Comsoft," says Frequentis CEO Norbert Haslacher. "Our thanks go to Thomas Hoffmann for two years of successful expansion work. He is handing over a very well-ordered company to his successor. Constantin von Reden will continue the integration path and further strengthen the role of Frequentis Comsoft in the Frequentis Group."

Constantin v. Reden is also looking forward to his new assignment: "I know Frequentis as a great company that has a lot to do in the ATM industry. I want to contribute to developing new cross-group strategies in the ATM market and make Frequentis Comsoft fit for the future."

Constantin v. Reden will contribute his experience from two decades in the ATM industry; he graduated in aerospace engineering and was an officer in the German Air Force, where he was able to gain a wide range of international experience. His most recent role was as Vice President Market Segment ATC at Rohde & Schwarz in Germany, where he was responsible for global profit and loss for communications systems in the areas of ATC, airports, and air defence.

Thomas Hoffmann will leave the Frequentis Group at his own request to take on a new professional challenge at the end of 2021. Until then, he will be available to the Frequentis Executive Board and his successor in an advisory capacity.

About FREQUENTIS Comsoft GmbH

In 2016, Frequentis Comsoft joined the Frequentis Group as its competence centre for AMHS, AIM, surveillance technologies and ATM systems. Frequentis Comsoft provides software-centric solutions covering the complete surveillance data chain: from sensors to distribution to processing to display.

For more information, please visit https://www.frequentis-comsoft.com

About FREQUENTIS

Frequentis, headquartered in Vienna, is an international supplier of communication and information systems for control centres with safety-critical tasks. Such 'control centre solutions' are developed and marketed by Frequentis in the business sectors Air Traffic Management (civil and military air traffic control, air defence) and Public Safety & Transport (police, fire brigade, ambulance services, shipping, railways). As a global player, Frequentis operates a worldwide network of branches, subsidiaries and local representatives in more than 50 countries.

Products and solutions from Frequentis can be found in over 35,000 operator working positions and in approximately 150 countries. Founded in 1947, Frequentis considers itself to be the global market leader in voice communication systems for air traffic control with a market share of around 30%. In addition, the Frequentis Group's AIM (aeronautical information management) and AMHS (aeronautical message handling) systems, as well as GSM-R systems for Public Transport are industry leading global solutions.

The shares of Frequentis AG are traded on the Vienna and Frankfurt Stock Exchange under the ticker symbol FQT (ISIN: ATFREQUENT09). In 2020, the Frequentis Group had about 1,900 employees worldwide and generated revenues of EUR 299.4 million and EBIT of EUR 26.8 million.

For more information, please visit https://www.frequentis.com

Brigitte Gschiegl, Director Corporate Communications, Frequentis AG,
brigitte.gschiegl@frequentis.com, +43 1 81150-1301

Stefan Marin, Head of Investor Relations, Frequentis AG,
stefan.marin@frequentis.com, +43 1 81150-1074

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Emitter: Frequentis AG
Innovationsstraße 1
1100 Wien
Austria
Contact Person: Stefan Marin
Phone: +431811501074
E-Mail: stefan.marin@frequentis.com
Website: www.frequentis.com
ISIN(s): ATFREQUENT09 (Share)
Stock Exchange(s): Vienna Stock Exchange (Official Trade)
Other Stock Exchanges: Regulierter Markt in Frankfurt
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