Anders Nissen

ANDERS NISSEN, CEO of Pandox AB, has an extensive background in the
hotel industry, with nearly 20 years of experience. His background
includes operating experience as the director of several hotels in
Sweden. Between 1989 and 1992, Mr. Nissen held a number of executive
positions within the RESO organization, the Swedish hotel operator. In
1993, Mr. Nissen was employed as Managing Director of Securum Hotel &
Turism AB and managed efforts to structure Securum’s hotel property
portfolio. Mr. Nissen was one of the initiators of Pandox and has been
the CEO of Pandox from the start in 1995.