Napatech A/S announced that Mr. Olav Stokke is resigning as Chairman of the board of directors due to health reasons. Mr. Olav Stokke, Chairman of the Board of Directors of the company, has been hospitalized due to serious illness. Because of an expectedly long convalescence, Mr. Stokke will be unable to fulfil his obligations and duties as Chairman of the Board of Directors. Therefore, Mr. Stokke, has withdrawn with immediate effect from his position as a member of the Board of Directors of the company. At a board meeting on January 19, 2017, the Board of Directors elected Mr. Lars B. Thoresen Chairman of the Board and he will initiate the process to search for an additional Board Member together with the Nomination Committee.