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23 October 2013

Footbalance appoints Tassos Karamouzis as Sales Director New Markets

Footbalance appoints Tassos Karamouzis as Sales Director New Markets

Footbalance is delighted to announce the appointment of Tassos Karamouzis as its new Sales Director New Markets. Having joined the company in 2010 as Scandinavian Market Area Manager, Mr. Karamouzis has proven his ability to build a healthy business in a short period of time. Mr. Karamouzis will lead the company´s expansion into strategically important new markets.

Footbalance is an exciting growth company with great global potential. I look forward to take the knowledge gained from establishing the Scandinavian business and put it to use when expanding to new markets,” Karamouzis summarizes.

Tassos has been a valued asset to the company since he joined us. His background in sporting goods and proven track-record in sales will help us take the next steps in our international expansion,” says Tom Jungell, Group CEO of Footbalance.

Tassos Karamouzis will head the international expansion from his current location Stockholm, Sweden. He will continue in his role as Market Area Manager for Scandinavia while Rasmus Holmgren, Sales Representative with the company since 2011 and major contributor in building up the Swedish business, takes over daily sales operations in Sweden and Denmark as of January 1st 2014 in the role of Senior Sales Executive.

Before joining Footbalance, Tassos Karamouzis had a long career in various positions in sales and marketing at Nike Inc.

Since its commercial launch in 2007 Footbalance has grown rapidly by offering custom footbeds, footwear and computer-aided foot analysis tools. As an innovator in custom technology Footbalance enables retailers to supply a superior service and products to enhance their consumer’s comfort, performance and injury prevention. Today Footbalance products are available in 21 countries. Leading customers include for example Road Runner Sports, SA Elite, Sweatshop, Elverys and Intersport.

For more information, please contact:

Tom Jungell, CEO +358 50 549 8180

Tassos Karamouzis, Sales Director New Markets +46 734 44 9981

About Footbalance

Footbalance System Ltd. is a Finnish company established in 2003. Footbalance develops, designs and produces custom footwear solutions for the retail environment. With Footbalance, retailers can provide 100% custom footbeds and footwear for their customers in less than 10 minutes. Footbalance's custom solutions support feet properly for improved biomechanical efficiency, thereby helping to improve comfort, health and performance in both sports and daily life. After it´s commercial launch in 2007, Footbalance is today sold by over 800 retailers in 21 countries. For more information, visit