RESOLUTIONS PASSED BY THE ANNUAL GENERAL MEETING OF TECNOMEN LIFETREE CORPORATION

Tecnomen Lifetree Corporation                   STOCK EXCHANGE RELESE           
                                                25 March 2010, 6.00 p.m.        


RESOLUTIONS PASSED BY THE ANNUAL GENERAL MEETING OF TECNOMEN LIFETREE           
CORPORATION                                                                     

The Annual General Meeting of Tecnomen Lifetree Corporation held on 25 March    
2010 confirmed the financial statements and the consolidated financial          
statements for the financial year 2009 and discharged the Board of Directors and
the CEO from liability for the year 2009. The Annual General Meeting resolved in
accordance with the proposal of the Board of Directors that no dividend be paid 
for the year 2009, and that the parent company's loss for the financial year,   
22,656,856.24 euros, be covered by non-restricted equity reserves.              

The Annual General Meeting confirmed that the Board of Directors will consists  
of eight members. Atul Chopra, Johan Hammarén, Pentti Heikkinen, Harri Koponen, 
Christer Sumelius, Hannu Turunen and David White were re-elected as Board       
members. Ilkka Raiskinen was elected as a new Board member. The Board members   
were elected for a period of office expiring at the end of the first Annual     
General Meeting following the election.                                         

The Annual General Meeting resolved that the annual remunerations to the members
of the Board of Directors be 50,000 euros for the Chairman, 30,000 euros for the
Vice-Chairman and 23,000 euros for a member. In addition it was decided that a  
compensation of 800 euros for the Chairman and 500 euros for a member of the    
Board of Directors be paid for attendance at Board and Committee meetings.      

KPMG Oy Ab, Authorised Public Accountants, will continue as the Company's       
auditor, with Sixten Nyman, APA, as principal auditor, until the end of the     
following Annual General Meeting.                                               

The Annual General Meeting resolved in accordance with the proposal of the Board
of Directors to amend the Section 1 of Company's Articles of Association        
regarding the business name of the company as well as Section 11 regarding the  
notice to the Annual General Meeting. The new business name of the Company is   
Tecnotree Oyj, in Swedish Tecnotree Abp and in English Tecnotree Corporation.   

The Annual General Meeting authorised the Board of Directors in accordance with 
the proposal of the Board of Directors to decide on the acquisition of a maximum
of 7,360,000 of the Company's own shares. Own shares shall be acquired with     
unrestricted shareholders' equity otherwise than in proportion to the holdings  
of the shareholders through public trading of the securities on NASDAQ OMX      
Helsinki Oy at the market price of the shares in public trading at the time of  
the acquisition. Own shares can be acquired for the purpose of developing the   
capital structure of the Company, carrying out corporate acquisitions or other  
business arrangements to develop the business of the Company, financing capital 
expenditure, to be used as part of the Company's incentive schemes, or to be    
otherwise retained in the possession of the Company, disposed of or nullified in
the extent and manner decided by the Board of Directors. The Board of Directors 
will decide on other terms of the share acquisition. The authorisation will be  
valid for one year from the decision of the Annual General Meeting.             

The Annual General Meeting authorised the Board of Directors in accordance with 
the proposal of the Board of Directors to decide to issue and/or to convey a    
maximum of 17,800,000 new shares and/or the Company's own shares either against 
payment or for free. New shares may be issued and the Company's own shares may  
be conveyed to the Company's shareholders in proportion to their current        
shareholdings in the Company or waiving the shareholder's pre-emption right,    
through a directed share issue if the Company has a weighty financial reason to 
do so. The Board of Directors may also decide on a free share issue to the      
Company itself. The Board of Directors is, within the authorization, authorized 
to grant the special rights referred to in Chapter 10, Section 1 of the         
Companies Act, which carry the right to receive, against payment, new shares of 
the Company or the Company's own shares held by the Company in such a manner    
that the subscription price of the shares is paid in cash or by using the       
subscriber's receivable to set off the subscription price. The Board of         
Directors shall decide on other terms and conditions related to the share issues
and granting of the special rights. The said authorisations will be valid for   
one year from the decision of the Annual General Meeting.                       

CHAIRMAN OF THE BOARD OF DIRECTORS AND BOARD COMMITTEES                         

In the assembly meeting of the Board of Directors following the Annual General  
Meeting, Hannu Turunen was re-elected as Chairman and Johan Hammarén as Vice    
Chairman of the Board of Directors. Hannu Turunen was elected as Chairman of the
Audit Committee and Johan Hammarén, Harri Koponen and David White as members.   
Christer Sumelius was elected as Chairman of the Compensation and Nomination    
Committee and Johan Hammarén, Ilkka Raiskinen and Hannu Turunen as members.     

The Board of Directors has assessed the Board members' independence in          
compliance with the Finnish Corporate Governance Code's recommendations. Based  
on the assessment, all other Board members are independent of the company and   
its major shareholders except Atul Chopra due to his employment. Atul Chopra is 
COO and President of Operations and Managing Director for the Indian subsidiary,
Tecnotree Convergence Ltd.                                                      


TECNOMEN LIFETREE CORPORATION                                                   


Board of Directors                                                              


FURTHER INFORMATION                                                             
Mr Hannu Turunen, Chairman of the Board, tel. +358 40 758 6615                  
Mr Eero Mertano, President and CEO, tel. +358 50 5354 970                       


DISTRIBUTION                                                                    
NASDAQ OMX Helsinki Oy                                                          
Main media                                                                      
www.tecnotree.com                                                               


About Tecnotree                                                                 
Tecnotree, (Tecnomen Lifetree) founded in 1978, is one of the leading suppliers 
of  Business and Operations Support Systems (BSS/OSS) and Value Added Services  
(VAS) for telecom operators worldwide. Tecnotree markets and sells its products 
and services through its own organisation, as well as through global and local  
partners, and has supplied its products to more than 120 customers around the   
world. Headquartered in Espoo, Finland, Tecnotree has about 800 employees       
working in 20 locations worldwide. The company is listed on the main list of    
NASDAQ OMX Helsinki Ltd with the trading code TEM1V. For more information on    
Tecnotree visit www.tecnotree.com

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