Stock Exchange Release
15 November 2016 at 2.15 p.m. EET
The District Court of Espoo has today by a decision 16/17388 confirmed the amended restructuring programme proposal that the Administrator Jari Salminen filed into the District Court of Espoo on September 30, 2016 in the restructuring proceedings of Tecnotree Oyj. Along with the decision the restructuring proceedings of Tecnotree Oyj shall come to an end.
The District Court has appointed Attorney-at-Law Jari Salminen to supervise the implementation of the restructuring programme.
Padma Ravichander, CEO
tel. +97 15 6414 1420
Kirsti Parvi, CFO
tel. +358 50 517 4569
Tecnotree is a global provider of telecom IT solutions for the management of products, customers and revenue. Tecnotree helps communications service providers to transform their business towards a marketplace of digital services. Tecnotree empowers service providers to monetise service bundles, provide personalised user experiences and augment value throughout the customer lifecycle. With around 900 telecom experts, Tecnotree serves around 90 service providers in around 70 countries. Tecnotree is listed on the main list of NASDAQ Helsinki with the trading code TEM1V. For more information on Tecnotree, please visit www.tecnotree.com.