Tecnomen Lifetree Corporation       STOCK EXCHANGE RELEASE                      
                                    29 September 2009 at 12.00 noon             

EMPLOYEE NEGOTIATIONS CONCLUDED AT TECNOTREE                                    

The employee negotiations, started on 31st August 2009, relating to the possible
restructuring of VAS (Value Added Services) business unit and the possible      
terminations of employee contracts on production and financial grounds, have    
been concluded.                                                                 

The number of personnel will be reduced in Finland by 20 employees. This and    
other cost saving operations will cause over EUR 4 million annual savings and   
will have a full impact as from the beginning of 2010. The action taken will    
cause costs of some EUR 0.5 million during the third quarter, mainly for        
salaries paid for the period of notice.                                         

TECNOMEN LIFETREE CORPORATION                                                   

FURTHER INFORMATION                                                             
Jarmo Niemi, CEO, tel. +358 400 688 097                                         

NASDAQ OMX Helsinki Ltd                                                         
Main Media                                                                      

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 over 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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