TECNOMEN IS EXPLORING THE POSSIBILITY OF SELLING REAL ESTATE
Tecnomen has decided to investigate the option of liquidizing its assets from
the real estate Tecnomen owns, and has given Catella Corporate Finance Oy the
task of exploring the possibility of selling the real estate of the Tecnomen
headquarters in Espoo. If the real estate is sold, Tecnomen will continue
functioning on the premises as a tenant. A clarification regarding selling will
also be made for the real estate owned by Tecnomen in Shannon, Ireland.
Tecnomen expects to book a profit by selling the real estate in Espoo. It is not
certain, however, that the sale will actually take place. If it does, it is
estimated to take place in the second quarter of 2008.
TECNOMEN CORPORATION
Tuomas Wegelius
CFO
Tel. +358 9 8047 8650
tuomas.wegelius@tecnomen.com
DISTRIBUTION
OMX Nordic Exchange Helsinki Oy
Principal Media
www.tecnomen.com
About Tecnomen
Tecnomen develops carrier-grade Messaging and Charging systems for telecoms
operators and service providers worldwide. Founded in 1978, it is one of the
leading suppliers of messaging solutions and has a strong market position in
prepaid systems. Tecnomen markets its products and services through its own
worldwide organisation, as well as through global and local partners, and has
supplied its products to customers in over 60 countries. Headquartered in Espoo,
Finland, Tecnomen has 350 employees working in 14 locations. Tecnomen is listed
on OMX Nordic Exchange in Helsinki. For more information on Tecnomen visit
www.tecnomen.com
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