Free for publication March 23, 2007 at 08.15 am. (EET) Elektrobit's New Name into Force The changes of the company's Articles of Association decided by Elektrobit's Annual General Shareholders' meeting on March 14, 2007, were entered into the Finnish Trade register as of today. By virtue of the registration of the changes to the company's Articles of Association, the company's new name became effective. The new name is Elektrobit Corporation, in Finnish Elektrobit Oyj. The amended Articles of Association of Elektrobit Corporation in its entirety as well as other resolutions made by the Annual General Shareholders' Meeting were published by a Stock Exchange Release on 14 March 2007. In Oulunsalo, March 23, 2007 Elektrobit Corporation Further information: Maija-Liisa Fors Investor Relations, Director Tel. +358 40 344 2875 Distribution: OMX Helsinki Principal media About Elektrobit Elektrobit is a technology company specialized in embedded software and hardware solutions for selected automotive and wireless environments. Elektrobit provides in-car software products and R&D services, advanced mobile terminal R&D services and design as well as mobile WiMAX base station modules and R&D services. Elektrobit's product portfolio also covers testing, material handling as well as process automation tools and equipment. Elektrobit employs some 2,000 professionals in 13 countries. The net sales for the year 2006 totalled MEUR 181.5. Elektrobit Corporation is listed on OMX Helsinki. www.elektrobit.com