IXONOS SETS UP A NEW OFFICE IN GERMANY


Ixonos Plc Stock Exchange Release 23 August 2007                                

IXONOS SETS UP A NEW OFFICE IN GERMANY                                          

Ixonos Plc founds a subsidiary in Germany and opens an office in Bochum. The    
German subsidiary will produce software development services for Ixonos         
Telecommunications Business Unit's client projects.                             

The Bochum site will especially focus on development of multimedia features of  
smartphones. With the new office Ixonos intends to advance the close and        
expanding co-operation between the product development teams of Ixonos and those
of its clients operating in Germany. The Bochum unit will work in close         
co-operation with Ixonos Telecommunications Business Unit's Finnish sites and   
with the Kosice (Slovakia) subsidiary established in March 2007.                

At the time of establishment of the new subsidiary, the Bochum site employs c.  
10 software experts.                                                            

Ixonos operates in the ICT service markets, offering its customers flexible     
technology consulting, software development and maintenance and project         
management solutions that support their competitiveness and risk management.    
Ixonos´s clientele comprises leading mobile and smartphone manufacturers        
operating on the global markets, mobile network suppliers and telecom operators 
as well as Finnish finance companies and public administration organisations.   

Ixonos has its headquarter in Helsinki and local offices in Espoo, Jyväskylä,   
Kemi, Oulu, Rovaniemi, Salo, Tampere and Turku. Group's subsidiaries have       
officies in Haapajärvi, Tallinn, Estonia and Kosice, Slovak Republic. Ixonos's  
turnover in 2006 was 39.2 MEUR and operating profit 3.9 MEUR. The number of     
personnel exceeds 700.                                                          


ADDITIONAL INFORMATION                                                          
Ixonos Plc                                                                      
President and CEO, Kari Happonen                                                
Phone: +358 424 2231, mobile phone +358 400 700 761, kari.happonen@ixonos.com.  

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Helsinki Stock Exchange                                                         
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