TietoEnator Corporation Stock Exchange Release 14 September 2007, 7.30 am EET TietoEnator has signed an agreement to acquire Fortuna Technologies Pvt. Ltd. in India. The transaction is planned to be closed on September 17. The company has approximately 300 employees and provides R&D services and develops turnkey software solutions for major European and Asian mobile device manufacturers of 3G handsets. Fortuna is a key partner to one of the world leading mobile device platform vendors. The acquisition supports TietoEnator Telecom & Media's strategy to build high and extremely qualified spearhead competence for telecom R&D and provides an excellent complement to its current customer base and services portfolio. The purchase price is approximately EUR 21 million. The impact on TietoEnator's net sales for 2008 is expected to be approximately EUR 11 million and profitability of the acquired company higher than TietoEnator's average level. Ari Vanhanen, President of TietoEnator Telecom & Media, said: "We're already a leading R&D services provider for telecom and have long term relationships with Fortuna's major customers. The combined efforts of TietoEnator and Fortuna will make an even stronger platform for further growth together with our key customers. Additionally, Fortuna gives us an excellent platform for future growth in India and other parts of Asia and is a strategic addition to our global delivery model." Fortuna was originally founded in 1996 by its current owners, and since 2004 has focused on R&D for mobile devices. The company is based in the city of Hyderabad. TC Ashok, Founder and President of Fortuna Technologies, said: "I am very excited about this opportunity with TietoEnator. This enables us to take our business global and expand our reach to TietoEnator's customer base. Fortuna has established itself as a strategic partner to key platform vendors and manufacturers, with around 300 experts under one roof capable of delivering complete 3G software for mobile devices. Together with TietoEnator we will now have a world leading portfolio of services and software solutions." TietoEnator's business area Telecom & Media has a broad service portfolio that covers R&D services, consulting, IT system development and integration for the telecom and media industry. The company operates in close partnership with its global customers, assisting them in the development of their products and business processes. TietoEnator's Telecom & Media business area currently employs over 5,700 experts in 15 countries. For further information, please contact: Ari Vanhanen, President, TietoEnator Telecom & Media, +49 171 423 24 36 TC Ashok, President, Fortuna Technologies (India) Pvt. Ltd. +91 98490 33777 TIETOENATOR CORPORATION DISTRIBUTION Helsinki Stock Exchange Stockholmsbörsen Principal Media TietoEnator is among the leading architects in building a more efficient information society and one of the largest IT services providers in Europe. TietoEnator specializes in consulting, developing and hosting its customers' business operations in the digital economy. The Group's services are based on a combination of deep industry-specific expertise and the latest information technology. TietoEnator has about 16 000 experts in close to 30 countries. www.tietoenator.com