Solteq expands business operations to St. Petersburg



Solteq Plc Stock Exchange Bulletin on April 16, 2008

Solteq Plc consolidates its business operations by opening a sales
office in St. Petersburg. OOO Solteq Russia was entered in the
Russian Register of Companies. The objective of the St. Petersburg
office is first to boost the Company's maintenance business.

At first, Solteq's services to companies operating in the St.
Petersburg area will include maintenance and material management
systems and data collection solutions. Existing maintenance clients
in Russia include St. Petersburg's water purification plant and
Nokian Tyres. Service selection will be expanded to cover data
harmonization services and systems for trade and car sales.

Primary target groups in the St. Petersburg area consist of
western-owned companies that have recently built production plants or
have plans for investing in factories. Primary target industries
include process and food industries and energy companies. Other
potential clients include public administration organisations
investing in utility networks and services."We envisage notable potential for maintenance data systems in the
St. Petersburg area, and competition appears relatively minor at the
moment. Market growth is often accelerated by building of new
production plants, which makes companies pay much more attention to
maintenance systems. This combined with foreign investments creates
interesting opportunities for Solteq. Our objective is to yield a
significant part of our turnover in Russia in a couple of years,"
says Solteq's Managing Director Hannu Ahola.

Solteq's maintenance solutions enable industrial plants to anticipate
service needs in their production lines, to monitor fault history,
and to manage machinery maintenance material flows from purchase to
storage. Maintenance system business is based on Solteq's proprietary
software products and comprises one of the Company's primary focus
areas. Maintenance experienced the greatest growth in relation to
Solteq's other business operations in 2007. Growth is expected to
continue in 2008.

Further information:

Solteq Oyj
Hannu Ahola, Managing Director
Tel. +358 (0)201 4444 or +358 (0)40 8444 211
Email: hannu.ahola@solteq.com

Solteq Plc is a strategic partner for trade and industry with core
competence in critical business IT solutions. Solteq combines its own
products with those of world leading software companies to create
custom-made solutions for client business development and resource
planning. The solutions enable data refining, which helps clients in
planning their business operations more effectively and improves
their profitability. The Company turnover amounted to MEUR 27.9 in
2007. Solteq employs 270 persons. Detailed information is available
at www.solteq.com.