EFORE PLC Press release October 17, 2008 9.30 a.m EFORE TO COLLABORATE WITH HELSINKI UNIVERSITY OF TECHNOLOGY ON NEW POWER SUPPLY APPLICATIONS Efore has leased laboratory facilities at the Faculty of Electronics, Communications and Automation at Helsinki University of Technology (TKK) to set up a product development laboratory. As one of the world's leading suppliers of custom designed power supply solutions, Efore believes improving the energy efficiency of electrical equipment and increasing intelligence in converters, energy distribution and energy management to be the key technological requirements of the future. Site solutions and the utilisation of the heat generated are also important aspects of energy efficiency. Eco Energy for ICT development The utilisation of alternative energy sources is a significant, new and real step in reducing the ecological footprint of ICT, and is especially important given that the cost of electricity is expected to increase further. The rapid development of the Internet has led to the explosive growth of broadband traffic in telecommunications networks and at server centres. As broadband data traffic consumes relatively more electricity, providers need to pay special attention to energy efficiency and the lifecycle costs of hardware stations. Pioneering intelligent systems “Efore develops highly energy efficient intelligent power supply systems and modules in close co-operation with our customers. We are a pioneer in new power supply architectures and desire to work more closely with the leading Finnish centre of expertise in the field, namely Helsinki University of Technology,” says Reijo Mäihäniemi, President and CEO of Efore Plc. “Future architectures require the comprehensive optimisation of site specific power supplies, and TKK has a great deal of further expertise to offer Efore. We will locate an R&D unit and laboratory at TKK to develop new technology as well as the utilisation of alternative forms of energy, such as wind and solar power, and the application of fuel cells to securing an uninterrupted power supply for hardware stations.” The utilisation of decentralised wind and solar power is already a real solution for small hardware stations, such as radio base stations. Particularly in countries where electrical power is not available or is of poor quality, alternative energy is in practice often the only option. In developed countries, it is a financially attractive and at the same time ecological alternative. Combining research expertise “We are enthusiastic about Efore's decision to locate an R&D laboratory on the university's premises to develop new technology. TKK has been working with Efore in the power supply field for a long time now, and this decision takes our co-operation to a whole new level,” says Jorma Kyyrä, Dean of the Faculty of Electronics, Communications and Automation at Helsinki University of Technology. “The architectures designed by Efore utilise many different technologies, such as renewable energy sources, so Efore's projects will engage several of our departments. Efore's presence here also opens up new and interesting development opportunities for our students,” the Dean concludes. EFORE PLC Reijo Mäihäniemi President and CEO For further information please contact Mr. Reijo Mäihäniemi, President and CEO, tel. +358 9 4784 6312 or Mr. Jorma Kyyrä, Dean of the Faculty of Electronics, Communications and Automation at Helsinki University of Technology, tel + 358 9 451 2436. DISTRIBUTION Nasdaq OMX Helsinki Ltd Principal media Efore Group Efore Group is an international company providing services for the telecommunications, industrial automation and health care industries. Its operations comprise custom-designed power supplies, power systems, manufacturing of demanding electronics, and related service and maintenance. Efore's head office is in Espoo, Finland. Besides Finland, the company's product development and marketing units are located in China, the USA and Sweden. Its production units are located in China, Estonia and the USA. In the fiscal year ending in October 2007, consolidated net sales totaled EUR 80,2 million and the Group's personnel averaged 766. The shares of the parent company Efore Plc are listed at the Nasdq OMX Helsinki Ltd. www.efore.com Helsinki University of Technology Helsinki University of Technology (TKK) is an internationally acknowledged university of technology with first-rate education and research that notably promotes advances in science and technology. The four faculties of the University have altogether 15,000 students pursuing either a Master of Science in engineering, architecture or landscape architecture or a doctorate. In 2007, TKK awarded 1,068 Masters of Science and 162 doctorates. In 2008, TKK celebrates its centennial as a university. www.tkk.fi/en
EFORE TO COLLABORATE WITH HELSINKI UNIVERSITY OF TECHNOLOGY ON NEW POWER SUPPLY APPLICATIONS
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