Ixonos Stock Exchange Release 12 February 2009 IXONOS AND STAFF COMMENCE CO-OPERATION NEGOTIATIONS Because of the global financial crisis, the information and communication technology market situation is unstable. Ixonos does not expect the market to grow during the current year. The software and information system investments of corporate customers seem to decline, at least temporarily. Services also appear to be affected by price pressure. In order to make the company's operations more efficient and to increase the Group's profitability, Ixonos commences co-operation negotiations with the staff. The negotiations aim at rationalizing the Group's administration and support functions, boosting the proportion of chargeable work performed by the company's specialist staff, and increasing the contribution of international offices in proportion to the service production of the entire Group. The co-operation negotiations apply to the Group's administration and support functions, as well as to all offices in Finland. Possible terminations, lay-offs and task rearrangements that may be decided on as a result of the negotiations will affect approximately 80-120 persons. Potential measures are anticipated to be mostly temporary lay-offs. The program seeks to achieve some EUR 3 million in yearly savings as from the second quarter of the current financial period. Any action regarding personnel will not affect the production of services for Ixonos' customers. IXONOS PLC BOARD OF DIRECTORS FOR MORE INFORMATION, PLEASE CONTACT Ixonos Plc, President and CEO Kari Happonen, tel. +358 424 2231, GSM +358 400 700 761, kari.happonen@ixonos.com DISTRIBUTION NASDAQ OMX Helsinki Main media