INCAP PLANS CLOSING DOWN THE VUOKATTI FACTORY AND TRANSFERRING THE PRODUCTION TO ESTONIA

Incap CorporationStock exchange release
4 February 2010 at 9 a.m.


INCAP PLANS CLOSING DOWN THE VUOKATTI FACTORY AND TRANSFERRING THE PRODUCTION TO
ESTONIA
Since last autumn Incap has been investigated possibilities to concentrate its
European electronics manufacturing in Estonia. As one alternative, it has been
examined whether a third party could be found to continue running a part of the
business in Vuokatti.

Since negotiations concerning eventual business transaction of the Vuokatti
factory have so far been concluded with no results, the company plans to
transfer the production to Estonia during the year 2010. Concentration of
electronics manufacturing into one unit in Europe is a part of the restructuring
of production according to company strategy, and it will improve efficiency of
operations and bring savings of approximately EUR 3 million in 2011.

As the planned restructuring of operations can lead to the closing down of the
Vuokatti factory, Incap has today started cooperation negotiations, which may
include eventual redundancies of approximately 130 employees.

INCAP CORPORATION

Sami Mykkänen
President and CEO


Further information:
Sami Mykkänen, President and CEO, Tel.+358 40 559 9047
Eeva Vaajoensuu, CFO, Tel. +358 40 763 6570
Hannele Pöllä, Director, Communications and HR, Tel.+358 40 504 8296

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Principal media
www.incap.fi


INCAP IN BRIEF
Incap Corporation is an internationally operating contract manufacturer whose
comprehensive services cover the entire life-cycle of electromechanical products
from design and manufacture to after-sales services. Incap's customers include
leading equipment suppliers in energy efficiency and well-being technologies,
for which the company produces competitiveness as a strategic partner. Incap has
operations in Finland, Estonia and India. The Group's revenue in 2008 amounted
to EUR 94 million and the company currently employs approximately 770 people.
Incap's share is listed on the NASDAQ OMX Helsinki. Additional information:
www.incap.fi.






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