Innofactor Plc Stock Exchange Release July 1, 2013, at 8:30 Finnish time
Innofactor Renews Its Organization and Management
Innofactor Board of Directors held a meeting late on June 30, 2013, and decided to change Innofactor organization, which will be effective from July 1, 2013. The change in organization is related to the acquisition announced on June 7, 2013, where Innofactor acquired the entire share capital and capital loans of the Finnish company atBusiness Oy.
As announced earlier, Juha Rokkanen will lead the Finnish system integration activities, and act as Managing Director of Innofactor Business Solutions Oy. Mikko Lampi will act as his deputy. The members of the executive board of the strategic business unit include Juha Rokkanen (chairman), Mikko Lampi, Harri Taro, Vesa Kauppila, Mika Nurmi, Mikko Myllys, Tommi Flemming, Teemu Muukkonen, Perttu Monthan and Ville Kujansuu.
The executive board of Innofactor Group will consist of President and CEO Sami Ensio (chairman), Mikko Karvinen, Janne Martola, Elina Jokinen, Ingrid Peura (from August 12, 2013), Heikki Jekunen, Juha Rokkanen, Mikko Lampi and Christian Andersen. CFO Mikko Karvinen will act as the deputy for the CEO.
The organization change does not include redundancies or similar personnel arrangements.
INNOFACTOR PLC
Board of Directors
Further information:
Sami Ensio, CEO
Innofactor Plc
Tel: +358 50 584 2029
Distribution:
NASDAQ OMX Helsinki
Main media
www.innofactor.com
Innofactor is one of the leading software providers focused on Microsoft solutions in the Nordic Countries. Innofactor delivers to its customers IT projects as a system integrator and develops its own software products and services. The focus area in its own product development is Microsoft Azure-based cloud solutions. Innofactor's customers include about 1,700 companies and government organizations in Finland, Denmark and elsewhere in Europe. In its operation, Innofactor strives for long-term customer relationships. Innofactor has about 400 motivated and skilled employees in several locations in Finland, Denmark and Russia. The five year growth of Innofactor's net sales in 2008–2012 has been about 35 percent annually. Innofactor is the fastest growing technology company in the Finnish stock exchange. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ OMX Helsinki Oy stock exchange.