Revenio Group Corporation Stock Exchange Release September 9 2014 at 9:00 AM EMPLOYER-EMPLOYEE NEGOTIATIONS REGARDING REVENIO'S RIB BUSINESS CONCLUDED The employer-employee negotiations within Boomeranger Boats Ltd., a company specializing in Rigid Inflatable Boats (RIB) which is part of the Technology and Services business segment of the Finnish health tech group Revenio Group Corporation, have been concluded. The negotiations have implications on the entire personnel of Boomeranger Boats Ltd., approximately 27 persons in total. As a result of the negotiations, the company will be able to implement any necessary fixed-term layoffs and staffing reductions as of 15 October 2014. The extent of the layoffs will depend on how the company's order book develops. The aim of the layoffs agreed in the course of the negotiations is to adjust the company's cost structure to its changed operating environment, which currently poses some challenges. The layoffs will be carried out in preparation for a potential scenario in which the existing, substantial order book of Boomeranger Boats Ltd. cannot be fully realized. The risk of this is caused by the general economic situation, which has been noted to hinder decision-making processes. Another goal of the negotiations is to ensure that the profitability trend of Revenio Group Corporation continues in line with its strategy. For further information, please contact: President & CEO Olli-Pekka Salovaara, tel. +358 40 567 5520 olli-pekka.salovaara@revenio.fi www.revenio.fi DISTRIBUTION: NASDAQ OMX Helsinki Financial Supervisory Authority (FIN-FSA) Principal media www.revenio.fi The Revenio Group in brief Revenio is a Finnish health tech group whose core business is tonometers. The Revenio Health Tech segment comprises the business operations of Icare Finland Oy. The widely patented Icare product family is the current cornerstone of the Group's success. Revenio seeks vigorous growth in health technology, both organically and through acquisitions and mergers. The Revenio Group also includes other business operations, which are grouped under the Technology and Services segment. This segment's operations have a shared global market and represent the cutting edge of technology products and services in their industry. In 2013, the Revenio Group's net sales totaled EUR 25.7 million, with its operating margin standing at 21.7%. The Revenio Group Corporation is listed on NASDAQ OMX Helsinki. [HUG#1854423]
Revenio Group Corporation: EMPLOYER-EMPLOYEE NEGOTIATIONS REGARDING REVENIO'S RIB BUSINESS CONCLUDED
| Source: Revenio Group Oyj