HELSINKI, Finland, Sept. 9, 2003 (PRIMEZONE) -- Proha concluded joint discussions on temporary dismissals of its personnel in Finland. As a result, Proha-Group will temporarily dismiss 91 employees for an average of 2 weeks in Finland. The maximum total number of temporary dismissals is 50 man-months and they are scheduled to take place between September 2003 and March 2004. Approximately half of the temporary dismissals will take place during 2003 and they concern all personnel groups.
If the demand for project management software revives the temporary dismissals will not be executed to the extent now planned.
The temporary dismissals apply to the personnel of Artemis Finland Oy, which is the subsidiary of Proha's sub-group Artemis International Solutions Corporation, as well as the personnel of Proha Plc and its subsidiaries Intellisoft Oy and ProCountor International Oy.
Proha Plc Pekka Pere President and CEO
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PROHA PLC
CEO Pekka Pere tel +358 (0)20 4362 000 pekka.pere@proha.com www.proha.com
DISTRIBUTION: Helsinki Stock Exchange Major Media
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