COMPTEL CORPORATION STOCK EXCHANGE RELEASE 9 FEBRUARY 2009 AT 2.10 PM COMPTEL CONCLUDES PERSONNEL NEGOTIATIONS The personnel negotiations concerning Comptel Finland have been concluded. As a result of these negotiations the company has decided to make 45 people redundant on financial and production grounds. In the beginning of the negotiations, the estimated number of reductions was 50 at the maximum. Comptel Corporation's subsidiaries in Norway and United Kingdom have also taken actions for downsizing the amount of personnel under the local legal requirements and collective agreements, as earlier indicated. The annual cost reduction need is EUR 2.3 million in Norway and EUR 0.9 million in the United Kingdom. With these measures the Group will reach annual cost savings of approximately EUR 7 million. For 2009 the company estimates cost savings of approximately EUR 2 million after one-off items. By reducing personnel costs Comptel aims to ensure the Group's long-term profitability and competitiveness. COMPTEL CORPORATION Sami Erviö President and CEO Further information: Sami Erviö, President and CEO, tel. +358 9 700 1135 Distribution: NASDAQ OMX Helsinki Major media Comptel provides Dynamic OSS solutions, enabling telecom service providers to deliver services flexibly and charge them effectively. Comptel's expertise in inventory, provisioning and activation, mediation and charging empowers service providers to focus on delivering the innovative services. Comptel has provided solutions to 280 customers with 500 million subscribers in 85 countries. Net sales were EUR 82.4 million in 2007. Comptel was established in 1986 and has recently acquired an UK-based IP fulfillment specialist Axiom Systems. Following the acquisition the Group has about 630 employees in 18 countries. www.comptel.com