2015-08-26 14:16:29 CEST

2015-08-26 14:17:12 CEST


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Incap - Company Announcement

Incap continues developing its corporate functions


Incap Corporation
Stock Exchange Release                    26 August  2015 at 3.15 pm (EET)



INCAP CONTINUES DEVELOPING ITS CORPORATE FUNCTIONS

Incap continues with the renewal of its operational model and is outsourcing its
Finance & Administration to cooperating partners. The management of finance and
administration will be in the responsibility of Ms Kaisa Kokkonen (M.Sc. Econ.,
HTM-auditor) at Akeba Oy and as the financial department will act Tilistar Oy.
The new operational model of Finance & Administration will be implemented as
from 1 September 2015.

Kirsti Parvi, who has been acting as CFO of Incap Group as from 2011, is turning
to new tasks outside the company. President and CEO Ville Vuori: "I wish to
thank Kirsti Parvi for her persistent work both during the challenging period of
the company and now after the financial position of the company was improved. We
have during the last few years implemented a significant structural change, and
Kirsti has had there an important role. I wish her all the best in her future
challenges."

Besides renewing the Finance & Administration, Incap is strengthening its key
functions further and has started searching a managing director for the Estonian
operations. The Group's factories in Estonia and India are operating as
independent profit centers, which are responsible besides the actual order-
delivery process also for quotations and pricing. The Group's new management
team will consist of the CEO of the Group and the managing directors of the
operations in Estonia and India.

INCAP CORPORATION

Further information:
Ville Vuori, President and CEO of Incap Group, tel. +358 400 369 438

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Principal media
The company's home page www.incapcorp.com

INCAP IN BRIEF
Incap Corporation is an international contract manufacturer whose comprehensive
services cover the entire life-cycle of electromechanical products from design
and sourcing to actual manufacture and further to maintenance services. Incap's
customers are leading suppliers of high-technology equipment in their own
business segments, and Incap increases their competitiveness as a strategic
partner. Incap has operations in Finland, Estonia, India and China. The company
currently employs approximately 400 people. Incap's share is listed on the
NASDAQ OMX Helsinki Ltd. since 1997. Additional information: www.incapcorp.com.

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