Elektrobit Oyj - Company Announcement

Bittium Corporation's outlook for the year 2015

Stock Exchange Release

Free for publication on July 1, 2015 at 3.20 pm (CEST+1)

Bittium Corporation's outlook for the year 2015

(Continuing operations without Automotive business)

The outlook for 2015 has been updated due to the sale of the Automotive business
and  the change of the  company name on July  1, 2015. Outlook regarding the net
sales and operating result remains the same as given in the outlook in the stock
exchange release published on May 19, 2015.

In  the interim  report January-June  2015 EB will  report Wireless business and
corporate  functions as continuing operations  and the Automotive business, sold
on July 1, 2015, will be reported as discontinued operations.

For  the year 2015 Bittium expects that from continuing operations the net sales
will  grow and operating profit will be at  the same level or higher than in the
previous  year  for  the  Wireless  business  (net sales of EUR 53.0 million and
operating profit of EUR 1.0 million in 2014).

The  2015 business outlook for  the Wireless business  remains unchanged. In the
Wireless  business,  the  demand  for  R&D  services and products is expected to
develop   positively   especially  in  the  authority  markets  and  in  various
applications where wireless connectivity is needed.

Due to the sale of the Automotive business, the continuing operations of Bittium
will  carry approximately  EUR 1.0 million  more of  the costs  of the corporate
functions  during the second half of year 2015, since these costs will no longer
be shared with the Automotive business.

The  operating profit outlook  above does not  include non-recurring profits and
costs  related to the  sale of the  Automotive business or  the demerger process
that  has been  canceled. The  non-recurring costs  related to  these events are
included in the estimate of non-recurring items below resulting from the sale of
the Automotive business.

Non-recurring items

The transaction is estimated to have approximately EUR 530 million positive non-
recurring effect on Bittium's net profit for the full year 2015. This estimation
includes  both the proceeds from  the sale of Automotive  business and the costs
related  to  this  transaction  and  the  costs related to the canceled demerger
process. The company plans to update these estimates on the financial effects of
the  transaction  in  its  interim  report  January-June 2015 to be published on
August 6, 2015.

Risks and uncertainties regarding the outlook

Market  outlook  for  Bittium  remains  as  described  in the Interim Report for
January-March  2015, under the section "Market outlook for the Wireless Business
Segment".

More information about other uncertainties regarding the outlook is presented in
the  sections "Risks and uncertainties" and  "Events after the review period" in
the  interim report January -  March 2015, as well as  on the company's internet
pages at www.bittium.com.



Oulu, July 1, 2015

Bittium Corporation
Board of Directors



Further information:

Jukka Harju
CEO
Bittium Corporation
Tel. +358 40 344 5466



Distribution:

NASDAQ Helsinki
Main media



Bittium

Bittium  is  specialized  in  developing  reliable and secure communications and
connectivity solutions using the latest technologies and deep knowledge on radio
technology.  Bittium provides innovative products and customized solutions based
on  its product platforms, and R&D services for customers in various industries.
Bittium  also  offers  high  quality  information  security solutions for mobile
devices  and portable computers. Net sales  of continuing operations in 2014 was
EUR  53.0 million and operating profit was EUR 1.0 million. Bittium is listed on
Nasdaq Helsinki. www.bittium.com




[HUG#1933341]

Attachments:

Bittium Corporation Outlook for 2015.pdf