TietoEnator Oyj - Company Announcement

TietoEnator acquires Indian telecom R&D supplier

TietoEnator Corporation Stock Exchange Release 14 September 2007,
7.30 am EET

TietoEnator has signed an agreement to acquire Fortuna Technologies
Pvt. Ltd. in India. The transaction is planned to be closed on
September 17. The company has approximately 300 employees and
provides R&D services and develops turnkey software solutions for
major European and Asian mobile device manufacturers of 3G handsets.
Fortuna is a key partner to one of the world leading mobile device
platform vendors. The acquisition supports TietoEnator Telecom &
Media's strategy to build high and extremely qualified spearhead
competence for telecom R&D and provides an excellent complement to
its current customer base and services portfolio.

The purchase price is approximately EUR 21 million. The impact on
TietoEnator's net sales for 2008 is expected to be approximately EUR
11 million and profitability of the acquired company higher than
TietoEnator's average level.

Ari Vanhanen, President of TietoEnator Telecom & Media, said: "We're
already a leading R&D services provider for telecom and have long
term relationships with Fortuna's major customers. The combined
efforts of TietoEnator and Fortuna will make an even stronger
platform for further growth together with our key customers.
Additionally, Fortuna gives us an excellent platform for future
growth in India and other parts of Asia and is a strategic addition
to our global delivery model."

Fortuna was originally founded in 1996 by its current owners, and
since 2004 has focused on R&D for mobile devices. The company is
based in the city of Hyderabad.

TC Ashok, Founder and President of Fortuna Technologies, said: "I am
very excited about this opportunity with TietoEnator. This enables us
to take our business global and expand our reach to TietoEnator's
customer base. Fortuna has established itself as a strategic partner
to key platform vendors and manufacturers, with around 300 experts
under one roof capable of delivering complete 3G software for mobile
devices. Together with TietoEnator we will now have a world leading
portfolio of services and software solutions."

TietoEnator's business area Telecom & Media has a broad service
portfolio that covers R&D services, consulting, IT system development
and integration for the telecom and media industry. The company
operates in close partnership with its global customers, assisting
them in the development of their products and business processes.
TietoEnator's Telecom & Media business area currently employs over
5,700 experts in 15 countries.

For further information, please contact:

Ari Vanhanen, President, TietoEnator Telecom & Media, +49 171 423 24
36
TC Ashok, President, Fortuna Technologies (India) Pvt. Ltd. +91 98490
33777



TIETOENATOR CORPORATION

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TietoEnator is among the leading architects in building a more
efficient information society and one of the largest IT services
providers in Europe. TietoEnator specializes in consulting,
developing and hosting its customers' business operations in the
digital economy. The Group's services are based on a combination of
deep industry-specific expertise and the latest information
technology. TietoEnator has about 16 000 experts in close to 30
countries.
www.tietoenator.com