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2009-05-18 16:00:00 CEST 2009-05-18 16:01:12 CEST REGULATED INFORMATION Stonesoft - Company AnnouncementSTONESOFT STRIVES FOR IMPROVED PROFITABILITY AND SPECIFIES THE MEASURES BY WHICH THE SAVINGS TARGET FOR THE REST OF THE YEAR WILL BE REACHEDStonesoft Corporation stock exchange release 18.5.2009 STONESOFT STRIVES FOR IMPROVED PROFITABILITY AND SPECIFIES THE MEASURES BY WHICH THE SAVINGS TARGET FOR THE REST OF THE YEAR WILL BE REACHED Stonesoft Corporation continues its decisive and persistent efforts to increase its net sales and to improve its profitability. The company has already earlier announced its decision to further reduce the company's cost structure and specified the company's savings target for the rest of the year to be around 1.5 million Euros. To reach this target the company commenced, among other actions, co-operation negotiations based on which the company has now decided to terminate employment contract of six (6) employees and lay off the personnel in Finland with certain exceptions for six weeks in stages during the rest of the year. Stonesoft Corporation Ilkka Hiidenheimo CEO For further information: Ilkka Hiidenheimo, CEO, Stonesoft Corporation Puh. 09 476 711 E-mail: ilkka.hiidenheimo@stonesoft.com Distribution: NASDAQ OMX Helsinki Ltd Main media www.stonesoft.com |
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