Elektrobit Oyj - Tender offer

ELEKTROBIT CORPORATION ACQUIRES DECOMSYS TO STRENGTHEN ITS AUTOMOTIVE BUSINESS WITH STATE-OF-THE-ART FLEXRAY TECHNOLOGY

PRESS RELEASE
Free for publication on June 14, 2007 at 3.20 pm. (EEST)

ELEKTROBIT CORPORATION ACQUIRES DECOMSYS TO STRENGTHEN ITS AUTOMOTIVE
BUSINESS WITH STATE-OF-THE-ART FLEXRAY TECHNOLOGY

Elektrobit Corporation ("EB") has entered today into a share purchase
agreement under the terms of which it shall purchase 100 per cent  of
the  shares  in     DECOMSYS  Beteiligungs  GmbH  ("DECOMSYS")   (the"Transaction"). DECOMSYS is a solutions provider for FlexRay, the new
high  performance  network   communications  protocol  standard   for
automotive  electronics,   and   AUTOSAR  (Automotive   Open   System
Architecture) next  generation  standard software.  Headquartered  in
Vienna,  Austria,  DECOMSYS  employs   48  people,  mainly   software
professionals. The Transaction comprises the subsidiaries of DECOMSYS
in Austria, Germany and USA.

The signed agreement supports EB's strategy, which is to focus on the
Automotive and Wireless Business Segments. The agreement  strengthens
the operation of the Automotive Software Business Unit, which belongs
to the Automotive Business Segment. The core products of DECOMSYS are
FlexRay design tools,  FlexRay software stacks,  and FlexRay  network
analysis tools. The  Automotive Software Business  Unit already  uses
the DECOMSYS' FlexRay software stack in its AUTOSAR products.

The Transaction does not  have a significant  impact on EB's  balance
sheet or result.  The closing of  the Transaction is  subject to  the
fulfilment of customary closing conditions. If the said conditions at
met, the transaction  is targeted to  be closed at  the end of  June,
2007 and by  the end  of the  year, at  the latest.  The sellers  are
private individuals and the  parties have agreed  not to publish  the
purchase price or other agreement terms.

Commenting on the  acquisition, Mr. Pertti  Korhonen, CEO, EB,  said:"DECOMSYS' product  portfolio  complements perfectly  our  Automotive
Software strategy to be a  full solution provider of AUTOSAR  runtime
software  and  tooling.  DECOMSYS  is  a  global  leader  in  FlexRay
technology. We warmly welcome DECOMSYS employees to join EB."

Looking forward to  the joint  work in the  new corporate  structure,
founders of DECOMSYS,  Mr. Emmerich Fuchs  and Mr. Dietmar  Millinger
state: "The strategic  integration of DECOMSYS'  FlexRay product  and
service portfolio into EB gives  us the power and possibilities  that
are required  to make  FlexRay projects  a success  in AUTOSAR  based
environments. We  are happy  to  take part  in this  market  changing
development."

June 14, 2007

Elektrobit Corporation
Pertti Korhonen
CEO

FURTHER INFORMATION:

Pertti Korhonen
CEO
EB
Tel. +358 40 344 3889

Otto Fößel
Managing Director Automotive
EB Automotive Software Business Unit
Tel. +49 9131 7701 321

Torsten Engelhardt
Public Relations
EB Automotive Software Business Segment
Tel. +49 9131 7701 134


DISTRIBUTION:
OMX Helsinki
Principal media

Elektrobit Corporation, EB
EB creates advanced technology and  turns it into enriching  end-user
experiences. EB  is specialized  in demanding  embedded software  and
hardware solutions for automotive and wireless technologies. The  net
sales for the year 2006  totalled MEUR 181.5. Elektrobit  Corporation
is listed on OMX Helsinki. www.elektrobit.com

DECOMSYS
DECOMSYS GmbH  is a  solutions  provider for  FlexRay, the  new  high
performance network communications  protocol standard for  automotive
electronics, and AUTOSAR (Automotive  Open System Architecture)  next
generation  standard  software.  FlexRay  enables  new  features  and
applications for more safety, economy,  fun, and comfort in the  car.
Engineers at OEMs and Tier 1 suppliers around the world use  DECOMSYS
design tools, monitoring  solutions, and  prototyping hardware.  They
also  count  on   the  comprehensive   services,  e.g.   engineering,
trainings,   chip   design,   testing,   and   customized    software
development.  As an active member of both the FlexRay Consortium  and
AUTOSAR, DECOMSYS is especially proud to be a basic software provider
for the  first  FlexRay  series projects.  Headquartered  in  Vienna,
Austria, DECOMSYS has a subsidiary in Germany and in the USA.