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2009-02-11 14:10:00 CET 2009-02-11 14:10:00 CET REGULATED INFORMATION Done Solutions Oyj - Company AnnouncementMIDAS TOUCH OY TO LAUNCH CO-OPERATION NEGOTIATIONSDone Solutions Corporation Stock Exchange Release, February 11, 2009, at 15.10 pm MIDAS TOUCH OY TO LAUNCH CO-OPERATION NEGOTIATIONS Co-operation negotiations, based on the Act on Co-operation within Undertakings, will be launched in Midas Touch Oy, a Done Solutions Corporation subsidiary in the Services segment, in order to adapt its operations to the current market situation. Demand for the company's services has fallen short of expectations at the beginning of the year, in particular in sales activities targeted at private households. Since the company anticipates these changes in demand to be long term in nature, the necessary measures will affect all of its operations. The co-operation negotiations concern all personnel of Midas Touch Oy and its subsidiaries. The negotiations will be conducted in order to prepare for the laying off, part-time employment and/or termination of employment of 0 to 200 employees. The scope of the adjustment measures will be determined more precisely as a result of the co-operation negotiations that are now being initiated. These co-operation negotiations will not affect the Group's previously announced profit guidance for 2008. Done Solutions Corporation Olli-Pekka Salovaara President and CEO For further information, please contact: Olli-Pekka Salovaara, President & CEO, mobile +358 (0)40 567 5520 olli-pekka.salovaara@donesolutions.com http://www.donesolutions.com Distribution: Helsinki Stock Exchange Financial Supervision Authority Major media Done Solutions Corporation, listed on the OMX Helsinki Stock Exchange, is the parent company of Done Group. Done's subsidiaries focus on the provision of advanced Finnish specialist expertise and export-based operations. |
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